The Oakland, California-based cosmetics company announced on Wednesday that its net sales rose 10% year over year in Q3, marking the group’s eighth consecutive quarter of revenue growth.
E-commerce firm Ebay on Wednesday topped expectations for holiday-quarter revenue and current-quarter sales estimates, as more homebound buyers flocked to its platform for shopping during the Covid-19 pandemic.
JD Sports said Wednesday it plans to sell about 6% of its shares to build a warchest as the biggest sportswear retailer in the UK seeks further acquisitions. Its current market capitalisation is around £7.95 billion
Capri beat holiday-quarter profit estimates on Wednesday as the luxury fashion house boosted its margins by selling more products at full price and cutting manufacturing costs, sending its shares up nearly 7%.
UK-listed consumer goods giant Unilever is planning to sell off $600 million worth of non-core beauty brands in Europe and the US, people familiar with the matter have told Bloomberg.
Jigsaw’s parent company Robinson Webster filed its accounts for the year to February 2020 this week and it also gave some insight into how the business has fared post-period-end.
As part of its commitments, the company said it will double the number of Black-owned brands in its assortment by the end of 2021
Baby and beauty products company The Honest Company is quietly preparing to go public.
Amazon on Tuesday said founder Jeff Bezos would step down as CEO and become executive chairman, as the company reported a third consecutive record profit and quarterly sales above $100 billion for the first time.
Alphabet Inc on Tuesday beat fourth-quarter sales expectations as advertising customers unleashed budgets for the holidays, and the Google owner disclosed for the first time that its Cloud unit is losing $5.
China's Alibaba Group Holding Ltd beat Wall Street estimates for third-quarter revenue on Tuesday, as its e-commerce business benefited from a switch to online shopping triggered by the COVID-19 pandemic.
Sales at fashion group Tod’s fell by almost a third in 2020 after its revenues in the fourth quarter of the year were hit hard by the resurgence of the COVID epidemic in Europe and the United States.
The sale of four Arcadia brands to ASOS on Monday was no surprise. But what was a surprise was that no mention whatsoever was made of the future of store jobs at the Topshop, Topman, Miss Selfridge and HIIT businesses.
Fast Retailing announced another same-store sales increase for its Japanese Uniqlo operation on Tuesday with comparable sales (including online) rising 2% year-on-year. Meanwhile, total sales rose 1.8%.
Hudson's Bay Company is permanently laying off workers across Canada, as it attempts to keep up with ongoing disruptions caused by the Covid-19 pandemic.
