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US luxury firms fall after Burberry warns of operating loss in first half of 2024

BUZZ-US luxury firms fall after Burberry warns of operating loss in first half of 2024 ** Shares of U.S. luxury companies fall in afternoon trading after British luxury group Burberry BRBY.L expects to post operating loss for 1H24 ** BRBY also to miss annual profit forecasts prompting it to suspend dividend payments ** Company sacks its CEO and nam
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U.S. Ciena, Huntsman, Prog Holdings

U.S. RESEARCH ROUNDUP-Ciena, Huntsman, Prog Holdings June 7 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Ciena, Huntsman and Prog Holdings, on Friday. HIGHLIGHTS * Capital One Financial Corp COF.N : BTIG initiates coverage with neutral rating * Ciena Corp CIEN.N : Raymond James cuts to outperform from strong buy * Collegium Pharmaceutical Inc COLL.O : Jefferies raises to buy from hold * Huntsman Corp HUN.N : JP Mo
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U.S. Chord Energy, PVH, Saia

U.S. RESEARCH ROUNDUP-Chord Energy, PVH, Saia June 6 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Chord Energy, PVH and Saia, on Thursday. HIGHLIGHTS * Chord Energy Corp CHRD.O : Gerdes Energy Research raises to buy from neutral * Costco Wholesale Corp COST.O : Oppenheimer raises target price to $905 from $850 * PVH Corp PVH.N : Barclays raises target price to $154 from $149 * Saia Inc SAIA.O : TD Cowen raises tar
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U.S. Abbvie, Lionsgate Studios, UnitedHealth Group

U.S. RESEARCH ROUNDUP-Abbvie, Lionsgate Studios, UnitedHealth Group June 5 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Abbvie, Lionsgate Studios and UnitedHealth Group, on Wednesday. HIGHLIGHTS * Abbvie Inc ABBV.N : HSBC raises to buy from hold * Crowdstrike Holdings Inc CRWD.O : BTIG cuts target price to $402 from $432 * Lionsgate Studios LION.O : Seaport Research Partners initiates coverage with neutral rating
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PVH Corp reports results for the quarter ended in April - Earnings Summary

PVH Corp reports results for the quarter ended in April - Earnings Summary PVH Corp PVH.N reported quarterly adjusted earnings of $2.45​​ per share for the quarter ended in April, higher than the same quarter last year, when the company reported EPS of $2.14. The mean expectation of sixteen analysts for the quarter was for earnings of $2.16 per share.
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PVH Corp Says David Savman, Co's Chief Supply Chain Officer, To Serve As Interim CEO For PVH Europe

BRIEF-PVH Corp Says David Savman, Co's Chief Supply Chain Officer, To Serve As Interim CEO For PVH Europe June 4 (Reuters) - PVH Corp PVH.N : PVH CORP -DAVID SAVMAN WILL SERVE AS INTERIM CEO FOR PVH EUROPE PVH CORP. ANNOUNCES LEADERSHIP UPDATE PVH CORP - MARTIJN HAGMAN, CEO OF TOMMY HILFIGER GLOBAL AND PVH EUROPE, WILL BE LEAVING COMPANY PVH CORP -
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PVH Corp. Announces Leadership Update

BRIEF-PVH Corp. Announces Leadership Update June 4 (Reuters) - PVH Corp PVH.N : PVH CORP. ANNOUNCES LEADERSHIP UPDATE PVH CORP - MARTIJN HAGMAN, CEO OF TOMMY HILFIGER GLOBAL AND PVH EUROPE, WILL BE LEAVING COMPANY PVH CORP - LEA RYTZ GOLDMAN WILL SERVE AS INTERIM CEO FOR PVH EUROPE PVH CORP - DAVID SAVMAN, PVH'S CHIEF SUPPLY CHAIN OFFICER, WILL SER
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PVH Q1 Adjusted EPS USD 2.45

BRIEF-PVH Q1 Adjusted EPS USD 2.45 Jun 04 (Reuters) - PVH Q1 adjusted EBIT USD 10 million. Q1 EBIT USD 205 million Q1 revenue USD 1,952 million
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U.S. Asana, GE Vernova, New Gold

U.S. RESEARCH ROUNDUP-Asana, GE Vernova, New Gold June 3 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Asana, GE Vernova and New Gold, on Monday. HIGHLIGHTS * Asana ASAN.N : HSBC raises to hold from reduce * GE Vernova Inc GEV.N : JP Morgan raises target price to $186 from $176 * New Gold Inc NGD.N : CIBC raises to outperformer from neutral * Owens Corning OC.N : Barclays raises target price to $190 from $160 * Rad
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PVH Corp <PVH.N> expected to post earnings of $2.16 a share - Earnings Preview

PVH Corp expected to post earnings of $2.16 a share - Earnings Preview PVH Corp PVH.N , PVH is expected to show a fall in quarterly revenue when it reports results on June 4 for the period ending April 30 2024 The New York City-based company is expected to report a 10.6% decrease in revenue to $1.928 billion from $2.16 billion a year ago, according to the mean estimate from 13 analysts, based on LSEG data.The company's guidance on April 1 2024, for the period ended April 30, was for revenue of $
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Cher to entertain guests at glamorous Cannes fundraiser for AIDS

Cher to entertain guests at glamorous Cannes fundraiser for AIDS CANNES, France, May 23 (Reuters) - From Cher to Tommy Hilfiger, the fashion and entertainment industry's biggest names decamped to Antibes for the night on Thursday to raise money for AIDS research in one of the most luxurious, and secluded, settings on the French Riviera. Demi Moore will host the 30th edition of the glitzy charity gala organised by amfAR, The Foundation for AIDS Research, that is held annually alongside the nearby
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VF Corp drops on surprise Q4 loss, revenue miss

BUZZ-VF Corp drops on surprise Q4 loss, revenue miss ** Apparel retailer VF Corp's shares VFC.N fall ~15% to $10.46 in premarket trading ** VFC's Q4 revenue fell to $2.37 billion from a year earlier due to drop in its brands' sales; Analysts on average had estimated $2.41 billion ** VFC posts quarterly loss of 32 cents/shr, compared with estimates
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North Face owner VF Corp misses quarterly revenue estimates, posts loss as demand sags

North Face owner VF Corp misses quarterly revenue estimates, posts loss as demand sags May 22 (Reuters) - VF Corp VFC.N posted a fourth-quarter loss and reported revenue below analysts' estimates on Wednesday as sales declined across its brands, reflecting choppy demand for its apparel and footwear amid strained consumer spending. Shares of the North Face owner, which have declined 34.5% so far this year, were down nearly 8 % in extended trading.
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Pvh Corp Says On May 17, Allison Peterson Informed Co That She Will Not Stand For Re-Election To Our Board At The Annual Meeting

BRIEF-Pvh Corp Says On May 17, Allison Peterson Informed Co That She Will Not Stand For Re-Election To Our Board At The Annual Meeting May 22 (Reuters) - PVH Corp PVH.N : PVH CORP - ON MAY 17, ALLISON PETERSON INFORMED CO THAT SHE WILL NOT STAND FOR RE-ELECTION TO OUR BOARD AT THE ANNUAL MEETING PVH CORP - PETERSON’S NOMINATION IS WITHDRAWN; NO O
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Big city malls the future for Klepierre in battle with online

Big city malls the future for Klepierre in battle with online By Diana Mandia and Federica Mileo May 21 (Reuters) - Mall operator Klepierre LOIM.PA is focusing on Europe's most dynamic and affluent big cities and offering experiences beyond shopping to compete with fast-growing online retailers, its chairman Jean-Marc Jestin told Reuters on Tuesday. Shein, which sells in more than 150 countries online, has emerged as a major player and accounted for nearly 20% of the global fast-fashion market i
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India's Arvind Fashions' Q4 profit jumps two-fold on demand for premium brands

India's Arvind Fashions' Q4 profit jumps two-fold on demand for premium brands BENGALURU, May 21 (Reuters) - Indian retailer Arvind Fashions ARVF.NS reported a more than two-fold rise in fourth-quarter profit on Tuesday, aided by steady demand for premium clothing brands. The company, which retails clothing from brands such as Arrow, Calvin Klein and Tommy Hilfiger, reported a consolidated net profit of 243.2 million rupees ($2.92 million) up from 109.1 million rupees a year ago.
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Grape-accented Zendaya leads garden-themed looks at Met Gala

UPDATE 3-Grape-accented Zendaya leads garden-themed looks at Met Gala Adds details on Stray Kids outfits in paragraph 12 By Ben Kellerman NEW YORK, May 6 (Reuters) - Zendaya wore a dark blue gown adorned with grape clusters and Lana Del Rey donned a dramatic headpiece with tree branches, two of the eye-catching looks at this year's garden-themed Met Gala on Monday.
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Indian retailer Arvind's Q4 profit rises on stable textile demand

Indian retailer Arvind's Q4 profit rises on stable textile demand BENGALURU, May 6 (Reuters) - Indian clothing retailer Arvind Ltd ARVN.NS posted a 2.1% rise in fourth-quarter profit as demand for its textiles remained steady. The company, which sells international brands like Tommy Hilfiger, Arrow and Calvin Klein, said its consolidated net profit rose to 990.3 million rupees ($11.9 million) from 970 million rupees a year earlier.
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PVH Corp Declared A Quarterly Cash Dividend Of $0.0375 Per Share

BRIEF-PVH Corp Declared A Quarterly Cash Dividend Of $0.0375 Per Share May 1 (Reuters) - PVH Corp PVH.N : PVH CORP: DECLARED A QUARTERLY CASH DIVIDEND OF $0.0375 PER SHARE Source text for Eikon: ID:nBw5F0lLza Further company coverage: PVH.N
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Tata's Trent to outshine Indian peers as low-priced apparel attract young buyers

PREVIEW-Tata's Trent to outshine Indian peers as low-priced apparel attract young buyers By Rama Venkat and Praveen Paramasivam BENGALURU/CHENNAI, April 26 (Reuters) - Tata's Trent TREN.NS is expected to have outperformed other Indian apparel chains last quarter, overcoming sluggish demand and restrained consumer spending by rapidly opening more of its youth-focussed, low-priced stores.
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