
Skechers USA Inc first-quarter profit sailed past Wall Street expectations as the shoe maker ramped up advertising to spur sales growth.
Skechers USA Inc first-quarter profit sailed past Wall Street expectations as the shoe maker ramped up advertising to spur sales growth.
Cosmetics maker Revlon Inc posted a lower first-quarter profit, weighed down by one-time charges. The company posted a net profit of $2.2 million, or 4 cents a share compared with $12.7 million, or 25 cents a share, a year ago.
British chemicals firm Croda nearly doubled its first-quarter pretax profit, helped by restocking across most of its markets, and said it saw robust trading continuing into the second quarter.
Anglo-Dutch food and cosmetics giant Unilever said its first quarter net profit rose 31 percent from a year earlier to 1.05 billion euros (1.4 billion dollars).
Estee Lauder Cos Inc's quarterly results and full-year forecast disappointed investors, and the company said weakness at U.S. department stores could dampen sales of its cosmetics in the near term, sending its shares down nearly 6%.
British home shopping group N Brown said it would launch in the potentially lucrative U.S. market in July as it beat forecasts with a 13 percent rise in year profit and raised its dividend.
Under Armour Inc posted higher-than-expected quarterly profit, fueled by strong apparel and online sales, and raised its earnings outlook for the full year.
Shoe retailer DSW Inc raised its profit outlook for the full year, citing a better performance in the first quarter, sending its shares up 7 percent before market.
Belgian luxury underwear maker Van de Velde has taken majority control of U.S. lingerie chain Intimacy from its founder for $13.5 million.
Clothing retailer Esprit Holdings said its total sales in the nine months ending in March eased 1.8 percent from the year-ago period, despite an improving global economy.
German sporting goods maker Adidas lifted its full-year profit outlook after reporting better-than-expected first-quarter results that benefited from strong demand for toning shoes and soccer gear.
Deckers Outdoor Corp's first-quarter results topped Wall Street expectations, helped by better sales of its UGG and Teva brands, and the footwear maker forecast revenue growth for the second quarter and the full year.
Botswana's Debswana said it is considering diversifying from diamonds in a bid to cushion its revenues, with industry sources saying it favours commercial mining of coal and energy.
British fashion retailer Alexon Group Plc posted a full-year pretax loss as its brands were hit by poor consumer spending and said it would not pay final dividend to conserve cash.
British chemicals maker Elementis Plc forecast full-year earnings ahead of market expectations on significantly improved demand and restocking trends in the first quarter.