Italy’s luxury shoemaker Salvatore Ferragamo saw a return to growth in the first quarter of 2019, after revenues and net profit increased on the back of retail and wholesale revenues, and surging sales growth in China.
Fossil Group said on Wednesday that its first-quarter results surpassed expectations for the three months ended March 31, as the U.S. company narrowed earnings losses, despite seeing a dip in total sales on last year.
Two regular reports on Tuesday highlighted the weakness of UK consumer spending at present but also how tough it is to judge overall consumer sentiment given tricky comparisons with a year ago and the impact of Easter.
The long-established watch-maker owned by Richemont has been struggling for some years, and has again changed its CEO, appointing David Chaumet to succeed Geoffroy Lefebvre, in charge for less than a year.
The Philadelphia-based fashion and lifestyle group reported record quarterly earnings per share of $0.80 on Tuesday, beating out Wall Street estimates to finish the year with progress across its brand portfolio.
The Victoria’s Secret parent company reported dips in Q4 and full-year 2018 earnings on Wednesday and announced a disappointing outlook for 2019, leading shares in the company to tumble more than 8% in extended trading.
Avon Products Inc on Thursday reported lower-than-expected total revenue, as it had fewer sales representatives to sell its products and was hurt by dwindling demand for its cosmetics in Latin America.