Birkenstock’s Not Worried About Tariffs—Here’s Why

While other brands may be scrambling to figure out how to deal with tariffs, Birkenstock Holding plc has little to worry about on that front. “Birkenstock is less exposed to…

Asics Corporation Q1 2025 Earnings: Sportstyle Sneakers Drive Sales

Asics Corp. is starting off fiscal 2025 touting its success in growing in both performance running and sportstyle categories across the world. According to the Japanese sportswear company, net sales…

Burberry Fiscal Year 2025 Earnings: Sales, Profits Decline

LONDON – Burberry posted an operating loss of 3 million pounds and a 17 percent drop in revenue in a challenging year of macroeconomic headwinds, a slowdown in luxury demand…

Under Armour Continues to Struggle, But Makes Progress on Restructuring Plan

Under Armour’s reset has yet to take root but things are headed in the right direction. One year after beginning a company-wide restructuring, the Baltimore-based sports brand reported fourth quarter…

It made a $71.1 million loss on divestiture of SKKN

Coty made a $71.1 million loss on the divestiture of Skkn, Kim Kardashian’s beauty business, the company said in its third-quarter earnings. Coty, the beauty company behind the likes of Cover…

Forecasts 9 Percent Drop in Sales in 2025

After scrapping its previous full year forecast, The Estée Lauder Cos. now expects sales to drop by as much as 9 percent in 2025, but sees a return to growth…

Oddity Q1 2025 Earnings: It Raises Full-year Forecast

Oddity, the parent company of Il Makiage and SpoiledChild, raised its full-year forecast as it shrugged off concerns over the economic backdrop. It now expects net revenue between $235 million…

Adidas Q1 Earnings 2025: Revenues Up 12.7 Percent

Despite market uncertainty and global tariff turmoil, Adidas managed to rack up organic growth of 12.7 percent in the first quarter to 6.15 billion euros. “Double-digit growth across all markets…

Hermes (RMS.PA) Q1 Earnings 2025:

PARIS – Amid the luxury slowdown, Hermès International showed continued strength with sales in the first quarter up 7 percent at constant exchange rates to 4.13 billion euros. The numbers…