REPORT_ Abercrombie & Fitch reported unaudited financial results that reflected GAAP net income of 18.2 million dollars and net income per diluted share of 0.25 dollars for the thirteen weeks ended November 1, 2014, compared to GAAP net loss of 15.6 million dollars and net loss per basic and diluted […]

REPORT_ Net sales of the Hema Group decreased by 9.6 million euros (11.8 million dollars), or 3.4 percent, from 280.7 million euros (346.4 million dollars) in the third quarter of fiscal year 2013 to 271.1 million euros (334.4 million dollars) in the third quarter of fiscal year 2014 ended November […]

REPORT_ Edinburgh Woollen Mill has reported that its pre-tax profits increased 26 percent to 71.3 million pounds (111.5 million dollars) in the 52 weeks to March 1, 2014. EBITDA increased 45 percent to 86.9million pounds (135.9 million dollars) on the back of constant focus on customers and costs. The […]

REPORT_ Ascena Retail Group announcing its financial results for its fiscal first quarter ended October 25, 2014 said that its net sales of 1.2 billion dollars for the first quarter of fiscal 2015 were flat compared to the first quarter of fiscal 2014, owing to new store growth at Justice and Maurices […]

REPORT_ Black Friday helped deliver the biggest week ever for sales in John Lewis's 150 year trading history. Overall sales were up 21.8 percent on last year with online sales recording a 42.2 percent year-on-year growth. Several shops achieved record takings on Black Friday itself, including Oxford […]

REPORT_ Bestseller, having brands like Jack & Jones and Vero Moda under its portfolio, said that the company’s turnover reached 2.7 billion euros (3.3 billion dollars) and pre-tax profit of 228.2 million euros (283.8 million dollars) during the financial year 2013/14. “A 21 percent increase […]

Bonmarché announcing its interim results for the 26 week period ended September 27, 2014 said that its total revenues went up 11.8 percent at 91.1 million pounds (142.7 million dollars). Like-for-like sales at its stores increased 7.8 percent, whereas profit before tax of 6.4 million pounds (10 […]

High-end lingerie wholesaler, Naughty Knickers has secured 50,000 pounds in funding from Manchester-based, invoice finance specialists, Positive Cashflow Finance. The Newcastle-based business, founded by Sarah Northey three years ago and incorporated in April 2014, first started selling direct to consumers […]

L Capital Asia, the private equity fund driven by luxury conglomerate LVMH, has taken a majority stake in Australian swimwear label Seafolly for an disclosed amount, following weeks of speculation. “Our partnership with L Capital cements plans for international expansion and the development of […]

REPORT_ November 2014 same-store sales at Uniqlo Japan increased by 1.9 percent year on year while sales at its own stores increased by 4.1 percent. Total sales including online sales at the company increased by 4.7 percent. The company has said that Uniqlo’s 30th anniversary celebrations and […]

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