Ron Johnson, former Apple executive and brand new member to Nasty Gal’s board of directors, has made a 16 million dollars investment in the retailer. Johnson is an old acquaintance of the retailer’s new CEO, Sheree Waterson. As broke by ‘RE/Code’, the LA-based fashion retailer counts with a new and […]

REPORT MySale Group in its interim results for the six months ended December 31, 2014 said that its revenue increased 8 percent. Revenue in South-East Asia increased over 30 percent; in ANZ, over 3 percent. The company reported gross profit of 28.3 million Australian dollars (22.1 million dollars) and […]

Gap Inc.’s fourth-quarter revenue grew by 3 percent, lifted by improved sales at Old Navy stores that helped offset a drop-off at the company’s namesake brand. Now, Gap Inc (GPS.N) forecast a drop in full-year profit, alluding to a strong dollar, shipment delays due to disruptions at US West Coast ports […]

ANALYSIS After increasing its earnings guidance more than a couple of times in the year ended in January, L Brands Inc has ended projecting earnings for the current year below Wall Street estimates. Profit this fiscal year will be something between 3.45 and 3.65 dollars a share, compared to the market […]

Fashion retailer Esprit Holdings Ltd. (0330.HK) said interim sales for the six months ended December 2014 were "far from satisfactory and below expectation". Reasons – seen as excuses by some in the trade – ranged from unusually warm weather in Europe, an depreciating euro to a reduction in store space […]

REPORT GAAP revenue increased 0.5 percent for the fiscal year 2014 to 1.2 billion dollars. On a constant currency basis, revenue increased 1.8 percent as compared to the prior year. For the fourth quarter, revenue was 206.5 million dollars, a decline of 9.7 percent as compared to the fourth quarter […]

REPORT Gap’s diluted earnings per share increased 10 percent for the fourth quarter of fiscal year 2014 to 0.75 dollars per share and 5 percent to 2.87 dollars for the 2014 fiscal year. Excluding the year-over-year impact from foreign exchange, the company’s diluted earnings per share increased approximately […]

Liverpool-based online retailer Shop Direct has implemented a new 'digital-first' policy which has lead to 95 employees in the city and the Greater Manchester area being made redundant. The roles being cut include creative roles, buying, merchandising, planning, scheduling, operations and customer service, […]

REPORT Iconix Brand Group registered total revenue for the full year 2014 of approximately 461.2 million dollars, a 7 percent increase as compared to approximately 432.6 million dollars for the prior year. Licensing revenue was about 406.9 million dollars, a 2 percent increase. Other revenue for the […]

Fashion retailer Gerry Weber International at today's annual accounts press conference, confirmed the preliminary figures for the past fiscal year 2013/14 published at the end of January 2015. Despite difficult framework conditions, the firm was able to keep its sales revenues more or less unchanged […]

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