Fast Retailing Expected to Post 14% Jump in Q2 Profit as Tariffs Loom
The operator of Uniqlo, Japan’s Fast Retailing, is expected to post another quarter of strong earnings on Thursday, but the focus will be on how the global clothing chain navigates a trade environment thrown into disarray by new US tariffs. Fast Retailing is expected to post a 14 percent rise
Cucinelli Sees Operating Profit Increase 13% in 2024, Confirms Guidance
Italian luxury group Brunello Cucinelli on Thursday said its operating profit had risen 12.9 percent last year and confirmed expectations for sales growth of around 10 percent in 2025 and 2026. Earning before interest and taxes came in at €212 million ($230.40 million), slightly below an analysts’ forecast of €214
Shein Profit Dropped Last Year, Further Challenging IPO, FT Says
Fast-fashion retailer Shein’s profit slumped by almost 40 percent last year, putting further pressure on a potential initial public offering in the UK, the Financial Times reported, citing people it didn’t identify. Net income fell to $1 billion even as sales jumped 19 percent to $38 billion, according to the
Profit over privacy? Google gives advertisers more personal info in major ‘fingerprinting’ U-turn
Google has reversed its policy on ‘fingerprinting’ ‘Fingerprinting’ is a technique used to collect personal user data Users have very little say over what information is given to advertisers Do you sometimes wish that online advertisers had access to more of your private information without your consent or knowledge? Well,
