Etro

Coty Reports Strong Results Ahead of Beauty Market, with Double-Digit Growth FYTD

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月曜日, 5月 6, 2024

Coty continues to benefit from this attractive market dynamic with momentum across its core categories, strong launch results and early wins in key white spaces.

Key Points: 
  • Coty continues to benefit from this attractive market dynamic with momentum across its core categories, strong launch results and early wins in key white spaces.
  • Consumer Beauty's Americas and EMEA regions delivered solid reported net revenue growth in the quarter, with strong double-digit percentage growth in Latin America and Canada.
  • Prestige reported net revenue growth in the region was driven by strong double-digit percentage reported growth in Asia excluding China and the regional Travel Retail channel.
  • On February 28, 2024, Coty announced the launch of Infiniment Coty Paris, its Coty-branded ultra-premium fragrance brand.

Coty to Update on Market Beating Progress, Outlook, and White-Space Opportunities at CAGNY 2024 Conference

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火曜日, 2月 20, 2024

Coty will provide an update on its strategic and financial progress, its outlook for the future of the beauty market, significant white-space opportunities the Company is targeting, and its plans to create the must-have beauty products of tomorrow.

Key Points: 
  • Coty will provide an update on its strategic and financial progress, its outlook for the future of the beauty market, significant white-space opportunities the Company is targeting, and its plans to create the must-have beauty products of tomorrow.
  • Coty is building on these strong foundations with a market beating outlook for FY24 of +9-11% LFL revenue growth and +11-12% adjusted EBITDA growth, implying margin expansion of +10-30 bps.
  • Management’s impressive track record and the Company’s transformation underpins Coty confidence to deliver a best-in-class medium-term growth algorithm and drive leverage towards 2x exiting CY25.
  • Our recently announced licenses with two exciting luxury brands, Marni and Etro, reinforce Coty’s position as the go-to beauty partner.

Rent the Runway, Inc. Announces Third Quarter 2023 Results

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火曜日, 12月 5, 2023

NEW YORK, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. (“Rent the Runway” or "RTR") (NASDAQ: RENT), the world’s first and largest shared designer closet platform, today reported financial results for the fiscal quarter ended October 31, 2023.

Key Points: 
  • Committed to Delivering Free Cash Flow Breakeven in FY 2024
    Significantly Improved Inventory In-Stock Position Drove Improved Customer Satisfaction and Retention; Sets Stage for FY24 Growth
    NEW YORK, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. (“Rent the Runway” or "RTR") (NASDAQ: RENT), the world’s first and largest shared designer closet platform, today reported financial results for the fiscal quarter ended October 31, 2023.
  • “Meanwhile, we’ve made significant strides to improve our inventory in-stock position, which we believe represents a turning point for Rent the Runway.
  • The third quarter 2023 Earnings Presentation is now accessible through the Investor Relations section of Rent the Runway’s website at https://investors.renttherunway.com/ under the “Presentations” section.
  • Rent the Runway will host a conference call and webcast to discuss its third quarter 2023 financial results and provide a business update today, December 5, 2023, at 4:30 pm ET.

Q2 FY23 Results: Mytheresa Reports GMV Growth of 8% in Q2 FY23 and Strong Profitability of 9% Adjusted EBITDA Margin Despite Significant Macro-Economic Headwinds

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木曜日, 2月 23, 2023

The luxury multi-brand digital platform delivered another quarter of solid growth with continued strong profitability, despite significant macro-economic headwinds.

Key Points: 
  • The luxury multi-brand digital platform delivered another quarter of solid growth with continued strong profitability, despite significant macro-economic headwinds.
  • We are global, active across many luxury categories, uniquely focused on full-price selling and we have a high share of cost variability.
  • This enables Mytheresa to deliver strong profitability even at times of slower growth.
  • Mytheresa does not intend to update its forward-looking statements until its next quarterly results announcement, other than in publicly available statements.

Mouawad Announces New Beverly Hills Boutique

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木曜日, 10月 27, 2022

The new Mouawad boutique will be located at 236 North Rodeo Drive, placing it in an iconic location in the heart of Beverly Hills' world-renowned luxury shopping district.

Key Points: 
  • The new Mouawad boutique will be located at 236 North Rodeo Drive, placing it in an iconic location in the heart of Beverly Hills' world-renowned luxury shopping district.
  • Mouawad fourth-generation Co-Guardians, Fred, Alain and Pascal Mouawad, commented, "Beverly Hills is a natural choice for Mouawad to open a new-generation boutique, based on our long-standing heritage of crafting the extraordinary for celebrities and red carpet events, and through our relationship with the Gemological Institute of America, whose California campus at its world headquarters is named in honor of our father Robert Mouawad."
  • MOUAWAD - A jewelry house specialized in "crafting the extraordinary" since 1890.
  • Two Rodeo Drive is instantly recognizable as an iconic symbol of the prestigious and distinctive city of Beverly Hills and America's most celebrated shopping district.

Apples & Oranges Public Relations (AOPR) Appointed as U.S. Agency of Record for Positive Luxury

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水曜日, 10月 26, 2022

Today, NYC-Based agency Apples & Oranges Public Relations (AOPR) announced that it had been named Agency of Record for The Butterfly Mark powered by Positive Luxury .

Key Points: 
  • Today, NYC-Based agency Apples & Oranges Public Relations (AOPR) announced that it had been named Agency of Record for The Butterfly Mark powered by Positive Luxury .
  • This is the first North American agency relationship in the Positive Luxury ecosystem following the recent milestone of their innovative technology .
  • Positive Luxury has driven sustainability for luxury brands globally for over a decade and recently announced the launch of the Connected Butterfly Mark.
  • www.positiveluxury.com
    Apples & Oranges Public Relations is an award-winning boutique communication and event production agency based in New York City.

Legends Of Crypto to Launch Apollo Edition NFT Sale

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金曜日, 4月 22, 2022

Amsterdam, April 22, 2022 (GLOBE NEWSWIRE) -- LegendsOfCrypto is gearing up for the second NFT sale of its legendary cards.

Key Points: 
  • Amsterdam, April 22, 2022 (GLOBE NEWSWIRE) -- LegendsOfCrypto is gearing up for the second NFT sale of its legendary cards.
  • The sale of the Apollo Edition is set to be an important milestone on the road towards the highly anticipated Season 0 of the game!
  • The Genesis Edition, its debut NFT sale, was sold out within 48 hours.
  • With that in mind, heres what you need to know about this special NFT drop:
    There are four (4) distinct collections of packs to be sold in the Apollo Edition.

New York, Paris, Milan, Decentraland; Global Fashion Goes Virtual with the World’s Biggest Metaverse Fashion Week to Date

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木曜日, 2月 24, 2022

NEW YORK, Feb. 24, 2022 (GLOBE NEWSWIRE) -- The Metaverse - The virtual social world Decentraland announced today that it is hosting the worlds biggest, entirely digital, fashion week with the launch of Metaverse Fashion Week, to take place March 24 - 27, 2022.

Key Points: 
  • NEW YORK, Feb. 24, 2022 (GLOBE NEWSWIRE) -- The Metaverse - The virtual social world Decentraland announced today that it is hosting the worlds biggest, entirely digital, fashion week with the launch of Metaverse Fashion Week, to take place March 24 - 27, 2022.
  • fashion.
  • Metaverse Fashion Week will also feature the notorious After-Show Parties that are synonymous with IRL fashion weeks.
  • In addition, there will be a #FashionFridays pre-party show on TwitterSpaces leading up to the start of Metaverse Fashion Week.