Oxford news and archive

Oxford ups FY guidance on strong Q1 earnings

US fashion company Oxford Industries has raised its full-year outlook after reporting robust revenue and earnings in the first quarter of the year. In the three months ended April 30, the company’s net earnings increased to 57.4 million dollars from 28.5 million dollars a year earlier. That came as its sales increased 33 percent to 353 million...

Report

Oxford names Milford McGuirt to the company’s board of directors

Oxford Industries, Inc. has announced the appointment of Milford W. McGuirt to the company’s board of directors. McGuirt, the company said in a statement, retired as managing partner of KPMG’s Atlanta Office and Mid-South Region. “With more than 40 years of experience in public accounting and audit services, Milford brings valuable financial...

Management

Oxford Industries posts rise in Q2 net sales and earnings

Oxford Industries, Inc. reported consolidated net sales increase of 6 percent to 302.6 million dollars compared to 284.7 million dollars in the second quarter of fiscal 2017. The company said, earnings on a GAAP basis were 1.61 dollars per share compared to 1.36 dollars in the same period of the prior year, while on an adjusted basis, earnings...

Report

Fast-fashion brand Quiz opens new store in Oxford

Omni-channel fast fashion brand has announced the opening of its new store at Westgate shopping centre, Oxford. The company said, situated in the heart of the shopping centre, the 2828 sq. ft. store stocks Quiz’s latest product range of apparel, shoes and accessories. The store also offers click and collect service of Quiz’s full product range,...

Business

Oxford Industries buys lifestyle brand Southern Tide for 85 million dollars

Oxford Industries has bought US lifestyle apparel company Southern Tide from private equity firm Brazos for a price reported to be 85 million dollars. Southern Tide CEO Christopher H Heyn and COO/CFO Rob Iorio will stay with the company under its new owners. Atlanta-based Oxford, owner of Tommy Bahama and Lilly Pulitzer, said the brand should...

People

Michelle Kelly takes over as the Group CEO of Lilly Pulitzer

Oxford Industries has said that Scott A. Beaumont and James B. Bradbeer, Jr. will retire from their positions as Co- Group CEOs of Lilly Pulitzer on April 1, 2016. Michelle Kelly, Lilly Pulitzer's current President, will succeed them as Group CEO of the company. Beaumont and Bradbeer will continue as advisors to Oxford. “Scott and Jim are...