Tag: costs
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Ralph Lauren earnings fall in 4Q but beats forecasts
Ralph Lauren Corp.'s profit plunged in its fiscal fourth-quarter on lower sales and higher costs, but still topped Wall Street expectations. Shares of the upscale clothing company edged up 45 cents to …
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Top fashion CEOs fear rising costs from climate change
The chief executives of seven top clothing companies, including Hennes & Mauritz Gap and Adidas , are calling on governments to agree a strong climate change deal, saying they fear global warming will drive up their costs. Almost 200 nations are meeting in Paris until Dec. 11, trying to work out a deal to limit…