8月7日，#Zara广告因模特太瘦被禁#话题登上微博热搜。 近日，时尚品牌 Zara 的两则广告因模特看起来"瘦得不健康"在英国被禁播。英国广告标准局表示，一 名模特因身体上的阴影和光滑的后发髻发型显得憔悴，另一张照片中模特的姿势和服饰露出了她突出的 锁骨。当地监管机构裁定，这些"不负责任"的广告不得以目前的形式再次出现。 目前，Zara已删除这些广告，并表示涉事两位模特均有医疗证明，证明她们在拍摄照片时身体状况良 好。 责任编辑：王翔 ...

Financial Data and Key Metrics Changes - Net sales increased approximately 9.5% on a constant currency basis to $160.5 million, marking the fifth consecutive quarter of growth [6][26] - Adjusted EBITDA was $7.5 million, in line with expectations, compared to $8 million in the same period last year [8][32] - Gross margin declined 20 basis points to 57.5%, slightly ahead of expectations, impacted by elevated tariffs [28][29] - Active customer count rose to 4.13 million, a 3% increase year over year [27] Business Line Data and Key Metrics Changes - U.S. net sales grew 14% to $108 million, driven by successful merchandising and marketing initiatives [6][26] - Australia region's net sales were flat at $45.7 million, ahead of expectations due to improved margins [6][26] - Princess Polly, the largest brand, accounted for approximately half of total revenue, with strong performance in dresses and omnichannel strategy [13][16] Market Data and Key Metrics Changes - Active customers grew 3% on a trailing twelve-month basis, with global orders increasing by 7% [7] - Princess Polly's TikTok shop revenue increased by 60% year over year, indicating strong engagement on social media platforms [14] - Culture Kings in Australia saw double-digit revenue growth in the second quarter, reflecting successful turnaround efforts [22] Company Strategy and Development Direction - The company is focused on expanding its direct-to-consumer channels and enhancing brand awareness through physical retail growth and wholesale partnerships [12][17] - Plans to open 8 to 10 new Princess Polly stores in 2026, continuing to leverage data for optimal locations [7][43] - Emphasis on diversifying the supply chain to mitigate tariff impacts and enhance operational flexibility [10][11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating the macro environment and highlighted the resilience of the business model despite tariff challenges [24][25] - The company anticipates that sourcing diversification and strategic price increases will offset tariff impacts in Q4 and beyond [11][35] - Positive outlook for the second half of the year, with expectations for net sales growth between 5% to 7% [35] Other Important Information - The company ended the quarter with $23.1 million in cash and cash equivalents, down from $25.5 million a year ago [33] - Inventory levels decreased by 13% year over year, indicating improved inventory management [33] - The company is committed to long-term brand building and sustainable fashion practices, as evidenced by Princess Polly's B Corp certification [15] Q&A Session Summary Question: Thoughts on distribution model between DTC, e-commerce, and wholesale - Management highlighted the success of the omnichannel strategy, with strong growth in U.S. sales and positive customer reactions in stores [40][42] Question: Long-term sourcing structure approach - Management discussed the shift from predominantly sourcing in China to diversifying supply chains, enhancing flexibility and resilience [44][46] Question: Gross margin dynamics in the third quarter - Management confirmed a similar 120 basis point headwind from tariffs in Q3, but expected slight gross margin expansion due to improved inventory management [53][54] Question: Active customer growth and order frequency - Management attributed growth in active customers to effective engagement strategies and the test and repeat merchandising model [56][58] Question: Inventory position ahead of the holiday season - Management expressed confidence in inventory levels returning to desired positions by the holiday season, despite a lighter inventory at the end of Q2 [72][74] Question: Breakdown of U.S. business growth - Management noted strong demand across channels, with positive results from Nordstrom partnerships and retail store performance [79][80] Question: Pricing strategy across different channels - Management indicated successful pricing actions taken across brands, allowing for offsetting tariff impacts and maintaining gross margins [82][84] Question: Opportunities beyond Nordstrom for wholesale - Management acknowledged potential for expanding wholesale partnerships, particularly for Petal and Pup, while focusing on direct-to-consumer for Princess Polly [85][86]

Core Insights - Capri Holdings Limited (CPRI) reported a decline in total revenues but an increase in earnings for the first quarter of fiscal 2026, with results surpassing the Zacks Consensus Estimate [1][2][8] Financial Performance - Adjusted earnings per share for the quarter were 50 cents, significantly higher than the Zacks Consensus Estimate of 13 cents and up from 16 cents in the same quarter last year, driven by improved margins and cost control [2][8] - Total revenues amounted to $797 million, beating the Zacks Consensus Estimate of $774 million, but reflecting a 6% year-over-year decline on a reported basis and a 7.7% decline on a constant-currency basis [3][8] - Gross profit decreased by 6.2% year over year to $502 million, with a slight decrease in gross margin by 10 basis points to 63% [3] - Adjusted operating income was reported at $20 million, down from $31 million in the prior-year quarter, with an adjusted operating margin contracting 120 basis points to 2.5% [4] Segment Performance - Revenues from Michael Kors decreased by 5.9% year over year to $635 million, surpassing the Zacks Consensus Estimate of $622.5 million, with gross profit declining to $388 million and gross margin contracting by 100 basis points to 61.1% [5] - Jimmy Choo's revenues were $162 million, a 6.4% decrease on a reported basis, but above the Zacks Consensus Estimate of $153.5 million, with gross profit slightly down to $114 million and gross margin expanding by 330 basis points to 70.4% [6] Financial Health - As of the end of the quarter, Capri Holdings had cash and cash equivalents of $129 million, long-term debt of $1.65 billion, and total shareholders' equity of negative $13 million [7] - The operating cash flow for the first quarter was $20 million, while free cash flow totaled $7 million [7] Strategic Developments - Capri Holdings is in the process of selling Versace to Prada S.p.A. for $1.375 billion, with the transaction expected to close in the second half of calendar 2025 [8] - The company aims to stabilize performance and drive growth by fiscal 2027, focusing on strengthening the Michael Kors and Jimmy Choo brands [1][8] Outlook - For the second quarter of fiscal 2026, Capri Holdings expects total revenues between $815 million and $835 million, with projected earnings per share between 10 cents and 15 cents [12] - For the full fiscal 2026, total revenues are anticipated to be in the range of $3.375 billion to $3.45 billion, with earnings per share expected between $1.20 and $1.40 [14][15]

Core Insights - American Eagle's advertising campaign featuring Sydney Sweeney has sparked significant controversy due to its tagline "Sydney Sweeney Has Great Jeans," which critics argue evokes eugenics-era rhetoric [2][7][10] - The campaign represents American Eagle's largest advertising investment to date, aimed at boosting sales during the back-to-school season, a critical period for jeans sales [3][4] - Despite the backlash, the campaign has gone viral, leading to increased brand visibility and a notable rise in stock prices, with shares up over 20% since the campaign launch [22][24] Advertising Strategy - American Eagle aims to position itself as a trendsetter in denim, focusing on traditional advertising methods rather than promoting a cultural agenda [5][25] - The campaign has been described as a strategic effort to attract attention and challenge contemporary cultural norms, marking a shift in advertising approaches [24][25] Market Response - The backlash has been met with support from conservative commentators, with some viewing the controversy as a clever marketing tactic [10][11] - A YouGov poll indicates that 52% of respondents find the tagline appropriate, with higher acceptance among older demographics [18][20] Sales Performance - American Eagle's first-quarter revenues were down 5% to $1.1 billion, highlighting the need for a successful campaign to drive sales [4] - The company is expected to report second-quarter earnings soon, which will reflect only a few days of sales from the campaign [23] Cultural Context - The campaign has been criticized for its perceived sexual undertones and implications of racial superiority, drawing comparisons to past controversial advertisements [9][12] - Research indicates that American Eagle has struggled with cultural relevance, which may amplify the impact of advertising missteps [13][14]

When President Donald Trump hits "post" on Truth Social, Wall Street braces for impact. What Happened: Various stock prices — Tesla Inc TSLA, Boeing Co BA, Pfizer Inc PFE and American Eagle Outfitters Inc AEO to name a few — have either spiked or crashed, depending on Trump's praise or scorn. Let's dive into how his social media swagger jolts these giants, with real-time data showing the stakes and quick nods to other stocks he's rocked. Track AEO stock's recent wild ride here. Read Also: Trump Hails 'Best ...

Core Insights - President Trump's praise for Sydney Sweeney's ad campaign significantly boosted American Eagle Outfitters' stock value, which rose by 23.65% to close at $13.28 per share [1][3] - The stock reached a two-month high intraday, helping to mitigate year-to-date losses, which still stand at 20.3% [3] - The ad campaign has sparked controversy on social media, with some critics suggesting it promotes racial discrimination and eugenics [9] Company Performance - American Eagle's shares experienced their largest percentage increase since August 3, 2000, and the highest close since February 26 [3] - The stock's performance is notable given the ongoing year-to-date decline, indicating a potential recovery driven by external factors [3] Public Reaction and Controversy - Trump's comments about Sweeney being a registered Republican contributed to the positive reception of the ad, which features the tagline "Sydney Sweeney has Great Jeans" [4][8] - The ad has faced backlash for its perceived implications regarding race and genetics, prompting discussions in major media outlets [9] - American Eagle responded to the criticism by clarifying that the campaign is focused on the jeans and individual stories, not on any racial connotations [11]

Core Viewpoint - American Eagle's stock experienced a significant increase of 22% following President Donald Trump's endorsement of the company's marketing campaign featuring actress Sydney Sweeney, despite the stock being down 24% year-to-date prior to this event [1][3]. Group 1: Stock Performance - The stock price of American Eagle (AEO) rose to $13.19 at the time of reporting, marking a notable recovery after a year-to-date decline [1]. - The rally was primarily triggered by a post on Trump's Truth Social platform, where he praised the ad as the 'hottest' and claimed the jeans were 'flying off the shelves' [3][4]. Group 2: Marketing Campaign - The marketing campaign launched with the tagline 'Sydney Sweeney has great jeans,' which faced criticism for being overly sexualized and focusing on Sweeney's appearance rather than the product itself [5]. - American Eagle responded to the criticism by stating that the slogan aimed to highlight the jeans and promote body positivity and confidence [6]. Group 3: Market Context - Prior to Trump's endorsement, American Eagle had garnered attention from retail traders due to renewed interest in meme stocks, with over 13% of its shares sold short [7]. - The brand's strong recognition and the current market dynamics position it similarly to other recent meme stock plays, such as Opendoor [7].

Core Viewpoint - American Eagle Outfitters Inc. experienced a significant stock surge of up to 20% following an unexpected endorsement from President Donald Trump, highlighting the influence of political sentiment on stock performance [1][2]. Group 1: Stock Performance - AEO stock surged as much as 20% by early afternoon on Monday, driven by heavy trading volume [1]. - The stock had been down approximately 24% year-to-date but gained over 32% in the past month, influenced by the launch of Sydney Sweeney's campaign and Trump's endorsement [5]. Group 2: Political Influence - Trump's post praised Sydney Sweeney's American Eagle ad as the "HOTTEST out there" and criticized rival brands for being "woke," positioning American Eagle within a cultural and political context [2][3]. - The endorsement has turned American Eagle into a political meme stock, similar to previous speculative stocks, but with more retail fundamentals to support its valuation [3]. Group 3: Market Sentiment and Future Outlook - The surge in stock price appears to be sentiment-driven, as there were no new earnings or sales updates from the company at the time of the spike [4]. - Analysts are cautious, awaiting hard data to determine if the stock's rise is a genuine re-rating or a temporary spike, especially with the upcoming back-to-school season and tight margins in the apparel industry [5].

Core Viewpoint - American Eagle's stock is experiencing a significant increase, partly due to a new ad campaign featuring actress Sydney Sweeney and also due to President Trump's endorsement of the campaign [1][3]. Group 1: Stock Performance - American Eagle's stock has risen by 19% as of 12:35 p.m. ET following President Trump's praise for the ad campaign [3]. - The company is currently valued at $1.9 billion, with trailing-12-month earnings of $197 million and free cash flow of $212 million, indicating that the stock is relatively cheap at less than 10 times earnings and less than 9 times free cash flow [5]. Group 2: Earnings and Financial Outlook - Earnings are projected to double in 2024, reaching $1.68 per share, but are expected to fall below $1 by 2026, indicating potential volatility in stock valuation [6]. - The company has a net debt of $1.7 billion after accounting for cash on hand, which raises concerns about its debt load [6]. - American Eagle offers a dividend yield of 4.7%, which is considered generous [6]. Group 3: Political Implications - President Trump's endorsement could attract a segment of the American public to American Eagle's stores, potentially boosting sales and profits, but it may also alienate others due to the political nature of the endorsement [4].

As of Friday's close, shares of American Eagle were down more than 27% so far this year as the company grapples with larger macroeconomic concerns related to tariffs, consumer spending and its own merchandising missteps. A window display of actress Sydney Sweeney is seen on a window of an American Eagle store on August 01, 2025 in New York City. Earlier this year, the company said it would take a $75 million write-down in spring and summer merchandise after it pulled its full-year guidance due to slow sales ...