REPORT L Brands, reporting its second quarter results said that earnings per share increased 8 percent to 0.68 dollar compared to 0.63 dollar for the quarter ended August 2, 2014, including a 0.02 dollar negative foreign exchange impact. Second quarter operating income increased 7 percent to 402.9 million […]

REPORT American Eagle Outfitters reported EPS of 0.17 dollar for the second quarter ended August 1, 2015, a significant increase from EPS of 0.03 dollar for the comparable quarter last year, and above EPS guidance of 0.11 dollar to 0.14 dollar. Total net revenue increased 12 percent to a record 797 […]

Chinese sportswear maker China Dongxiang Group Co. Ltd. (CDGXF) reported that profit attributable to equity holders of the company soared to RMB290 million from RMB96 million in the prior-year period. Earnings per basic share were RMB5.26 cents, up from last year's RMB1.75 cents. Revenue for the first […]

China's triple yuan devaluation could hit France's lucrative luxury sector, which has already been impacted by Beijing's tough anti-corruption drive against spendthrift officials, analysts say. The Asian powerhouse's central bank cut the value of the yuan currency, also known as the renminbi, three […]

When Abercrombie & Fitch went on their hiring spree in June, they were still looking to fill the imperative role of women's designer. Finally, the role has been filled. Kristina Szasz, previously design director for Tommy Hilfiger denim and Karl Lagerfeld, will be stepping into the role of Abercrombie […]

Tracksmith, a running apparel brand based in Boston, has gathered 4.1 million dollars in new funding led by Pentland Group. Pentland Group, the management group behind Reebok, Speedo, and Lacoste footwear, among other sporting brands, led the Series A round, which brings the company’s funding total […]

ANALYSISIf barely a week ago American Apparel rang all the alarms by missing the regulatory filing deadline to submit its second-quarter results as they were worse than expected, now the troubled retailer warns it might not have enough money even to keep the business afloat for another year. So, as […]

Schwartzman Pictures Inc. has a bone to pick with Vans. The Los Angeles-based film production company has accused the popular skate shoes brand for ripping off their "Rad" logo from their 1986 film of the same name. They have filed suit against Vans Inc. taking the first step in the legal process against […]

ANALYSISYears of restructuring are finally paying off for Chinese sportswear maker Li Ning Co Ltd, as the second world’s largest economy’s retailer posted a narrower first-half loss and said it aims to return to profit by the end of 2015. "The company will continuously improve its operating efficiency, […]

REPORT The TJX Companies’ net sales for the second quarter of fiscal 2016 increased 6 percent to 7.4 billion dollars and consolidated comparable store sales increased 6 percent over last year's 3 percent increase. Net income for the second quarter was 549 million dollars and diluted earnings per share […]

Related news