Tailored Brands, Inc., for the fourth quarter ended February 2, 2019, reported GAAP net earnings of 6.2 million dollars or 12 cents per diluted share and adjusted net loss of 14.2 million dollars or 28 cents per diluted share. For the fiscal year, the company reported GAAP net earnings of 83.2 million […]

Net revenues at Vera Bradley totalled 118.2 million dollars for the fourth quarter ended February 2, 2019 compared to 132 million dollars in the prior year fourth quarter. The company said, revenues were at the high end of its guidance range of 114 to 119 million dollars. The company posted net income […]

Express, Inc. for its fourth quarter reported decrease in net sales of 10 percent to 628.4 million dollars, while comparable sales including e-commerce sales decreased 6 percent, compared to a 1 percent decrease in the fourth quarter of 2017. The company said net loss was 1.1 million dollars or 2 cents […]

UK businesses have urged MPs to provide clarity over their future trading arrangements following Parliament’s rejection of PM Theresa May’s EU withdrawal plan on Tuesday. In a statement released by British Retail Consortium (BRC), chief executive Helen Dickinson warned that the public would be hit hard […]

In contrast to the market trend, Italian footwear brand Valleverde, led by Elvio and Paolo Silvagni, reported a turnover of 16 million euros (18.8 million dollars), an increase of 18.5 percent compared to 13.5 million euros in 2017. The company said, these numbers are driven by the Italian market, which […]

In 2018, Adidas reported currency-neutral revenue growth of 8 percent driven by a 9 percent improvement at brand Adidas, reflecting a double-digit sales increase in sport inspired as well as a high-single-digit gain in sport performance. In euro terms, the company’s revenues grew 3 percent to 21.915 […]

Maternity and babywear specialist Mothercare has offloaded its Early Learning Centre (ELC) business to Teal Brands, the owner of toy specialist the Entertainer Group, for 13.5 million pounds as part of the company’s wider cost-cutting turnaround scheme. In a statement released by Mothercare on Tuesday, […]

Zara-owner Inditex Group’s net sales rose by 3 percent in FY18 to 26.14 billion euros (29.53 billion dollars), underpinned by growth in all of the group’s geographic regions, while sales in local currencies grew 7 percent. The company said, like-for-like sales were up 4 percent and positive across all […]

As of December 31, 2018, the Salvatore Ferragamo Group reported total revenues of 1,347 million euros (1,520 million dollars), down 3.3 percent at current exchange and 1.7 percent at constant exchange rates, while revenues in 4Q 2018, the company said, registered a 3.5 percent or 1.8 percent at constant […]

In the year 2018, Aeffe Group registered sales of 346.6 million euros (391 million dollars), with a 11.2 percent increase at constant exchange and 10.9 percent at current exchange rates. Due to improvement in operating profit, in 2018 the company’s profit before taxes amounted to 28.8 million euros […]

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