Amer Sports Raises 2025 Guidance on Strong Demand for Arc’teryx and Salomon Footwear Shares of the athletic apparel and equipment maker hit an all-time high on Tuesday. This surge in stock value comes as no surprise considering the recent announcement by Amer Sports to raise its 2025 guidance. The Finnish company, known for its high-performance […]
Coty Cuts Annual Profit Forecast
Coty Cuts Annual Profit Forecast: What’s Next for the Beauty Giant? Coty, the global beauty company known for its wide range of cosmetic and fragrance brands, recently announced a downward revision of its annual profit forecast. The news sent ripples through the market, with the company’s shares falling about 2 percent in extended trading. This […]
This Week: Is H&M’s Turnaround Working?
Is H&M’s Turnaround Gaining Momentum? H&M, one of the leading fast fashion retailers globally, has been on a mission to revamp its image and regain lost ground in the highly competitive retail industry. The company is set to release its first-quarter results this week, offering a glimpse into whether its turnaround efforts are proving successful. […]
Vans Parent VF Corp Swings to Profit, Beats Sales Estimates
Vans Parent VF Corp Swings to Profit, Beats Sales Estimates VF Corp, the parent company of popular brands like Vans, has recently made a significant comeback in the retail industry. After facing two consecutive quarterly losses, the company has managed to turn a profit and exceed second-quarter sales estimates. This impressive achievement has not only […]
Burberry Soars After Demand Pickup Lifts Hope of Luxury Comeback
Burberry Soars After Demand Pickup Lifts Hope of Luxury Comeback Burberry, the iconic luxury brand, has recently experienced a surge in its performance, sparking hope for a revival in the luxury retail sector. Despite the challenges posed by the global pandemic, Burberry managed to weather the storm with resilience, reporting a smaller-than-expected quarterly sales drop […]