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Abercrombie & Fitch raises sales forecast as fresh clothing styles draw shoppers, ET Retail - Vimarsana News

Abercrombie & Fitch raises sales forecast as fresh clothing styles draw shoppers, ET Retail

Abercrombie & Fitch: Abercrombie has been filling its shelves with a fresh collection of styles, including dressy apparel and cargo pants, while also capitalizing on the demand for new denim silhouettes, as jeans become a post-pandemic workwear wardrobe staple.

Kohl's beats profit estimates on cost cuts, leaner inventory, Retail News, ET Retail - Vimarsana News

Kohl's beats profit estimates on cost cuts, leaner inventory, Retail News, ET Retail

The company is in the midst of a turnaround under the watch of new Tom Kingsbury, who has made leaner inventories and targeted discounts his top priority after taking over the Kohl's reins in February.

Estee Lauder sees weaker annual forecast on slow recovery in Asia travel retail, ET Retail - Vimarsana News

Estee Lauder sees weaker annual forecast on slow recovery in Asia travel retail, ET Retail

Estee Lauder: Major companies across the globe have taken a cautious stance regarding their bets on a rebound in China, as the world's second-largest economy struggles to revive demand and battles rising youth unemployment rates and a high cost of living.

India's MRF reports five-fold jump in Q1 profit on cooling rubber prices, higher demand, ET Auto - Vimarsana News

India's MRF reports five-fold jump in Q1 profit on cooling rubber prices, higher demand, ET Auto

Mrf: Tyre companies reaped the benefits of a fall in rubber prices, a key raw material for the industry, with prices having fallen by 20%-25% over the last year through May, according to HDFC Securities.

operating profit: Uber Q3 Results: Co swings to black on ride-hailing demand; posts first operating profit - Vimarsana News

operating profit: Uber Q3 Results: Co swings to black on ride-hailing demand; posts first operating profit

Uber's cost controls ranging from layoffs to lower transaction costs and maintaining a steady headcount have helped the company maintain its target to post operating income profitability this year. At the same time, the number of rides after the pandemic is growing.