Genesco-owned UK footwear retailer Schuh has released its latest set of results and they were dominated by the tough retail market, with falling sales and profit turning to losses, even though online turnover rose.
Piper Jaffray has downgraded New York-based cosmetics company Estée Lauder from overweight to neutral, citing the changing beauty habits of teenagers, who are opting for more minimal makeup looks and one-stop products.
German consumer goods firm Beiersdorf reported a fall in sales of adhesives to the auto industry in the third quarter but new products boosted its skin care business which held up better than expected.
The 2020 European Green Capital wants to become a leading hub for sustainability in the South of Europe. ModaLisboa invited experts to talk about the industry’s progress and challenges in its latest edition.
Apple faces more regulatory woes in Europe as EU antitrust regulators ask online sales companies whether they have been told to use its mobile payment service instead of rival services, an EU document showed.
As the number of merchants using its platform surpassed 1 million worldwide, the Ottawa-based global e-commerce company saw its revenues soar up 45% in the third quarter, but surprised analysts with a net loss.