REPORT Comparable store sales in the second quarter of fiscal 2015 at Bon-Ton Stores decreased 1.3 percent and total sales in the period decreased 1.4 percent to 555.4 million dollars, compared with 563.5 million dollars in the second quarter of fiscal 2014. Year-to-date fiscal 2015 comparable store […]

Department store chain Sears Holdings Corp. (SHLD) posted second-quarter net income attributable to shareholders of 208 million dollar, or 1.84 dollar per share, compared to net loss of 573 million dollar, or 5.39 dollar per share in the comparable quarter last year. Quarterly revenues decreased year-over-year […]

REPORT L Brands, reporting its second quarter results said that earnings per share increased 8 percent to 0.68 dollar compared to 0.63 dollar for the quarter ended August 2, 2014, including a 0.02 dollar negative foreign exchange impact. Second quarter operating income increased 7 percent to 402.9 million […]

Contemporary brand American Rag Cie delves into creating a name for itself in the manufacturing world. The Los Angeles-based label known as a special retailer recently announced its switch to manufacturer. The brand is popular in the local Los Angeles area for providing basic knits, premium denim, outerwear, […]

Jessica Simpson's billion dollar label is now expanding to a new category: activewear. The new line will be called Jessica Simpson The Warm Up. This marks the first major category expansion for her brand since it was acquired by Sequential Brands Group in April. Sequential has a majority stake in the […]

REPORT American Eagle Outfitters reported EPS of 0.17 dollar for the second quarter ended August 1, 2015, a significant increase from EPS of 0.03 dollar for the comparable quarter last year, and above EPS guidance of 0.11 dollar to 0.14 dollar. Total net revenue increased 12 percent to a record 797 […]

Chinese sportswear maker China Dongxiang Group Co. Ltd. (CDGXF) reported that profit attributable to equity holders of the company soared to RMB290 million from RMB96 million in the prior-year period. Earnings per basic share were RMB5.26 cents, up from last year's RMB1.75 cents. Revenue for the first […]

China's triple yuan devaluation could hit France's lucrative luxury sector, which has already been impacted by Beijing's tough anti-corruption drive against spendthrift officials, analysts say. The Asian powerhouse's central bank cut the value of the yuan currency, also known as the renminbi, three […]

ANALYSISYears of restructuring are finally paying off for Chinese sportswear maker Li Ning Co Ltd, as the second world’s largest economy’s retailer posted a narrower first-half loss and said it aims to return to profit by the end of 2015. "The company will continuously improve its operating efficiency, […]

Tracksmith, a running apparel brand based in Boston, has gathered 4.1 million dollars in new funding led by Pentland Group. Pentland Group, the management group behind Reebok, Speedo, and Lacoste footwear, among other sporting brands, led the Series A round, which brings the company’s funding total […]

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