Sees – Page 2 – Beautifaire

28 May

Rather a lot more beauty, more “dressed” up casual apparel and more gifts and pets. Those are a few of the key components of Kohl’s Corp.’s turnaround strategy, which to this point is showing some progress in stabilizing the business because the retailer reported that its bottom line stayed flat for the primary quarter while sales volume continued to slip. Net income for the quarter ended April 29 was $14 million, or $0.13 per share. That in comparison with net income of $14 million, or $0.11 per share within the prior 12 months. Net sales decreased 3.3 percent to $3.36 billion, from $3.47 billion. Comparable sales decreased 4.3 percent. “Our first-quarter results were in keeping with our expectations and represented a primary step as we...

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28 Apr

Ralph Celebrates in Miami, Federer Sees Eye to Eye,

by Beauty Tips

Fashion, Featured

CELEBRATING IN MIAMI: Ralph Lauren toasted its latest Miami Design District concept store with a cocktail party at a non-public waterfront residence in North Miami on Wednesday night. The brand brought its luxury “coastal living” aesthetic to the estate, outfitting poolside wicker lounge chairs with “RL” embroidered pillows and towels from Ralph Lauren Home. Guests included Melissa Barrera, Joan Smalls, Lily Aldridge, Noah Beck, Diana Silvers, Claire Holt and Camila Coelho. The evening also featured a performance by “Within the Heights” star Leslie Grace. The Design District store, which opened several weeks ago, offers the lads’s Purple Label and ladies’s Collection, together with handbags and accessories exclusive to the Design District. In a nod to Miami’s status because the “crypto capital,”...

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5 Apr

Design Holding Sees 1B Euros in Sales; No IPO Plans

by Beauty Tips

Fashion, Featured

MILAN — Italy’s leading high-end design, furniture and lighting company Design Holding said Wednesday that it closed 2022 with a surge in sales and expects to achieve the 1 billion euro mark in only a number of years. Founded in November 2018, Design Holding comprises leading brands B&B Italia, Flos, Menu, By Lassen, Lumens, Louis Poulsen, Arclinea, Maxalto, Azucena and produces Fendi Casa through a three way partnership with the Roman fashion house. It has a presence in greater than 130 countries. Within the 12 months ended Dec. 31, pro-forma revenues rose 15.7 percent to 867.6 million euros, compared with 2021, boosted by business within the U.S. and Asia Pacific, in addition to its high-end contract business. The figures take into the account its 2022...

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25 Jan

Levi Strauss Tops Q4 Estimates, Sees Slower Growth for 2023

by Beauty Tips

Fashion, Featured

Chip Bergh isn’t quite able to make his last lap at Levi Strauss & Co. — however the chief executive officer, who’s preparing at hand the reins over to Michelle Gass, is actually seeking to finish strong. The corporate on Wednesday topped estimates in what was a tougher fourth-quarter and continued to realize in what turned out to be a decidedly mixed yr for the style industry. For the fiscal yr ended Nov. 27, Levi’s tallied net income of $569 million and adjusted earnings per share of $1.50 on $6.2 billion in sales, a gain of seven percent on a reported basis and a 12 percent increase in constant currencies. “We’re really completely happy with the yr,” Bergh told WWD. “It was a yr...

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