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 […]

The Australian operations of international denim designer G-Star RAW have gone into voluntary administration. Denim Enterprises, which trades as G-Star and has the rights to sell the Dutch designer’s apparel within Australia, entered voluntary administration on February, 2. Gess Rambaldi and Andrew […]

After struggling for months, trying to find an alternative, Caché Inc (CACH.O) has become the fifth US apparel retailer to file for bankruptcy in three months. Meanwhile, the retailer will keep on looking for strategic solutions. Caché is seeking a "stalking horse" bidder for its assets and it has received […]

REPORT Ralph Lauren Corporation has reported that net revenues for the third quarter of fiscal 2015 rose 1 percent to 2 billion dollars. Excluding the net negative impact from foreign currency effects, net revenues increased approximately 3 percent, reflecting growth in all geographic regions. Net income […]

REPORT Kohl’s Corporation has reported fourth quarter comparable sales of 3.7 percent and updated its fiscal 2014 diluted earnings per share guidance to 4.20 dollars to 4.22 dollars. “We are pleased with our fourth quarter sales as we saw our base business improve and our new strategic framework, the […]

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