- Prachi Singh |
For the 53 weeks ended 30 March 2019, Mulberry Group Plc posted revenue of 166.3 million pounds compared to 169.7 million pounds in 2018. The company said international sales rose 7 percent but UK declined 6 percent affected by House of Fraser entering into administration during August 2018 and general […]
- Angela Gonzalez-Rodriguez |
ANALYSIS New York - The world’s second largest fashion retailer saw sales rise for the fourth consecutive quarter. However, Hennes & Mauritz AB revenue growth slowed down in April and May despite the Swedish clothing group’s attempts to reduce a buildup of inventory that’s been weighing on earnings […]
- Angela Gonzalez-Rodriguez |
ANALYSIS New York –Ted Baker’s (LSE: TED) is going through a year to forget. However, the market remains faithful in the company’s potential in the long haul. Struggling with maintaining its brand’s reputation after the founder was charged with questionable behaviour last year, the British fashion retailer […]
- Prachi Singh |
For its first quarter, Destination Maternity Corporation said net income was 0.1 million dollars or 1 cent per diluted share compared to 0.2 million dollars or 2 cent per diluted share for the first quarter of fiscal 2018. Net sales decreased 8.7 percent to 94.2 million dollars, while comparable sales […]
- Prachi Singh |
The Inditex Group registered net sales growth of 5 percent in the first quarter to April 30 to 5.93 billion euros (6.72 billion dollars), which the company said was driven by the ongoing digital transformation of its integrated store and online sales platform. Store and online sales increased by 9.5 […]
- Prachi Singh |
For its third quarter to April 26, 2019, Neiman Marcus Group Ltd LLC reported total revenues of 1.1 billion dollars, representing a decrease in comparable sales of 1.5 percent from the same quarter a year ago. The company’s net loss for the quarter was 31.2 million dollars compared with 19.9 million […]
- Angela Gonzalez-Rodriguez |
ANALYSIS New York - Ascena Retail Group (NASDAQ:ASNA) announced in late May its plans to sunset its Dressbarn, closing all its stores. The announcement followed months of speculation regarding a potential sale of the business. Is worth recalling that Ascena Retail Group has struggled for several years, […]
- Angela Gonzalez-Rodriguez |
New York -California-based online fashion retailer Revolve Group Inc. has raised 212 million dollars after pricing its shares at the top of its targeted range in its initial public offering (IPO). The deal has given the company a 1.23 billion dollars valuation based on the outstanding shares as listed […]