Articles by DPA
EssilorLuxottica initiates share buyback program
EssilorLuxottica SA (ESLOY.PK, ESLOF.PK, EL.PA, ESL.DE), an Italian manufacturer of optical lenses, Friday said that it has launched a share buyback program. The company said that as per the share buyback program, it has mandated an investment services provider to purchase up to 5 million EssilorLuxottica shares. This move, the company said, is...
BusinessMemberloading...
Goodbye trainers and chunky jewellery: a more delicate touch
Something is stirring in fashion this autumn and winter. This is evident in jewellery and especially in footwear. Trainers, for example, are on their way out. According to Claudia Schulz from the German Shoe Institute, footwear is set to become significantly more feminine this season. “The autumn/winter trends feature many new silhouettes, for...
Fashion loading...
Walmart raises annual targets - pharmaceutical sales weigh on US business
Bentonville - Walmart, the world's largest retailer, benefited from strong growth in its advertising revenue, a thriving online business and customs duty refunds from the US government during its second fiscal quarter. CEO John Furner raised his forecasts for the financial year ending January 2027, according to a statement on Thursday. The...
BusinessMemberloading...
Checks, croc and collars: this season's womenswear trends
Munich/Kirchheim - Fashionistas are often seen in small checks this autumn and winter. Leopard and zebra prints might now be seen mainly back at the zoo. What previously worked well in the office is now also being worn outside of meetings. These are just three examples of fashion developments for this autumn and winter. They show that fashion...
Fashion loading...
Estée Lauder swings toward recovery: Q4 loss shrinks, profit outlook raised
Washington - The Estée Lauder Co. Inc. (EL), a cosmetics company, on Wednesday reported that its net loss narrowed in the fourth quarter compared with the loss in the same period a year earlier. The company also raised its full-year 2027 adjusted operating margin outlook. For the fourth quarter, net loss narrowed to 116 million dollars from 546...
BusinessMemberloading...
Knitwear and sequins: mastering the art of contrast by Evelyn Steinbach
Frankfurt/Munich - Material makes all the difference. This statement applies to many things, but it is especially true for fashion this autumn and winter. A particularly wide variety of materials is currently on display. Velvet, brocade, jacquard and lace define the new collections. Wool flannel is also a key feature. “The fabrics will be found...
Fashion loading...
Pandora Q2 operating profit rises, lifts FY26 outlook
Pandora, a Danish jewelry company, Thursday reported higher operating profit on higher revenue for the second quarter compared to the same period last year. Further, the company raised its outlook for fiscal 2026. Quarterly operating earnings increased to 1.46 billion Danish krone (0.22 billion dollars) from 1.29 billion of last year with EBIT...
BusinessMemberloading...
Weak consumer sentiment: Douglas sees significant drop in operating profit
The perfume chain Douglas continued to feel the effects of customer price sensitivity in its third business quarter of 2025/26. The quarter's business performance was significantly impacted by weak market dynamics in Germany, France and the Netherlands. It was also affected by continued strong price competition in the European beauty retail...
BusinessMemberloading...
On's weak revenues drag down Adidas, Puma and Nike shares
Shares in Adidas, Puma and Nike fell noticeably on Tuesday afternoon. The market cited the weak revenue performance of Swiss trainer manufacturer On Holding. On Holding's shares plummeted by 16.4 percent to 32.41 US dollars in pre-market US trading. Nike's share price was also affected, falling by 1.1 percent to 41.64 dollars. In Germany, Adidas...
BusinessMemberloading...
Trump declares strait of Hormuz open again
Judging by his recent statements, the struggle to open the Strait of Hormuz appears to be over for US President Donald Trump. At the White House, he stated that following a mine-clearing operation, the strait is once again navigable for ships and is “one hundred percent” controlled by the US. He added that although Iran occasionally lays a mine,...
BusinessMemberloading...