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Fashion Jobs
SHISEIDO
Bareminerals Account Manager - Boots, Edinburgh Gyle (30 Hours)
Permanent · Edinburgh
SHISEIDO
Laura Mercier Account Manager - Harvey Nichols Manchester (37.5 Hours)
Permanent · Stretford
SHISEIDO
Bareminerals - Account Manager (30 Hours)
Permanent · Edinburgh
V. F. CORPORATION
Manager, Strategic Accounts - Dickies Emea
Permanent · LONDON
VANS
Credit Controller - Spanish Speaking - Vans
Permanent · CALVERTON
VF INTERNATIONAL
Multilingual Credit Controller - Key Accounts (English Plus Any European Language)
Permanent · CALVERTON
ESTÉE LAUDER
Clinique - Consultant - John Lewis, Location - 15Hours / 3 Days - Part-Time, Permanent
Permanent · Exeter
ESTÉE LAUDER
Clinique - Consultant - Sutton Coldfield, Beatties - 15 Hours - Part-Time, Permanent
Permanent · The Royal Town of Sutton Coldfield
ESTÉE LAUDER
Clinique - Consultant - Leicester, Boots - Fosse Park - 15 Hours - Part-Time, Permanent
Permanent · Leicester
YVES SAINT LAURENT UK LIMITED
Saint Laurent HR Manager UK, Ireland & Netherlands
Permanent · LONDON
SHISEIDO
Bareminerals Account Manager - Hof Bluewater (35 Hours)
Permanent · Dartford
SHISEIDO
Laura Mercier Account Manager - Harvey Nichols, Edinburgh
Permanent · Edinburgh
ESTÉE LAUDER
Origins - Online Trading Manager - Brand Site
Permanent · London
ESTÉE LAUDER
Multi Brand - Multi Brand Business Manager - House of Fraser, Rushden Lakes - 37.5 Hours - Full-Time - Permanent
Permanent · Rushden
ESTÉE LAUDER
Clinique - Consultant - Fenwick, Newcastle - 36 Hours - Full Time - Permanent
Permanent · Newcastle upon Tyne
ESTÉE LAUDER
Clinique - Consultant - Leeds, Trinity - Boots - 26 Hours - Part-Time, Permanent
Permanent · Leeds
ESTÉE LAUDER
Clinique - Consultant - Halifax, Harveys - 15 Hours - Part-Time, Permanent
Permanent · Halifax
ESTÉE LAUDER
Aveda - Account Manager - House of Fraser-White City, London - 30 Hours - Full Time, Permanent
Permanent · London
FOREO
E-Key Account Manager
Permanent · London
FOREO
Marketing Manager
Permanent · London
VF INTERNATIONAL
Warehouse Trainer And Instructor
Permanent · COALVILLE
OUTSIDE THE BOX RECRUITMENT
Account Manager Kidswear
Permanent · LONDON
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By
Reuters
Published
Aug 19, 2021
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Coach owner Tapestry forecasts higher revenue, profit as luxury demand returns

By
Reuters
Published
Aug 19, 2021

Coach and Kate Spade owner Tapestry Inc forecast annual revenue and profit above estimates after posting better-than-expected results on Thursday, expecting vaccine-aided reopening of economies to boost demand for designer apparel and bags.


Coach



Resumption of social events and growing vaccination rates are expected to aid sales of handbags, shoes and clothes this year, bolstering the rebound seen in demand for luxury goods.

Other high-end labels including Ralph Lauren Corp, Michael Kors-owner Capri Holdings Ltd, LVMH and Gucci parent Kering have also posted strong results in recent weeks.

Increasing freight costs due to port congestions and global supply chain disruptions, however, have pressurised industries across sectors, including luxury companies.

“Today, we find ourselves in a dynamic where the consumer demand backdrop is strong, while supply chain remains challenging. So I want to emphasise the underlying strength ... of our business and separate that from the uncertainty in the macro environment,” Chief Financial Officer Scott Roe said in a post-earnings call.

Tapestry forecast full-year revenue of about $6.4 billion, edging past market estimates of $6.08 billion.

It also expects annual profit per share in the range of $3.30 to $3.35, higher than analysts’ average estimate of $3.19 per share.

The luxury brand said it plans to return more than $750 million to shareholders in fiscal year 2022 by reinstating its dividend and share buyback program.

Net sales rose 126% to $1.62 billion in the fourth quarter ending July 3, topping analysts’ average estimate of $1.56 billion, according to IBES data from Refinitiv.

Excluding one-off items, the company reported a profit of 74 cents per share, compared with analysts’ expectations of a profit of 69 cents per share.

The New York fashion house’s shares, which have risen about 33% so far this year, fell 1.4% in morning trade amid a broader market decline.

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