Adidas has taken an impairment charge on its struggling Reebok brand, but said the retrospective accounting move would have no impact on its 2018 results as it reported a better-than-expected second quarter.
The fashion house's efforts to revamp stores as well as its high-end shoe brand Jimmy Choo paid off as the company topped Wall Street’s quarterly profit estimates on Wednesday and raised its full-year earnings forecast.
Snap Inc on Tuesday received a vote of confidence from a billionaire investor and reported record revenue from outside North America, factors that helped soften the blow of its first-ever drop in daily users.
Europe's biggest pure online fashion retailer trimmed its sales and profit outlook for the full year after quarterly results fell short of analyst expectations even though it reported a record number of customers.
Online retail giant Amazon.com Inc , whose entry into Australia last year rattled established bricks-and-mortar retailers, posted a modest loss in its earliest days in the country, corporate filings show.
Desigual CEO Thomas Meyer has acquired a 10% stake in the Spanish fashion brand, which was purchased by the Eurazeo investment firm in 2014. Meyer now becomes the sole shareholder of the Barcelona-based label.