Articles by Prachi Singh
Growth across core geographies boosts Richemont's sales and profit
20 May 2022 - Business
Compared to the prior year, sales at Richemont grew by 46 percent at actual exchange rates and by 44 percent at constant exchange rates to 19,181 million euros.
Deckers Brands president of performance lifestyle steps down
20 May 2022 - Business
Deckers Brands has announced that Wendy Yang is stepping down from her role as president of performance lifestyle.
VF's Q4 sales increase 9 percent, earning jump
20 May 2022 - Business
VF’s fourth quarter revenue of 2.8 billion dollars, rose 9 percent or 12 percent in constant dollars. Earnings per share of 21 cents, increased 32 percent.
Ross Stores Q1 sales and earnings decline
20 May 2022 - Business
Ross Stores Q1 earnings per share declined to 97 cents on net earnings of 338 million dollars, while comparable store sales declined 7 percent.
Deckers Brands reports increase in Q4 net sales and earnings
20 May 2022 - Business
Deckers Brands reported Q4 net sales increase of 31.2 percent to 736 million dollars. On a constant currency basis, net sales increased 31.7 percent.
Cato Fashions sales and earnings decline in Q1
19 May 2022 - Business
The Cato Corporation reported Q1 net income of 9.7 million dollars or 46 cents per diluted share compared to 20.7 million dollars or 92 cents last year.
Kohl’s Q1 sales drop by 5.2 percent
19 May 2022 - Business
First quarter net sales and comparable sales at Kohl’s Corporation decreased 5.2 percent to 3,715 million dollars.
Calida Group acquires premium lingerie brand Cosabella for 80 million dollars
19 May 2022 - Business
The Calida Group has acquired American premium lingerie and loungewear brand Cosabella for a total package of 80 million dollars.
Bath & Body Works lowers earnings outlook
19 May 2022 - Business
Bath & Body Works Bath & Body Works, Inc. reported net sales of 1.450 billion dollars for the first quarter ended April 30, 2022, a decrease of 1 percent.
Under Armour CEO Patrik Frisk to step down in June
19 May 2022 - Business
Under Armour, Inc. has announced that Patrik Frisk will step down as president and CEO and as a member of the board, effective June 1, 2022.