The Los Angeles-based online fashion retailer reported Q4 net income of $19.0 million on Wednesday, representing a year-over-year increase of 126% compared to $8.4 million in the prior-year period.
The Victoria’s Secret parent company reported fourth-quarter income of $860.3 million, or $3.03 per share, on Wednesday, beating analysts’ estimates of $2.91 per share.
The cosmetics brand cited "an accumulation of challenges, together with the global impact of Covid-19" upon announcing its decision to close at the end of September 2021.
Discount store operator TJX Cos Inc missed estimates for holiday-quarter results on Wednesday, as coronavirus-induced lockdowns in Europe and Canada shaved about $1 billion off its sales.
German sportswear company Puma expects the financial impact from coronavirus lockdowns to last well into the second quarter, but believes global growth in running should help to support a strong improvement after that.
U.S. retail sales are expected to rise between 6.5% and 8.2% to more than $4.33 trillion in 2021 as more people get vaccinated and the economy reopens, the National Retail Federation (NRF) said on Wednesday.
The Italian luxury brand famous for its iconic down jackets announced on Tuesday that it has entered into an agreement with Temasek Holdings to acquire the remaining 30% stake of Stone Island’s parent company.
The Broomfield, Colorado-based footwear maker reported record annual revenues of $1.4 billion on Tuesday, with progress driven by booming digital sales and solid growth in the company’s Americas region.
One of the great retailing experts, Helen Lambert, talks with Godfrey Deeny about what's next in e-tailing and what's up with her latest project, online wholesale platform Style Pulse, in our latest podcast.
Macy’s forecast 2021 sales largely above Wall Street estimates on Tuesday as the retailer bets on its growing online business and on the Covid-19 vaccine rollouts allowing customers to return to its department stores.
Cosmetics maker Estee Lauder Cos Inc said on Tuesday it had offered about $1 billion to take control of Deciem Beauty Group Inc, the parent company of The Ordinary skincare brand.
Hotter Shoes’ CEO Ian Watson has a long-term vision for the comfort shoe brand’s stores to become “experiential centres”, but for now his focus is on more technology and a more digital future.
According to a report from E! News, the matriarch of the Kardashian-Jenner clan registered trademarks for "Kris Jenner Beauty," "Kris Jenner Skin" and "Kris Jenner Skincare."
The San Francisco-based consignment marketplace announced Q4 revenue of $84.6 million on Monday, representing a 10% year-over-year decrease, despite a quarterly record in new buyers.
The Menomonee Falls, Wisconsin-based department store chain has rejected the plans presented by a group of investors on Monday, as well as the slate of nine directors nominated by the group.
