Brazilian cosmetics giants Natura &Co said on Thursday consolidated revenues for the third quarter recorded double-digit growth, prompting the company's overall net profit for the three months to double.
Ulta Beauty's shares jumped on Thursday after it announced a 7.8 percent increase in comparable sales for the third quarter of fiscal 2018, prompting the cosmetics chain to update its full year guidance.
Salvatore Ferragamo said its outlook for the year remained cautious after posting a 3.3 percent drop in nine-month sales, hit by currency swings and due to weakness in some divisions and geographic areas.
As Victoria’s Secret held its annual fashion show, its Columbus, Ohio-based parent company reported that the lingerie label’s sluggish performance continued to undermine otherwise strong sales growth in October.
Procter & Gamble Co on Thursday announced the creation of six business units for its largest geographic markets, its biggest organizational change in the last 20 years that will be effective from July next year.
The Colorado-based footwear company announced continued progress in sales and profits on Thursday, as the brand managed to achieve solid growth in the third quarter despite sales losses related to a reduced store count.
Sainsbury’s would challenge in the courts any unfavourable ruling by the regulator on its agreed takeover of rival Asda if it believed it was not backed up by published evidence, its boss said on Thursday.
Driven by flagship label Moschino and its multi-brand channel, the Italian fashion group has announced strong growth in the first nine months of the year, reporting double-figure increases in both revenue and profit.
Brooks Running will divide its European business into three commercial territories, naming Hamish Stewart, Bastian Huebschen and Coke Salvans as managers of the new North, Central and South European divisions.
Superdry may be under pressure at the moment from its unhappy co-founder, and it may have had a tough time in the summer, but its trading update on Thursday painted a picture of a company in reasonably good health.
Michael Kors may have seen its shares falling sharply after sales missed analysts’ forecasts, but the message from the company’s top team was (almost) all positive as it looked to a time when it will be an $8bn group.
Burberry was upbeat on Thursday morning as it reported half-year results saying that its “brand repositioning is under way, with strong initial response” and that it’s “energised by the early results.”