Bulgari expects sales and key profit measures to rise between 8 and 10 percent this year, narrowing a previous forecast as tough economic conditions bite, the chief executive of the Italian jeweller told Reuters.
Dutch food products and cosmetics giant Unilever reported on Thursday, July 31st a 19 percent slump in net second-quarter profit on restructuring charges, but a rise in sales beyond analysts' forecasts.
Athletic-shoes maker K-Swiss Inc reported a more than three-fold rise in quarterly profit, helped by a gain from the settlement of a lawsuit, but said it could post a loss in the third quarter and forecast weak sales for the period.
Outerwear maker Columbia Sportswear Co reported a surprising quarterly net loss after a year-ago profit, as U.S. and European retailers canceled orders of the company's namesake brand in the weakening economy, and its shares fell 12 percent.
French retailer PPR posted better-than-expected second-quarter revenues, helped by sparkling sales at its luxury arm Gucci, but some of its retail units were, as forecast, hurt by sluggish consumer spending.
French luxury group Hermes International on Tuesday posted a 12.8 percent rise in first-half sales, pulled by strong demand for its trademark silks, handbags and perfumes. The 171-year-old company generated revenues of 813.2 million euros.