Mothercare plc, for its 53 week period to March 30, 2019, said total group adjusted loss including discontinued operations before taxation and foreign currency revaluations of was 11.6 million pounds (14.7 million dollars) compared to 2.3 million pounds in 2018, with statutory loss before tax of 87.3 […]

Safilo Group has announced the sale of the US retail chain Solstice to Fairway LLC, a US limited liability company, formed by a group of investors active in the US and in the European eyewear retail business. The company said in a statement that the transaction is expected to be completed within the […]

Nordstrom, Inc. has announced that its board of directors approved a quarterly dividend of 37 cents per share payable on June 18, 2019, to shareholders of record at the close of business on June 3, 2019. Nordstrom operates 380 stores in 40 states, including 119 full-line stores in the United States, […]

Ross Stores, Inc. has reported earnings per share for the 13 weeks ended May 4, 2019 of 1.15 dollars up from 1.11 dollars for the same period last year. Net earnings for the quarter were 421 million dollars compared to 418 million dollars in the prior year. The company said, sales for the period grew […]

In its financial results statement for the fourth fiscal quarter and fiscal year ended March 31, 2019, Deckers Brands said, fourth quarter net sales decreased 1.6 percent or 1.4 percent on constant currency to 394.1 million dollars, while full year net sales increased 6.2 percent to 2.020 billion dollars […]

Abercrombie & Fitch Co. has said that its board of directors declared a quarterly cash dividend of 20 cents per share on the Class A Common Stock of the company, payable on June 17, 2019 to stockholders of record at the close of business on June 7, 2019. The company operates over 850 stores under Abercrombie […]

The Cato Corporation reported net income of 21.3 million dollars or 87 cents per diluted share for the first quarter ended May 4, 2019, compared to 23.4 million dollars or 94 cents per diluted share for the same quarter last year, a decrease of 9 percent and 7 percent, respectively. Sales for the quarter […]

Swiss mountaineering specialist Mammut is the industry’s first to offer companies products with NFC technology, which promise consumers new services via an app. Mammut Connect works with an integrated NFC chip Already at the OutDoor trade fair last summer, there was talk about it, with the chip being […]

Topshop owner Sir Philip Green is planning to close 23 stores in his retail empire as part of a CVA proposal, putting 520 jobs at risk. Arcadia, which owns Topshop, Dorothy Perkins, Miss Selfridge, Wallis, Evans and Burton, is also asking for rent cuts at 194 of its 566 UK and Irish stores, and plans […]

INTERVIEWPart vetted manufacturer network, part production management tool, Supplycompass wants to make it easier for small and medium-sized fashion, accessories and interior brands to source responsibly-produced products overseas. The company connects around 40 of these brands to a select group of […]

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