Under Armour Inc posted a higher-than-expected third-quarter profit on Tuesday, helped by strong sales, but the athletic apparel maker lowered its full-year outlook, citing the current economic environment. Net income rose to $25.
Children's clothing retailer Carter's Inc raised its full-year growth outlook and said earnings may not fall as much as expected, citing continuing strong birth rates, sending its shares up as much as 16 percent.
Shares in Switzerland's Richemont surged on Tuesday, October 21st as markets welcomed the group's first trading day as a pure luxury play following the spin off of its stake in British American Tobacco.
Swedish fashion giant Hennes & Mauritz still expects sales in Germany to grow this year despite weakening consumer sentiment in Europe's largest economy, the company's German head said on Tuesday, October 21st.
Luxury goods maker Salvatore Ferragamo is uncertain about its performance in the fourth quarter, its chief executive said on Tuesday, October 21st after a mainly positive first nine months of the year.
VF Corp reported a better-than-expected third-quarter profit on Friday as strong sales of its outerwear and fashion clothing brands offset declines in the manufacturer's jeans and sportswear businesses.