Chanel expects to be riding high again this year after a tough 2020, with sales forecast to rise in double-digits. That’s according to the company’s CFO on Tuesday after it released its pandemic-hit 2020 figures.
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599 published items with the word (s) or phrase Total in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
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![]( "Chanel endures tough 2020 but recovery is on track")
Chanel endures tough 2020 but recovery is on track -
![]( "Urban Outfitters reports record Q1 sales of $927 million")
Urban Outfitters reports record Q1 sales of $927 millionThe American lifestyle retailer achieved a “record” $927.4 million in total net sales in the first quarter ended April 30, 2021, representing increases of 57.6% from the prior-year period, and 7.3% from two years ago.
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![]( "Richemont profits surge despite sales dip, fashion labels get online boost")
Richemont profits surge despite sales dip, fashion labels get online boostThe trading environment may have been volatile but luxury giant Richemont still managed to see net profit rising almost 40% in the financial year to the end of March, beating forecasts by a wide margin.
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![]( "Next CEO Wolfson replaces founder as Reiss chair - report")
Next CEO Wolfson replaces founder as Reiss chair - reportNext CEO Simon Wolfson is also to become chairman of premium fashion retailer Reiss, taking over from founder David Reiss, a newspaper said on Thursday.
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![]( "Pent-up demand, stimulus power Walmart's 'optimism' for the year")
Pent-up demand, stimulus power Walmart's 'optimism' for the yearWalmart Inc on Tuesday raised its full-year earnings forecast after shoppers armed with government stimulus checks ventured back into stores, driving demand that is expected to continue through the year.
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![]( "Revolve profits skyrocket with return of social outings")
Revolve profits skyrocket with return of social outingsThe Los Angeles-based online fashion retailer achieved record income of $22.3 million in the first quarter, representing an increase of 435% compared to $4.2 million in the prior-year period.
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![]( "URW cautiously upbeat as reopenings look good so far")
URW cautiously upbeat as reopenings look good so farMalls giant Unibail-Rodamco-Westfield has delivered a Q1 update that showed turnover still "strongly impacted by ongoing Covid-19 restrictions”. But reopenings so far suggest plenty of pent-up demand.
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![]( "Lululemon revenues rise 24% as direct sales continue to soar")
Lululemon revenues rise 24% as direct sales continue to soarThe Vancouver-based athletic apparel company announced Q4 revenues of $1.7 billion on Tuesday, up 24% compared to $1.4 billion in the prior-year period as direct-to-consumer sales almost doubled.
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![]( "Next buys 25% stake in Reiss, has option for majority buy")
Next buys 25% stake in Reiss, has option for majority buyIn a surprise move, one of the UK's most successful fashion retail giants, Next, said it would be buying a minority stake in one of the most respected mid-sized names, Reiss. And it could take a majority stake as well.
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![]( "Dillard’s ends year with net loss")
Dillard’s ends year with net lossFor the year ended January 30, 2021, Dillard’s said net sales fell to $4.301 billion from $6.204 billion in the prior year.