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Business

Urban Outfitters Q3 profits drop 28 percent

Urban Outfitters reported its net profit for Q3 decreased on Tuesday. Revenues surged by 1.4 percent from the same period last year. For Q3, the company's net profit was 56 million dollars, slipped from 78 million dollars last year. Furthermore, revenues surged to 987 million dollars. The profit margin of the company dropped to 6 percent...

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BusinessFeatured

Burberry Group revenue grows 5 percent for H1

Burberry has reported a 5 percent increase in revenue for the first half of the year, saying it’s on track to meet expectations despite “considerable disruptions” in Hong Kong. For the 26 weeks to the end of September, the British luxury brand increased revenue to 1.281 billion pounds, while net profit was 203 million pounds, compared to 178...

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