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Rent the Runway shares triple after upbeat revenue forecast on AI bet

Rent the Runway shares triple after upbeat revenue forecast on AI bet
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

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Nike to cut about 2% of jobs to lower costs as demand weakens

Nike will cut about 2% of its total workforce, or more than 1,600 jobs, the sportswear giant said late on Thursday to lower expenses as demand for its shoes and sneakers comes under pressure.

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'Long and tedious journey': companies sour on China outlook

By Helen Reid, Emma Rumney and Ananya Mariam Rajesh (Reuters) - Some of the world's top food, drinks and tech companies have struck a sour tone about ...

London , City-of , United-kingdom , China , Beijing , Vietnam , Republic-of , Chinese , Berndt-maisch , Estee-lauder , Josephine-mason , Catherine-evans

Coty's premium fragrances, cosmetics launches drive quarterly revenue beat

(Reuters) -Coty beat Wall Street estimates for second-quarter revenue on Wednesday, powered by higher pricing and strong demand for its high-end Burberry and Gucci fragrances and fresh launches of cosmetics in the U.S. during the holiday season. The company's newer products such as Burberry Goddess and CoverGirl Clean Fresh Yummy Gloss helped pull in customers in the U.S. compared to bigger rival Estee Lauder, which flagged feeble demand in the country and is doubling down on new launches and reinventing existing products. In the Americas region, Coty's net revenue rose 10% to $687.9 million, accounting for 40% of its total sales.

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Coty's premium fragrances, cosmetics launches drive quarterly revenue beat

Coty beat Wall Street estimates for second-quarter revenue on Wednesday, powered by higher pricing and strong demand for its high-end Burberry and Gucci fragrances and fresh launches of cosmetics...

China , Bengaluru , Karnataka , India , Shilpi-majumdar , Ananya-mariam-rajesh , Laurent-mercier , Estee-lauder , Reuters , Burberry-goddess , Covergirl-clean-fresh-yummy-gloss , Mainland-china

Coty's premium fragrances, cosmetics launches drive quarterly revenue beat

Coty's premium fragrances, cosmetics launches drive quarterly revenue beat
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

China , Bengaluru , Karnataka , India , Ananya-mariam-rajesh , Shilpi-majumdar , Estee-lauder , Laurent-mercier , Reuters , Gucci , Burberry , Ananya-mariam

OpenAI unlikely to offer board seat to Microsoft, other investors, ET Telecom

OpenAI: Altman's exit sparked confusion about the future of the startup at the center of an artificial intelligence boom.

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Federer-backed On, Decker's Hoka starting to take more retail shelf space from Nike, Adidas

Federer-backed On, Decker's Hoka starting to take more retail shelf space from Nike, Adidas
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

Bengaluru , Karnataka , India , Cristina-fernandez , Martin-hoffmann , Hoka-clifton , James-rodgers , Pooja-desai , David-swartz , Ananya-mariam-rajesh , Foot-locker , Adidas

Federer-backed On, Decker's Hoka starting to take more retail shelf space from Nike, Adidas

Federer-backed On, Decker's Hoka starting to take more retail shelf space from Nike, Adidas
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

Bengaluru , Karnataka , India , David-swartz , James-rodgers , Martin-hoffmann , Ananya-mariam-rajesh , Cristina-fernandez , Hoka-clifton , Pooja-desai , Holding-cloudflow , Holding-co

Deal-hunters fuel $12 billion Cyber Monday shopping spree

Retailers hit the send button on push
notifications, text messages and video streaming ads to reach
U.S. shoppers on Cyber Monday, touting heavily-discounted
cosmetics, electronics, toys, clothing and...

Aishwarya-venogupal , Arriana-mclymore , Charles-sizemore , Jim-worden , Ananya-mariam-rajeash , David-gregorio , Nick-zieminski , Vivek-pandya , Siddharth-cavale , Carol-spieckerman , Deborah-sophia , Reuters