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Fashion Jobs
SHISEIDO
Laura Mercier Account Manager - Arnotts, Dublin (Maternity Cover)
Permanent · Dublin 13
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Bareminerals Account Manager - Boots, Belfast
Permanent · New York
RALPH LAUREN
Assistant General Manager (Kildare)
Permanent · Kildare
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Bareminerals Dual Site Account Manager - Arnotts, Dublin
Permanent · Dublin 13
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jo Malone London - Business Manager - bt2, Dundrum - 37.5 Hours - Full Time, Permanent
Permanent · Dublin
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Clinique - Consultant - Brown Thomas, Cork - 24 Hours - Part-Time - Permanent
Permanent · Cork
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Bobbi Brown - Business Manager - Boots, Dundrum - 37.5 Hours - Full Time, Permanent
Permanent · Dublin
L'OREAL GROUP
Business Development Manager - Skinceuticals - Ireland - Active Cosmetics Division
Permanent · Dublin
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le Labo - Business Manager - Brown Thomas, Dublin - 37.5 Hours - Full Time, Permanent
Permanent · Dublin
FOOT LOCKER
Manager, Treasury Operations
Permanent · Dublin 1
FOOT LOCKER
Senior Treasury Analyst
Permanent · Dublin 1
SHISEIDO
Nars Account Manager - bt2, Blanchardstown
Permanent · Dublin
SHISEIDO
Nars Account Manager - Brown Thomas, Cork (37.5)
Permanent · Cork
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Bareminerals Account Manager - Boots, Liffey Valley (37.5)
Permanent · Dublin 22
L'OREAL GROUP
l'Oréal Designer Fragrances Solo Account Manager Brown Thomas Limerick
Permanent · Limerick
L'OREAL GROUP
Atelier Cologne Account Manager Brown Thomas Dublin
Permanent · Dublin
L'OREAL GROUP
l'Oréal Designer Fragrances Mobile Fragrance Consultant
Permanent · Dublin
L'OREAL GROUP
Lancôme Deputy Account Manager Brown Thomas Dublin
Permanent · Dublin
ESTÉE LAUDER
Estée Lauder - Counter Manager - Brown Thomas, Limerick - 37.5 Hours - Full-Time - Permanent
Permanent · Limerick
ESTÉE LAUDER
la Mer - Assistant Manager - Brown Thomas, Dublin - 30 Hours - Full-Time - Permanent
Permanent · Dublin
ESTÉE LAUDER
Mac - Retail Artist - Brown Thomas, Cork - 18 Hours - Part-Time - Permanent
Permanent · Cork
ESTÉE LAUDER
Estée Lauder - Beauty Advisor - Arnotts, Dublin - 30 Hours - Full-Time - Permanent
Permanent · Dublin
By
Reuters
Published
May 6, 2021
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Coach owner Tapestry bets on summer shopping comeback as sales rebound

By
Reuters
Published
May 6, 2021

Tapestry Inc returned to quarterly sales growth and forecast full-year numbers above analysts’ estimates as the Coach handbag maker benefits from a strong rebound in demand for luxury goods in North America and China.


Coach - Spring-Summer2021 - Womenswear - New York



Encouraged by rapid vaccine rollouts in its key markets, the fashion group is launching a new line of Coach handbags and rearranging store shelves with more Stuart Weitzman sandals, pumps and wedding accessories in expectation of people returning to relatively normal lives, company executives said on a call with analysts.

The luxury industry took a major hit from pandemic lockdowns last year but is making a comeback as easing curbs and vaccinations make people more confident about venturing out and spending on high-end brands.

Tapestry’s estimate-beating third-quarter results mirrored European luxury names Louis Vuitton owner LVMH and Kering’s Gucci, which also reported better-than-expected sales last month.

“We’ve seen vaccination efforts progressing, resulting in increasing consumer confidence... and improving in-store traffic trends,” Tapestry Chief Executive Officer Joanne Crevoiserat said.


Kate Spade - Spring-Summer2020 - Womenswear - New York - © PixelFormula



Tapestry, which also owns Kate Spade, said sales in North America returned to pre-pandemic levels, while revenue from Mainland China soared about 175% compared to a year ago and was 40% above 2019.

The New York-based company forecast full-year sales to rise by a mid-teens percent, above analysts’ estimate of a 10% rise, according to IBES data from Refinitiv. It also forecast full-year earnings above 2019 levels.

However, Tapestry said it is experiencing shipping delays that are causing delays in products moving from design boards to shelves. The blockage in the Suez Canal earlier this year will have a modest impact on current quarter results, Tapestry said.

The company’s shares, which have risen nearly 56% this year, fell 2%.

Tapestry’s third-quarter net sales rose 19% to $1.27 billion beating analysts’ expectations of $1.22 billion, while its adjusted profit of 51 cents per share, was above estimates of 31 cents.

© Thomson Reuters 2021 All rights reserved.