Gap Inc has announced that its board of directors authorized a second quarter fiscal year 2019 dividend of 2425 cents per share, payable on or after July 31, 2019 to shareholders of record at the close of business on July 10, 2019. Gap offers clothing, accessories, and personal care products for men, […]

Shoe Carnival, Inc. reported increase in first quarter earnings per diluted share of 9.6 percent to 91 cents. The company is reiterating its net sales and raising its earnings per diluted share outlook to reflect the tax benefit recognized in first quarter of fiscal 2019. Net sales are expected to be […]

L Brands, Inc. net sales for the first quarter to May 4, 2019 were 2.629 billion dollars compared to 2.626 billion dollars for the same quarter last year. Comparable sales for the quarter were flat compared to the quarter ended May 5, 2018. The company said in a statement that comparable sales declined […]

For its fourth quarter and full year ended March 30, 2019, VF Corporation , said revenue increased 6 percent or 9 percent in constant dollars to 3.2 billion dollars and 12 percent or 13 percent in constant dollars to 13.8 billion dollars, respectively. VF’s board of directors declared a quarterly dividend […]

For its full year to March 30, 2019, Marks and Spencer Group Plc (M&S) reported 9.9 percent decline in profit before tax & adjusting items to 523.2 million pounds (663 million dollars), driven by headwinds on sales, partly offset by the operating costs transformation programme. The company said, […]

Urban Outfitters, Inc. announced net income of 33 million dollars and earnings per diluted share of 31 cents for the three months ended April 30, 2019 compared to 41 million dollars and 38 cents respectively in the same period last year. Total company net sales increased 1 percent to 864 million dollars. […]

Nordstrom, Inc. reported earnings per diluted share for the first quarter ended May 4, 2019 of 23 cents compared to 51 cents last year, while the company said, total net sales decreased 3.5 percent to 3,349 million dollars. Nordstrom said, top-line results were impacted by — loyalty, digital marketing […]

More than 170 shoe retailers, including Nike, Under Armour, Adidas, Foot Locker, and Ugg, have published a letter urging president Donald Trump to reconsider raising tariffs on footwear imported from China. “As an industry that faces a $3 billion duty bill every year, we can assure you that any increase […]

Trade union leaders are not pleased with the announcement that the Bangladesh Accord on Fire and Building Safety is supposed to leave the country in less than a year. The Bangladesh Accord shall be replaced in 281 days by another entity called RMC Sustainability Council (RSC), to be governed by a board […]

LVMH Moët Hennessy Louis Vuitton is working to solve the global problem of counterfeited luxury goods. The luxury group has launched AURA, the first international blockchain made to help consumers trace the and authenticity of luxury goods. The AURA platform was developed through Microsoft and blockchain […]

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