Shares in the company fell the most on record after its marketing outlay for the World Cup resulted in lower-than-expected quarterly profit.
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Adidas Shares Plunge After World Cup Spend Dents Profit
Ralph Lauren Shares Jump 10% as Strong China Sales Drive Growth
Ralph Lauren shares surged about 10 percent in morning trading on Thursday after the high-end apparel brand beat quarterly revenue estimates, buoyed by strong sales […]
Can Beauty’s Giants Turn AI Hype Into Sales?
As L’Oréal announces an AI-assisted product development partnership with Nvidia, beauty conglomerates are struggling to quantify the technology’s return on investment. Source link
Can Latin American Fashion Brands Crack Europe?
The Salamanca district of Madrid stands as the city’s main luxury enclave and one of Europe’s most concentrated retail hubs. Besides flagship stores for Prada, […]