ANALYSIS New York – Despite J.C. Penney Co. (JCP) reported better-than-expected quarterly results, the department store operator might be running out of time to turn around its business, according to market sources. The retailer reported another quarter of losses and topline deterioration. The company’s […]

The Björn Borg AB group’s net sales amounted to 141.7 million Swedish krona (14.7 million dollars) in the second quarter, an increase of 1 percent, while adjusted for currency effects, the company said, sales fell 2.2 percent. The gross profit margin for the quarter decreased to 55.4 percent compared […]

Tapestry, Inc. reported net sales of 1.51 billion dollars for the fourth quarter, an increase of 2 percent on a reported basis and 4 percent in constant currency. However, according to Reuters it missed the average analyst expectation of 1.53 billion dollars, as per IBES data from Refinitiv. For the […]

ANALYSISNew York - Commenting on the The RealReal (Nasdaq: REAL) second-quarter results, the company’s chief executive, Julie Wainwright said: “We are thrilled to report our first quarter as a public company. We generated 51 percent year-over-year revenue growth and 40 percent year-over-year GMV growth […]

JD.com, Inc. in its unaudited financial results statement for the quarter ended June 30, 2019 said that net revenues reached 150.3 billion Chinese yuan (121.9 billion dollars), an increase of 22.9 percent and net service revenues were 16.8 billion Chinese yuan (2.4 billion dollars), an increase of 42 […]

In it statement for the full year ending March 31, 2019, Dr. Martens said that the company achieved 30 percent rise in revenue to 454.4 million pounds (549 million dollars) and 70 percent EBITDA growth to 85 million pounds (102.6 million dollars), with strong double digit sales rise across all key regions […]

Second quarter revenues at Farfetch Limited increased by 62.6 million dollars to 209.3 million dollars in second quarter 2019, representing growth of 42.7 percent. The company said, this increase was primarily driven by 52.8 percent growth in platform services revenue to 176.5 million dollars, while […]

In the second quarter, currency-neutral revenues at Adidas Ag grew 4 percent, while revenues at brand Adidas were up 4 percent, driven by a high-single-digit increase in Sport Inspired. In euro terms, the company’s revenues grew 5 percent to 5.509 billion euros (6.18 billion dollars). Adidas said, net […]