Perfect Moment said preliminary full-year revenue is expected to decline 12% to $21.4 million, despite a 2.6% increase in revenue in the fourth quarter. Perfect Moment reports preliminary FY25 loss – Perfect Moment Excluding Hugo Boss collaboration revenue, which concluded in fiscal 2024, annual revenue rose approximately 1% year-over-year. The revenue decline was partly attributed to…
By Reuters Published June 5, 2025 Lululemon Athletica cut annual profit expectations and forecast second-quarter revenue below estimates on Thursday, as consumer demand waned amid increased competition and a gradual economic slowdown triggered by uncertainty over the Trump administration’s trade policy. Lululemon Shares of the sportswear maker fell 21% in after-market trading. Although Lululemon has…
Richemont — the owner of Chloé, Alaïa, Dunhill, Cartier and more — revealed its full-year figures on Friday saying the 12 months to the end of March saw a “robust” performance. But while there was good news, there were also some negative figures in the report. See catwalkChloe – Spring-Summer2025 – Womenswear – France –…
Lanvin Group’s full-year results came out on Wednesday following the earlier release of its revenue figures and the company said its profits dropped on the back of its overall sales fall. Lanvin Total company revenue (reported back in February) had dropped by 23% to €328.6 million. Lanvin revenue was down 26% at €82.7 million with…
It may surprise some to learn that New York is the most forgetful city when it comes to ride shares. So says Uber, which has released its ninth annual Lost & Found Index — a hilarious, surprising and occasionally gross list of stuff riders left behind in cars last year. (Miami, Chicago, Los Angeles and…
By Reuters Published April 10, 2025 Walmart on Wednesday reaffirmed its confidence in its everyday low price strategy, maintaining full-year forecasts for sales and income growth while pledging to keep prices low despite concerns about rising prices due to U.S. President Donald Trump’s tariffs. Archivo The company’s shares, which were down nearly 9% since Trump…
