The Los Angeles Post
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Today: March 16, 2025
Today: March 16, 2025
Linda Pasquini

Linda Pasquini

Staff Writer

Latest From Linda Pasquini

Business|Economy|Europe|Fashion and Beauty

Hugo Boss warns of weaker demand in US and China, risks from tariffs

Hugo Boss warned on Thursday of a further weakening in consumer confidence in the United States and China, sending its shares down as much as 5%, as the

Hugo Boss warns of weaker demand in US and China, risks from tariffs
Business|Economy|Europe|Finance|Sports|Stock Markets

Puma faces weak U.S. demand, plans job cuts as shares plunge

Puma on Wednesday announced job cuts and warned of uncertain U.S. consumer demand as the German sportswear group's shares slumped 23% in the wake of

Puma faces weak U.S. demand, plans job cuts as shares plunge
Business|Economy|Finance|Political|Stock Markets|US

Persil-owner Henkel says US policies are hurting North American market

U.S. government decisions are hurting the North American market disproportionately, consumer goods and adhesive maker Henkel said on Tuesday, the

Persil-owner Henkel says US policies are hurting North American market
Business|Economy|Europe|Finance|Stock Markets

Persil-owner Henkel's growth guidance disappoints as weak North America weighs

Persil-owner Henkel gave weaker-than-expected guidance for 2025 organic sales growth on Tuesday, projecting a slower start to the

Persil-owner Henkel's growth guidance disappoints as weak North America weighs
Americas|Business|Economy|Europe|Sports

Adidas sets cautious tone for 2025 outlook, flags tariff risk

Germany's Adidas forecast a lower than expected operating profit for 2025, anticipating sales growth will slow slightly from a

Adidas sets cautious tone for 2025 outlook, flags tariff risk
Business|Europe|Fashion and Beauty|Finance|Stock Markets

Beiersdorf expects organic growth to slow in 2025

Nivea maker Beiersdorf on Thursday reported higher 2024 sales and said it expected sales to still grow in the current year, albeit

Beiersdorf expects organic growth to slow in 2025
Business|Europe|Finance|Stock Markets

Adidas lifted by sales of Samba, Gazelle shoes while North America lags

Strong demand for its retro-style Gazelle and Samba sneakers helped drive Adidas' strong first-quarter growth, especially in its home market of Europe, the

Adidas lifted by sales of Samba, Gazelle shoes while North America lags
Business|Fashion and Beauty|Finance|Stock Markets

Hugo Boss shares fall on weaker China demand, US uncertainty

Shares in Hugo Boss slumped nearly 10% on Thursday, hitting their lowest level since 2022 after the premium apparel brand flagged weaker demand in China and concern about

Hugo Boss shares fall on weaker China demand, US uncertainty
Americas|Business|Finance|Stock Markets|US

Puma upbeat on growing demand, shares jump

A return to growth in the Americas helped Puma meet first-quarter sales forecasts and its order book for the rest of the year was looking "very good", the

Puma upbeat on growing demand, shares jump
Business|Fashion and Beauty

Adidas plans cheaper versions of popular shoes

Adidas is

Adidas plans cheaper versions of popular shoes
Business|Europe|Sports

Adidas set to benefit as Nike struggles

The success of Adidas' low-rise multi-coloured Samba and Gazelle sneakers, along with weaker sales at rival Nike, should help the German sportswear brand deliver strong

Adidas set to benefit as Nike struggles
Business|Finance|Sports|Stock Markets

Adidas confirms 2024 outlook, Yeezy hurts Q2 North American sales

Adidas confirmed its full-year guidance and forecast-beating second quarter results on Wednesday, though it said revenue in North America fell due to

Adidas confirms 2024 outlook, Yeezy hurts Q2 North American sales
Business|Finance

Hugo Boss may push back 2025 targets as luxury sector falters

Hugo Boss may push back key sales and profit targets beyond 2025 when it reports its second-quarter results on Thursday, as investors watch for updates on trading and

Hugo Boss may push back 2025 targets as luxury sector falters
Business|Fashion and Beauty|Sports

Adidas sees soccer trend lasting into 2025

Adidas expects soccer's increasing appeal among consumers globally to be a trend that lasts into 2025, after sales of its jerseys in connection to this year's soccer

Adidas sees soccer trend lasting into 2025
Business|Europe|Finance|Stock Markets

Puma narrows FY profit outlook on high freight costs, muted China

German sportswear maker Puma on Wednesday narrowed its outlook for full-year core profit, sending its shares briefly to 2018 lows, citing higher freight

Puma narrows FY profit outlook on high freight costs, muted China
Economy|Finance|News|US

Dollar strengthens versus yen as BOJ strikes cautious stance on rate hikes

The dollar strengthened against the yen on Friday, hitting its highest level in two weeks, after the Bank of Japan left interest rates

Dollar strengthens versus yen as BOJ strikes cautious stance on rate hikes
Economy|Finance|News|US

Dollar weakens after inflation data, Yen surges on Ishiba win

The dollar fell on Friday after a reading of U.S. inflation signaled price pressures continue to ebb, while the yen strengthened against the greenback after

Dollar weakens after inflation data, Yen surges on Ishiba win
Business|Finance|US

Beiersdorf optimistic on future despite China challenges

Nivea maker Beiersdorf reported on Thursday a rise in group sales for the first nine months of 2024, and said it expected a strong fourth quarter,

Beiersdorf optimistic on future despite China challenges
Asia|Business|Finance|US

Adidas sees strong sales in China as it opens more stores

Adidas saw strong growth in Greater China in the third quarter, while sales in North America excluding Yeezy shoes were up thanks to improving brand image,

Adidas sees strong sales in China as it opens more stores
Business|Fashion and Beauty|Finance

Hugo Boss says it won't reach 2025 revenue, profit targets; shares slip

Hugo Boss' on Tuesday reported that its third-quarter operating profit slightly exceeded expectations, but said it wouldn't reach its revenue and profit

Hugo Boss says it won't reach 2025 revenue, profit targets; shares slip
Business|Europe|Fashion and Beauty

Hugo Boss seeks to grow in China despite weak demand, CFO says

German fashion house Hugo Boss said on Tuesday it sought to expand its limited exposure to China and build brand visibility over the long run, despite a dent to its third

Hugo Boss seeks to grow in China despite weak demand, CFO says
Business|Economy|Finance|Sports

Puma CEO sees better holiday trading after Q3 sales miss expectations

German sportswear maker Puma's third-quarter sales missed expectations on Wednesday due to sluggish demand and as weaker currencies in markets like Mexico,

Puma CEO sees better holiday trading after Q3 sales miss expectations
Asia|Business|Finance|Stock Markets

Top 20 global family-owned retail businesses

Japan's Seven & i Holdings received a buyout proposal from a member of its founding Ito family last week, a potential $58 billion white-knight bid which

Top 20 global family-owned retail businesses

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