REPORT Aeropostale reported that its first quarter net sales decreased 20 percent to 318.6 million dollars, from 395.9 million dollars in the year ago period. Comparable sales, including the e-commerce channel, for the first quarter decreased 11 percent, compared to a decrease of 13 percent for the […]

REPORT New York & Company, apparel chain with 504 retail stores, said that for the first quarter ended May 2, 2015, net sales were 223.4 million dollars, as compared to 219.6 million dollars in the prior year. Comparable store sales increased 1.8 percent, following a decrease of 2.2 percent for the […]

REPORT Gap reported first quarter fiscal year 2015 net income was 239 million dollars or 0.56 dollars per share on a diluted basis. The company also reaffirmed its full year earnings per share guidance to be in the range of 2.75 dollars to 2.80 dollars. Gap’s net sales decreased 3 percent to 3.66 billion […]

REPORT Richemont for the year ended March 31, 2015 grew sales by 4 percent to 10, 410 million euros (11,597 million dollars); and by 1 percent at constant exchange rates. However, profit for the year decreased by 35 percent. Gross profit increased by 6 percent, despite currency headwinds for much of […]

Spanish fashion label Desigual keeps growing, although at a slower pace. The fashion group reported a turnover of 273.5 million euros over its first fiscal quarter, 6.5 percent more than in the same period of 2014, mainly due to the opening of new stores and points sale. Eurazeo, the French investment […]

REPORT Ross Stores reported earnings per share of 1.37 dollars for the first quarter ended May 2, 2015, up from 1.15 dollars in the prior year. Net earnings grew to 282 million dollars, compared to 244 million dollars for the same period in 2014. Adjusting for the expense timing, first quarter earnings […]

ANALYSISBurberry Group PLC disappointed investors as the company lowered its guidance for the full-year. Equally gloomy, the company’s CEO advanced that "At this early stage of the year, we are seeing increased uncertainty in some markets.” Bailey’s warning nothing but dragged Burberry’s shares performance, […]

ANALYSISBritish mother and baby apparel retailer Mothercare took the market by storm Thursday when it reported pre-tax losses narrowed to 13.1 million pounds in the year to March 28 from 26.3 million pounds the previous year. The retailer, which has struggled considerably over the past years, has shown […]

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