Thursday left with another myriad of corporate announcements, being that of Michael Kors and Bebe the ones catching everyone´s attention. In London, Austin Reed Group’s creditors have approved the “likely” closure of 31 stores across the UK and other measures outlined in the business’s Company Voluntary […]

REPORT The Cato Corporation has reported sales of 54.9 million dollars for the four weeks ended January 31, 2015, an increase of 14 percent from sales of 48.1 million dollars for the four weeks ended February 1, 2014. Same-store sales for the month increased 14 percent from last year. Sales for fiscal […]

REPORT Michael Kors revenues for the third quarter ended December 27, 2014 increased 29.9 percent to 1.3 billion dollars from 1 billion dollars in the third quarter of fiscal 2014. On a constant currency basis, total revenue increased 32.6 percent. Retail net sales increased 37 percent to 689.4 million […]

REPORT The Board of Directors of Yoox, in its preliminary results for the year ending December 31, 2014 said that in 2014, the Group recorded consolidated net revenues, net of returns and customer discounts, of 524.3 million euros (598.5 million dollars), up 15.1 percent or over 17.7 percent at constant […]

REPORT IC Group revenue was 1,426 million Danish Krona (217.8 million dollars) in the first half of 2014/15, representing an increase of 3.3 percent or 5.5 percent in local currency, compared to the same period last year. Gross margin was 55.1 percent for the Group’s continuing operations, which was […]

REPORT Gildan Activewear reported a net loss of 41.2 million dollars or 0.34 dollars per share on a diluted basis for the three months ended January 4, 2015, compared with net earnings of 41.7 million dollars or 0.34 dollars per share for the three months ended December 29, 2013. Before reflecting restructuring […]

REPORT Zumiez, retailer of action sports related apparel, footwear, equipment and accessories reported total net sales increase of 16 percent to 44.1 million dollars for the four-week period ended January 31, 2015. This figure compares to 38.1 million dollars registered for the four-week period ended […]

REPORT For the full year 2014, net revenues at Under Armour increased 32 percent to 3.08 billion dollars compared with 2.33 billion dollars in the prior year and compared with the company's prior outlook of 3.03 billion dollars. Diluted earnings per share for 2014 increased 27 percent to 0.95 dollars […]

ANALYSIS Ralph Lauren Corporation (RL) has run out of its lucky star during the third quarter of fiscal 2015, as, after posting better-than-expected results in the trailing four quarters, the upscale fashion retailer disappointed with lower-than-expected top and bottom lines for its third quarter of […]

Athletic apparel brand Under Armour Inc. (UA) has agreed to acquire MyFitnessPal for 475 million dollars, in a deal that expands the retailer's digital fitness platform. Under Armour said the addition of MyFitnessPal adds nutritional resources such as a calorie counter, nutrition and exercise tracker […]

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