Moody’s Downgrades Shiseido’s Financial Outlook Citing Weak Demand In a move that has sent ripples through the beauty industry, Moody’s, the renowned credit ratings agency, has downgraded Shiseido’s financial outlook. The downgrade from a more favorable “A” rating to Baa1 comes as a significant blow to the Japanese cosmetics giant. The agency cited weak demand […]
Steven Madden Still Can’t Provide Outlook, Blames Tariffs
Steven Madden Still Can’t Provide Outlook, Blames Tariffs Steven Madden Inc., a well-known footwear and accessories company, recently faced a setback that shook the confidence of investors. Shares of the company tumbled after it made the unexpected announcement that it would not be able to provide a financial outlook for the remainder of the year. […]
Macy’s Cuts Annual Profit Forecast Amid Tariff Uncertainty
Macy’s Cuts Annual Profit Forecast Amid Tariff Uncertainty Macy’s, the renowned American department store chain, recently made headlines by lowering its annual profit forecast. The reason behind this unexpected move? Tariff-related uncertainty and a sense of caution prevailing among consumers. This decision comes on the heels of Macy’s success in surpassing first-quarter net revenue estimates, […]
Il Makiage Parent Raises Full-Year Outlook
Il Makiage Parent Raises Full-Year Outlook The parent company of the popular cosmetics brand Il Makiage, Oddity, has recently made waves in the business world by announcing an optimistic update to its full-year outlook. The company now anticipates that its revenue for the year will fall between $790 million and $798 million, a significant increase […]