May 2020 same-store sales including online sales decreased by 18.1 percent at Uniqlo Japan, while total sales including online sales decreased by 19.7 percent. The company, part of the Fast Retailing Group, said in a statement that same-store sales declined in May as approximately 20 percent of the […]

Safilo Group has announced the closing of 70 percent stake acquisition in the California company Blenders Eyewear LLC. Founded in San Diego in 2012 by Chase Fisher, Blenders Eyewear generates approximately 95 percent of its current business through its direct-to-consumer e-commerce platform. The company […]

Debenhams has confirmed it is to cut hundreds of jobs at its head offices as it looks to streamline its administrative functions. About 160 jobs have already gone from the retailer’s merchandising team as well as a similar number from buying and an undisclosed number from design and human resources, […]

Burlington Stores, Inc., for the first quarter ended May 2, 2020 reported total sales decrease of 51 percent to 798 million dollars. The company’s gross margin rate was 2 percent vs. last year’s rate of 41 percent, driven primarily by a 272 million dollars inventory charge against aged inventory due […]

The company reported a Q1 net loss on Thursday. Compared with the same period last year, revenues also slipped by 39.5 percent. For Q1, the company's net profit was -62 million dollars, which decreased from 513 million dollars last year. Revenues decreased to 2,026 million dollars. The profit margin […]

Abercrombie & Fitch Co. has reported net loss per diluted share of 3.90 dollars and 3.29 dollars on a reported and adjusted non-GAAP basis compared to net loss per diluted share of 29 cents on both, reported and adjusted non-GAAP basis last year. Net sales for the quarter declined by 34 percent […]

Revenue at Steve Madden decreased 13.6 percent to 359.2 million dollars compared to the same period of 2019. The company said in a statement that gross margin for the quarter was 37.2 percent compared to 38.9 percent in the same period last year. The company added that net loss attributable to Steven […]

The company reported a Q1 net loss on Thursday. Revenues slipped by 33.9 percent from the same period last year. The company's net loss for Q1 was -244 million dollars, surged from -19 million dollars a year earlier. Furthermore, revenues slipped to 485 million dollars. Abercrombie & Fitch (NYSE: ANF) […]

Rocket Internet SE, confirming its pre-released first quarter result said that the company’s revenues reached 20 million euros and a consolidated loss of 162 million euros compared to 140 million euros of profit in the same quarter of 2019, representing minus 1.18 euros earnings per share. The company […]

The company reported a Q4 net loss on Wednesday. Revenues dropped by 15.4 percent from the same period last year. For Q4, the company's net loss was 249 million dollars, slipped from 32 million dollars last year. Revenues decreased to 1,274 million dollars. The profit margin of the company decreased […]