Avon Products Inc AVP.N, the world's largest direct seller of cosmetics, posted a quarterly profit that missed Wall Street expectations due to a drop in North American sales, sending shares down nearly 22 percent.
French cosmetics group L'Oreal on Thursday cut its full-year sales forecast for the second time in three months, citing tougher trading conditions, and posted third-quarter sales that came below forecasts.
Under Armour Inc posted a higher-than-expected third-quarter profit on Tuesday, helped by strong sales, but the athletic apparel maker lowered its full-year outlook, citing the current economic environment. Net income rose to $25.
Namibia sold more than seven tonnes of ivory for 1.1 million dollars Tuesday, October 28th in the first legal auction of elephant tusks in nearly a decade -- exclusively for Chinese and Japanese buyers.
Italian eyewear maker Luxottica cut its earnings-per-share forecast after its third-quarter net profit fell, and its chief executive said a clearer picture on the future would emerge in two to four months.
Children's clothing retailer Carter's Inc raised its full-year growth outlook and said earnings may not fall as much as expected, citing continuing strong birth rates, sending its shares up as much as 16 percent.
Shares in Switzerland's Richemont surged on Tuesday, October 21st as markets welcomed the group's first trading day as a pure luxury play following the spin off of its stake in British American Tobacco.