Africa’s Jumia Technologies on Tuesday reported an 8% increase in active customers from a year earlier, following a ramp-up in marketing efforts, but said its adjusted loss had nearly doubled.
TJX Cos Inc said it was well-positioned for the holiday season, easing concerns of product availability due to supply-chain bottlenecks, after it reported quarterly sales that beat estimates on Wednesday.
The Spanish natural cosmetics brand, which is celebrating its fifth anniversary, has closed a financing round with Blossom Capital, and is forecasting 2021 sales worth €50 million.
British Land is back in the black. The UK commercial property giant returned to profit in its half-year to 30 September, mirroring the performance of its sector peer Landsec.
French luxury group Kering's top brand Gucci expects 2021 revenues to be in line or "a little higher" than their 2019, pre-pandemic level, the label's chief executive Marco Bizzarri said on Tuesday.
Walmart Inc on Tuesday raised its annual sales and profit forecast in anticipation of soaring demand during the crucial holiday season even as global supply chain woes hit its margins in the third quarter.
Add together the return of shoppers and workers to UK cities and a stronger-than-expected economic recovery from the pandemic and that amounts to a speedy return to profit for Landsec, the UK’s largest commercial property giant said Tuesday.
Nothing like being one of a kind in fashion, which sums up Emeric Tchatchoua, the Paris-born but Canadian-raised LVMH finalist whose brand 3.Paradis was named this week one of the 10 labels in Rimowa’s latest project.
Harry Styles has this week launched a beauty brand — called Pleasing — the label debuting with just a few products. For now it features vegan/clean beauty unisex nail products and skincare.
New York-based fragrance group Inter Parfums, Inc. (Interparfums) announced on Monday that it expects 2022 net sales to be up 16 percent, while diluted earnings will increase 20 percent.
Cosmetics group L'Occitane (owner among others of L'Occitane en Provence and Melvita) has recently acquired an 83% stake in beauty brand Sol de Janeiro, founded in 2015 in the USA.
Virgil Abloh has recently launched Off-White Kids, the designer’s first collection for girls and boys aged 4 to 12, featuring his label's signature codes with a fun colour palette and amusing graphics.
Despite the ‘common prosperity’ policy advocated by the Chinese government, the country’s Singles’ Day holiday set new records with soaring luxury goods purchases.
The New York-based company, which offers subscription boxes with apparel, footwear and accessories for kids, launched its IPO on Thursday, joining a rush of fashion-focused businesses that have gone public this year.
Following its IPO in August, the digital-first eyewear retailer has reported net revenue of $137.4 million for the third quarter, an increase of 32.0% compared to $104.1 million in the same period in the previous year.
