REPORT G-III Apparel Group reported net sales rise of 18 percent to 433 million dollars for the first quarter of fiscal 2016 compared to 366.2 million dollars in the year-ago period. The company's net income for the first quarter was 6.8 million dollars, or 0.15 dollars per diluted share, as compared […]

REPORT Ascena Retail Group, for its fiscal third quarter ended April 25, 2015 reported earnings from continuing operations of 0.15 dollars per diluted share compared to 0.22 dollars in the same period of fiscal 2014. Adjusted earnings from continuing operations were 0.18 dollars per diluted share, compared […]

REPORT For the first quarter of fiscal 2016, Guess reported net earnings of 3.3 million dollars, compared to a net loss of 2.1 million dollars for the first quarter of fiscal 2015. Diluted earnings per share were 0.04 dollars, compared to diluted loss per share of 0.03 dollars for the prior-year quarter, […]

REPORT For the 52 weeks to March 28, 2015, New Look reported revenues of over 3.4 percent at 1,414.5 million pounds (2,155.1 million dollars). New Look brand like-for-like sales increased over 4 percent, whereas like-for-like sales in UK were up over 5 percent. The company’s E-commerce sales rose 34 […]

REPORT Uniqlo Japan, part of the Fast retailing Group reported same-store sales increase of 12.3 percent year on year in May 2015, while sales at its directly-run stores increased by 12.2 percent. Total sales including online sales increased by 12.8 percent. Same-store sales increased year on year in […]

REPORT Revenue increased 3 percent on a constant currency basis and decreased 4 percent on a GAAP basis in the first quarter at PVH Corp, compared to the prior year’s first quarter revenue of 1.96 billion dollars. Earnings per share for the quarter were 1.50 dollars on a non-GAAP basis, including 0.27 […]

Gryphon Investors, a San Francisco-based private equity firm, has just announced that it has entered into a definitive agreement with Boot Barn Holdings, Inc. (NYSE: BOOT) to sell its portfolio company Sheplers, Inc. The transaction has been sealed at 147 million dollars in cash. In comparison, for […]

KKR & Co and Dubai-based Fajr Capital are reportedly close to buying a 25 percent stake in fashion retailer Azadea Group. According to three sources aware of the matter quoted by Reuters, "The deal isn't done but it's getting closer.” This would be the US private equity firm's first Middle Eastern investment. […]

REPORT For the fiscal year 2014, Giorgio Armani reported that earnings before interest, taxes, depreciation increased 5.7 percent to 507 million euros (553.9 million dollars) or about 674.3 million euros (736.2 million dollars) at current exchange rate from 479.8 million euros (524.1 million dollars), […]

ANALYSISThe second-largest maker of luxury goods has forecast profitability to drop this year as the surge in the Swiss franc increases the cost to produce timepieces by some of Richemont group’s most popular brands. Now, the Swiss group expects gross margin to come in at about 65 percent in the 12 […]

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