For the full year, sales of the Hugo Boss Group, the company said in a statement, rose by 2 percent to 2,796 million euros (3,160.7 million dollars) in 2018 and on a currency-adjusted basis, the increase was 4 percent. The company added that decline in gross profit margin is mainly due to investments […]

American Eagle Outfitters, Inc. (AEO) reported EPS of 43 cents for the 13 weeks ended February 2, 2019 compared to 52 cents for the 14 weeks ended February 3, 2018, which included the benefit of an extra week of sales due to the retail calendar. The company said adjusted EPS of 44 cents last year excluded […]

For the fourth quarter to December 31, 2018, Sequential Brands Group, Inc. said on a GAAP basis, net loss was 2.2 million dollars or 3 cents per diluted share. Under ASC 605, the company added, GAAP net loss would have been 1.2 million dollars or 2 cents per diluted share compared to net loss of 162.9 […]

For the full year ended February 2, 2019, Abercrombie & Fitch said, net sales of 3.6 billion dollars increased 3 percent from last year, despite the adverse impact from the loss of fiscal 2017's 53rd week, while comparable sales increased 3 percent on top of 3 percent last year. Gross profit rate was […]

For the thirteen weeks ended February 2, 2019, Chico’s FAS reported a net loss of 16.6 million dollars or 14 cents per share compared to net income of 28 million dollars or 22 cents per diluted share, for the fourteen weeks ended February 3, 2018, while adjusted net loss was 8.6 million dollars or 7 […]

Diesel USA Inc, the denim and accessory brand and subsidiary of Diesel S.p.A., filed for chapter 11 bankruptcy protection on Tuesday, blaming mounting losses, expensive leases, cyber fraud and changing consumer buying habits. According to a court filing in the US Bankruptcy Court in Delaware, the company […]

Superdry is set to cut over 100 jobs at its Cheltenham headquarters as part of its cost-cutting plan. While the exact number is not yet clear, it is expected that between 100 and 200 jobs will be lost following last year’s announcement by the company that it was aiming to make cost-cutting savings of […]

For the year to January 28, 2019, UK-based clothing retailer Jack Wills reported a marginal 1.1 percent decline in sales to 129.3 million pounds. However, in a filing with the Companies House UK, the company said, gross margin earned on sales declined by 50.98 percent and Ebitda before exceptional items […]

For its first half period to January 26, 2019, Australian department store operator Myer said total sales were down 2.8 percent to 1,671.4 million Australian dollars (1,175 million dollars); while comparable store sales declined 2.3 percent. However, Myer posted net profit of 38.4 million Australian […]

Urban Outfitters, Inc. announced net income of 86 million dollars and 298 million dollars for the three months and year ended January 31, 2019, respectively, while earnings per diluted share were 80 cents and 2.72 cents for the three months and year ended January 31, 2019, respectively. Total company […]

Related news

MORE NEWS

 

LATEST JOBS

 

MOST READ