Hit – Page 4 – Beautifaire

7 Apr

Levi Strauss Shares Hit by Gross Margin Declines, Wholesale Weakness

As Wall Street anxious over signs of somewhat fading at Levi Strauss & Co., chief executive officer Chip Bergh told WWD that the denim leader continues to be very much in its groove. Shares of Levi’s fell 16 percent to $15.14 after the corporate turned in first-quarter earnings that topped expectations, but were accompanied by gross margin declines, still-heavy inventories and weakness at wholesale. “The market’s going to do what the market’s going to do,” Bergh said. “We’re going to at all times run this business for the long term.” Like many of the fashion industry, Levi’s loaded up on inventory early last 12 months when the patron was stronger and the provision chain was slower. Bergh said the concept was: “Stonewashed 501s don’t...

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27 Jan

H&M Q4 Operating Profit Hit By Russia Exit, One-Time Cost

by Beauty Tips

Fashion, Featured

H&M Q4 Operating Profit Hit By Russia Exit, One-Time Cost

PARIS – H&M Group’s Russia exit and one-time costs caused the retailer’s profits to plunge within the three months to Nov. 30. Within the fourth quarter of its most up-to-date fiscal 12 months, H&M’s operating profit totaled 821 million Swedish kronor, or $79.7 million, versus 6.26 billion kronor in the identical prior-year period, representing an 86.9 percent decrease. “The lower profit within the fourth quarter compared with the identical quarter within the previous 12 months is principally explained by the negative external aspects, lack of the operating profit previously contributed by Russia and the one-time cost of the associated fee and efficiency program,” the Swedish fast-fashion retailer said on Friday. The group in September unveiled a cost-cutting program through which it hoped...

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2 Jan

Celebs Hit The Polls For Election Day 2022 –

by Beauty Tips

What's The Tea, Featured

Celebs Hit The Polls For Election Day 2022 –

Former first lady Michelle Obama and former U.S. President Barack Obama arrive to forged their vote at an early voting venue on October 17, 2022 in Chicago, Illinois. Obama intends to campaign for Democrats in Georgia, Michigan, and Wisconsin ahead of the high-stakes Nov. 8 election. (Photo by Jim Vondruska/Getty Images) It’s officiallyElection Day, and lots of of your favorite celebrities went out to exercise their right to vote. In truth, a few of them took full advantage of early voting and forged their ballots leading as much as November 8. The 2022 midterms are extremely necessary, especially for people of color. These elections – which also include races at state and native levels – will determine who controls the House and...

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1 Jan

How culture has modified since Christina Aguilera’s 2002 hit

by Beauty Tips

Beauty, Featured

How culture has modified since Christina Aguilera’s 2002 hit

To mark its twentieth anniversary, the singer has updated her ‘Beautiful’ music video – here, we speak to the director to learn the way much, and the way little, beauty expectations have shifted Christina Aguilera’s “Beautiful” is an iconic music video. Released in 2002, the song was the second single from her image-shifting album Stripped, a raw soulful ballad which followed the attention-grabbing first single “Dirty”. With lyrics centred around insecurity, self-esteem and inner beauty, the video shone a highlight on the people affected by society’s strict beauty standards, and people outside of and rejected by the mainstream. Touching on themes from eating disorders and body image to sexuality, the video won a GLAAD Media...

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