Kevin Durant effect? Rockets’ season-ticket base grows by 25 percent
The Rockets are becoming an increasingly lucrative team, and the 25-percent increase in Houston’s season-ticket base is the latest evidence of that. Entering the 2024-25 NBA season, the Houston Rockets…
Net Sales Increased 9.3 Percent to $2.8 Billion
Boosted by its acquisition of British beauty retailer Space NK and shrugging off the end of its partnership with Target Corp., Ulta Beauty beat Wall Street forecasts on both the…
Authentic Brands to Acquire Controlling 51 Percent Stake in Guess
Never count Jamie Salter out. The founder and chief executive officer of Authentic Brands Group swooped in and snatched the controlling interest in Guess from its rival WHP Global, which…
New Sales Fell 12 Percent
The Estée Lauder Cos. saw net sales slide 12 percent in its fourth quarter and the company expects tariff-related headwinds to impact fiscal 2026 profitability by about $100 million. For…
Pandora Revenues Climb 8 Percent In Q2
Despite tough macro headwinds, Pandora posted 8 percent revenue growth in the second quarter, with like-for-like sales up 3 percent and an additional 5 percent boost from network expansion. During…
Revenues up 7.3 percent, Guidance raised
BERLIN– German online retailing giant Zalando continued to grow in the second quarter, with group revenues rising 7.3 percent to 2.83 billion euros over the three-month period. The second-quarter growth…
Adidas Q2 Earnings 2025: Sales Increase 12 Percent
BERLIN – German sportswear giant Adidas continued its successful run in 2025, posting net sales of 5.95 billion euros in the second quarter and growth of 12 percent on a…
Hermès Reports 9 Percent Q2 Sales Growth, Defies Luxury Slowdown
PARIS – Hermès International continued to demonstrate its resilience and strong brand equity, with sales up 9 percent in the second quarter at constant exchange rates, slightly exceeding analysts’ expectations…
Laura Weir’s Inaugural London Fashion Week Roster Leaps 18 Percent
LONDON — The first London Fashion Week under the leadership of Laura Weir will have 18 percent more designers showing on schedule, the British Fashion Council said Friday as it…