In a call with analysts to discuss second-quarter and first-half results, LVMH said its Donna Karan and Marc Jacobs brands were being restructured under new management teams and that Marc Jacobs was suffering from wholesalers' "wait-and-see attitude". "We are in the eye of the hurricane," LVMH’s Finance […]

REPORT HanesBrands said that its second quarter results were driven by continued acquisition benefits, global supply chain performance and margin expansion. Net sales increased 13 percent to 1.52 billion dollars in the quarter ended July 4, 2015, while adjusted operating profit excluding actions increased […]

REPORT Deckers Brands net sales in the first quarter increased 4.5 percent to 221 million dollars on a constant currency basis compared to 211.5 million dollars for the same period last year. On a reported basis, net sales increased 1.1 percent. Gross margin was 40.5 percent compared to 41 percent for […]

REPORT Columbia Sportswear Company said that its net sales for the quarter ended June 30, 2015 grew 17 percent or 21 percent on constant-dollar, to 380.2 million dollars, compared with net sales of 324.2 million dollars for the same period in 2014. Through the first six months, the company's net sales […]

REPORT Revenue for the second quarter at Crocs was 345.7 million dollars. On a constant currency basis, revenue decreased 1.1 percent as compared to the prior year. Net income attributable to common stockholders on a GAAP basis was 9.7 million dollars per diluted share and earnings per share were 11 […]

REPORT Steve Madden, for the second quarter ended June 30, 2015 said that its net sales increased 9.4 percent to 323.6 million dollars compared to 295.7 million dollars in the same period of 2014. Gross margin was 35.9 percent compared to 36.2 percent in the same period last year. Operating income totaled […]

REPORT Skechers USA reported that its second quarter 2015 net sales were 800.5 million dollars compared to 587.1 million dollars for the second quarter of 2014. Gross profit was 374.6 million dollars, or 46.8 percent of net sales, compared to 269.4 million dollars, or 45.9 percent of net sales, for […]

Canadian menswear company Grafton Fraser Inc., the privately held owner of chains such as Tip Top Tailors and Mr. Big & Tall, has acquired all 35 Jones New York retail stores across Canada. The move will allow the brand to survive in Canada even though its US stores are closing, highlights the ‘Financial […]

ANALYSISLVMH’s fashion and leather goods division – which includes the Louis Vuitton brand and currently accounts to over a third of the group’s revenue – increased by 10 percent over the second quarter. These figures easily surpassed market’s expectations. Commenting the unexpectedly strong performance […]

REPORT Carter’s for its second quarter fiscal 2015 reported consolidated net sales increased 38.7 million dollars, or 6.7 percent, to 612.8 million dollars, reflecting growth in all business segments. Changes in foreign currency exchange rates as compared to the second quarter of fiscal 2014 negatively […]

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