298
Fashion Jobs
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TOMMY HILFIGER
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L'OREAL GROUP
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ADIDAS
Senior Manager, Materials Availability Management
Permanent · HONG KONG
L'OREAL GROUP
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PUMA
Manager Innovation Technical Apparel
Permanent · HONG KONG
DR. MARTENS
Head of Financial Accounting, Apac
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TJX COMPANIES
Director of Sourcing, Apparel -Hong Kong
Permanent · HONG KONG
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Hysan Place
Permanent · CAUSEWAY BAY
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Yoho Mall
Permanent · HONG KONG
A & F
Abercrombie & Fitch - Brand Representative (Part-Time / Full-Time), Harbour City
Permanent · TSIM SHA TSUI
KERING EYEWEAR
Kering Eyewear Assistant Trade Marketing Manager Travel Retail
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JAEGER
Training Manager
Permanent · HONG KONG
L'OREAL GROUP
Retail And Education Manager
Permanent · HONG KONG
TORY BURCH
Senior Manager, Retail Training, Asia
Permanent · HONG KONG
By
Reuters
Published
Jan 11, 2022
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American Eagle signals weak revenue growth in holiday quarter

By
Reuters
Published
Jan 11, 2022

American Eagle Outfitters Inc on Tuesday signaled its revenue growth in the holiday quarter was hampered by supply chain snarls and disruptions caused by the Omicron surge, sending its shares down 2% in premarket trading.


Photo: American Eagle Outfitters



The company forecast fourth-quarter revenue to rise in the mid-to-high teens percentage, lower than market estimates of 21.5% growth, according to Refinitiv data.

The weak outlook underscored the impact of a renewed surge in U.S. COVID-19 cases, which forced worsened staffing and inventory shortages at several retailers and forced some to cut operating hours during the busiest shopping period of the year.

Urban Outfitters Inc said earlier in the day traffic at its stores reduced in November and December, while yoga-wear maker Lululemon Athletica Inc had warned of a hit to sales from the Omicron coronavirus variant on Monday.

American Eagle rival Abercrombie & Fitch Co has also given a disappointing sales forecast because of supply chain hurdles.

But Abercrombie said it sales have started rising in the post-holiday period, while American Eagle raised its long-term revenue target to $5.8 billion from $5.5 billion.

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