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Tiffany's sales, profit beat on higher tourist spending in Europe

2015-05-27 20:40:43| Jewelry - Topix.net

Luxury jeweler Tiffany & Co reported better-than- expected quarterly sales and profit as it benefited from higher spending by tourists in Europe and growing demand for its Tiffany T line of fashion jewelry. A clock is placed in front of a store of U.S. jeweller Tiffany at the Bahnhofstrasse shopping street in Zurich in this file photo from December 23, 2013.

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Movado's profit misses estimates, but sales beat

2015-05-27 17:38:12| Jewelry - Topix.net

Movado Group Inc. said its profit halved in the first quarter, as the luxury watchmaker was hurt by slowing growth in the watch industry and the stronger dollar. Watchmakers have been pressured by a lackluster economy in Europe and slowing sales in Asia, which had been a source of strength.

Tags: sales profit beat estimates

 
 

Michael Kors' profit, sales outlook disappoints

2015-05-27 15:11:24| Apparel - Topix.net

Michael Kors Holdings Ltd. said its earnings grew 13% in its latest quarter, helped by new store openings and a lower tax rate, but the retailer warned that current-quarter results would fall short of expectations. Chief Executive John Idol said the company faced a number of headwinds in the period, including a stronger dollar, which is expected to persist.

Tags: sales michael profit outlook

 

Brown Shoe posts Q1 profit increase

2015-05-27 14:33:38| Footwear - Topix.net

Brown Shoe Co. reported first-quarter net earnings of $19.3 million, up 24.8 percent from last year's quarter on higher sales and strong margins.

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Better Pricing, Product Mix Boosts Ahlstroms Profit

2015-05-27 07:00:00| Nonwovens Industry Breaking News

Tags: product mix profit pricing

 

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