Nordstrom, Inc. reported that its first quarter net sales decreased 40 percent to 2,026 million dollars from last year. The company said in a statement that loss per diluted share was 3.33 dollars, which included charges of 1.10 dollars associated with the impact of Covid-19. “We successfully strengthened […]

The company reported a Q1 net loss on Thursday. Compared with the same period last year, revenues also slipped by 39.5 percent. For Q1, the company's net profit was -62 million dollars, which decreased from 513 million dollars last year. Revenues decreased to 2,026 million dollars. The profit margin […]

Abercrombie & Fitch Co. has reported net loss per diluted share of 3.90 dollars and 3.29 dollars on a reported and adjusted non-GAAP basis compared to net loss per diluted share of 29 cents on both, reported and adjusted non-GAAP basis last year. Net sales for the quarter declined by 34 percent […]

The company reported a Q1 net loss on Thursday. Revenues slipped by 33.9 percent from the same period last year. The company's net loss for Q1 was -244 million dollars, surged from -19 million dollars a year earlier. Furthermore, revenues slipped to 485 million dollars. Abercrombie & Fitch (NYSE: ANF) […]

Revenue at Steve Madden decreased 13.6 percent to 359.2 million dollars compared to the same period of 2019. The company said in a statement that gross margin for the quarter was 37.2 percent compared to 38.9 percent in the same period last year. The company added that net loss attributable to Steven […]

Online fashion retailer Zalando, the Sustainable Apparel Coalition (SAC) and technology company Higg Co have announced their new collaboration, a new global sustainability standard for fashion brands and retailers, meant to accelerate sustainability industry wide. With SAC’s updated version of the Higg […]

Boohoo has announced the acquisition of the remaining 34 percent of shares in Prettylittlething.com Limited (PLT) from its minority shareholders Umar Kamani and Paul Papworth for an initial consideration of 269.8 million pounds, potentially rising to 323.8 million pounds. The company said in a statement […]

Rocket Internet SE, confirming its pre-released first quarter result said that the company’s revenues reached 20 million euros and a consolidated loss of 162 million euros compared to 140 million euros of profit in the same quarter of 2019, representing minus 1.18 euros earnings per share. The company […]

The company reported a Q4 net loss on Wednesday. Revenues dropped by 15.4 percent from the same period last year. For Q4, the company's net loss was 249 million dollars, slipped from 32 million dollars last year. Revenues decreased to 1,274 million dollars. The profit margin of the company decreased […]

Ralph Lauren Corporation has reported loss per diluted share of 3.38 dollars on a reported basis and loss of 68 cents on an adjusted basis, for the fourth quarter of fiscal 2020 compared to earnings per diluted share of 39 cents on a reported basis and 1.07 dollars on an adjusted basis for the same […]

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