Urban Outfitters Inc announced the departure of Andrew Carnie, Anthropologie's president of home, garden and international, and the promotion of Hillary Super to the role of the brand's global president on Tuesday.
Shares in Twitter jumped 13 percent on Tuesday after the social media company reported quarterly revenue above analyst estimates, which executives said was the result of weeding out spam and targeting ads better.
The American footwear and outdoor apparel company reported solid improvements in sales for the first quarter of 2019 on Tuesday, with progress seen across the group’s distribution channels, but especially in retail.
Democrats and Republicans on the U.S. House Energy and Commerce Committee on Tuesday raised concerns about reports of a Google database containing consumer location information on hundreds of millions of devices.
The luxury menswear label closed 2018 with net income of €34 million (+4%) and is forecasting further growth in 2019, after acquiring a stake in Thom Browne and striking e-tail partnerships with Farfetch and Tmall.
In 2018, the Danish footwear brand reached a record revenue of €1.31 billion, and the best net profit figure in its history, at €201 million, buoyed by a 10% rise in retail sales and a 36% leap in online sales.
The global appeal of the Dazed brand was underlined on Tuesday with news that it is to launch in China. Dazed Media has signed an agreement with Yoho Group, China's “largest streetwear platform” to launch Dazed China.
Higher prices and greater demand for beauty products helped Procter & Gamble Co’s exceed analyst estimates for quarterly revenue and profit on Tuesday, even as grooming product sales were hurt by a stronger U.S. dollar.