Tag: Retail industry
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Deckers Brands stock sinks 15% after soft outlook raises concerns about Hoka, Ugg growth
Hoka shoes are seen in a store in Krakow, Poland on February 1, 2023. Jakub Porzycki | Nurphoto | Getty ImagesShares of footwear maker Deckers...
Tapestry shares plunge nearly 16% as Coach parent says tariffs will bite into profits
People walk past a Coach store on Madison Avenue in New York. Carlo Allegri | ReutersShares of Coach and Kate Spade parent Tapestry...
E.l.f. Beauty's profits fall 30% as China tariffs weigh on bottom line
E.l.f. Beauty's profits fell 30% in its fiscal first quarter as new tariffs on Chinese imports begin to affect the cosmetic company's bottom line.In...
Starbucks same-store sales fall again, but CEO Niccol says turnaround is ahead of schedule
Starbucks on Tuesday reported its sixth straight quarter of same-store sales declines as the company implements a turnaround strategy.CEO Brian Niccol said in a...
Nike says tariffs will cost it $1 billion before price increases, supply chain shifts
Nike on Thursday said it expects sales and profit declines to moderate ahead, after the sneaker giant took its biggest financial hit yet from...
