L’Oreal sales slightly miss in fourth quarter as China weakness persists
French cosmetics giant L'Oreal reported lower-than-expected sales in the fourth quarter due to weak demand in China and the U.S. ...
Tag: Retail industry
Here's what Trump’s tariff threats look like on the ground in China
President Donald Trump is set to impose tariffs on imports from China, despite reports of possible delays in some duties ...
Shares of fashion giant H&M drop as fourth-quarter sales miss estimates
Shares of H&M dropped after the retailer missed sales forecasts in the fourth quarter, with sales coming in below expectations ...
British retail faces a reckoning as 232-year-old chain looks to sell its high street stores
British retailer WH Smith is considering selling its historic high street business to concentrate on its travel store unit, with ...
Burberry shares jump 16% after better-than-expected quarterly sales
Shares of Burberry surged 16% after reporting a smaller-than-expected sales decline in the fiscal third quarter under CEO Joshua Schulman. ...
Shares of Cartier owner Richemont jump 17% as sales rise 10% in December quarter
Shares of Cartier owner Richemont surged 17.15% after reporting a 10% increase in fiscal third-quarter sales, reaching 6.2 billion euros, ...
These restaurant chains closed locations in 2024
In 2024, the restaurant industry faced a challenging year with closures of underperforming locations as chains sought to improve sales. ...
Alibaba rises 3% in premarket after profit beat, despite miss on sales
Chinese e-commerce giant Alibaba exceeded profit expectations in the September quarter with a 58% increase in net income to 43.9 ...
Embattled fashion house Burberry reveals massive overhaul sending shares to an all-time high
Burberry plans to revive its brand and increase sales by emphasizing heritage designs and statement pieces in a strategic overhaul ...
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