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Amazon Prime Day boosts US online sales to record $14.2 bln, Adobe says

by Lionel Rogers
Amazon Prime Day boosts US online sales to record .2 bln, Adobe says

By Reuters Published Jul 20, 2024 Shoppers spent a record $14.2 billion online across retailers in the United States during the 48-hour Amazon Prime Day event, according to a report …

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PLBY continues to narrow losses on cost-cutting, business reshuffle

by David Johnson
PLBY continues to narrow losses on cost-cutting, business reshuffle

PLBY Group said total revenue fell 20% to $28.3 million for the first quarter, hit by two licensees terminations in China and the Playboy e-commerce business no longer being operated by the …

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US online retail spending up 7% Jan-April, driven by demand for cheaper products, report says

by Lionel Rogers
US online retail spending up 7% Jan-April, driven by demand for cheaper products, report says

By Reuters Published May 9, 2024 ​Online retail sales in the U.S. rose about 7% from January to April this year, an Adobe Analytics report showed on Thursday, driven by …

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Coty beats Q3 revenue estimates, eyes high-end of annual targets on strong demand

by Lionel Rogers
Coty beats Q3 revenue estimates, eyes high-end of annual targets on strong demand

By Reuters API Published May 7, 2024 Beauty company Coty beat Wall Street expectations for third-quarter revenue on Monday and said it expects to achieve the high end of its …

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THG revenue growth returns in Q4 as beauty is strong

by Lionel Rogers
THG revenue growth returns in Q4 as beauty is strong

Beauty e-tail giant and e-commerce tech specialist THG had good news on Wednesday with its preliminary FY23 results containing some positive figures. THG But the firm’s shares still fell very …

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Next remains strong, more confident than ever as it targets UK and US growth

by Lionel Rogers
Next remains strong, more confident than ever as it targets UK and US growth

Next’s results for the year to 27 January on Thursday showed — as if we didn’t know — that the business remains one of the most successful and well-run in …

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Target sees sales recovery in 2024, unveils paid membership tier

by Lionel Rogers
Target sees sales recovery in 2024, unveils paid membership tier

Target on Tuesday reported higher holiday-quarter earnings on a smaller-than-expected sales decline and predicted that annual comparable sales would come in largely above Wall Street expectations, sending its shares up …

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Coupang has high hopes for Farfetch and transforming the luxury experience

by Lionel Rogers
Coupang has high hopes for Farfetch and transforming the luxury experience

Coupang, the South Korean e-commerce giant, reported its annual and Q4 results this week with sales and profits both rising. But importantly, it also made some key comments about its …

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Urban Outfitters reports record sales year of $5.15 billion

by Lionel Rogers
Urban Outfitters reports record sales year of .15 billion

Urban Outfitters Inc. announced on Wednesday net sales for the fiscal year ending January 31, 2024 increased 7.5% reaching a record $5.15 billion, on the back of substantial growth in comparable …

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Unilever’s underlying beauty growth continues, ‘premiumisation’ helps

by Lionel Rogers
Unilever’s underlying beauty growth continues, ‘premiumisation’ helps

Global FMCG giant Unilever has unveiled its result for FY23 and along with the figures said it’s implementing its growth action plan “at pace”.  Hourglass And there were clear signs …

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