ANALYSIS Although Primark is all set to deliver another string of strong figures, the fashion retailer’s contribution to parent company Associated British Foods will be faded yet again by declining sugar business. As advanced by the British group earlier this week, their affordable fashion business […]

Dillard's Inc. (DDS) reported lower-than-anticipated fourth-quarter fiscal 2014 results, “wherein adjusted earnings of 3.15 dollars per share fell short of the Zacks Consensus Estimate of 3.20 dollars. However, adjusted earnings marked a year-over-year improvement of nearly 16.2 percent,” wrote Zacks […]

REPORT Macy's, for the full year 2014 reported earnings 4.22 dollars per diluted share, or 4.40 dollars. This represents an increase of 9 percent, or 10 percent excluding items described below, over fiscal 2013. The 4.40 dollars per share is in line with management's initial guidance provided at the […]

REPORT Steve Madden announced net sales for the fourth quarter were 342.6 million dollars compared to 342.9 million dollars in the same period of 2013. For the full year ended December 31, 2014, net sales increased 1.6 percent to 1.33 billion dollars from 1.31 billion dollars in the comparable period […]

REPORT Dillard's fourth quarter performance ended January 31, 2015 included earnings per share of 3.17 dollars versus 2.71 dollars, an increase of 17 percent, a 3 percent increase in comparable store sales and a 103 basis point improvement in retail gross margin. For the entire fiscal year, earnings […]

Italian-made accessories label Aevha London has secured 150,000 pounds in investment through crowdfunding platform Crowdcube to support its expansion and to “cement” its position as a leading luxury handbag brand. Founded by designer Alice Horlick in September 2013, the brand received the funds from […]

REPORT Primark, part of the Associated British Foods in its update prior to entering the close period for its interim results to February 28, 2015, to be announced on April 21, 2015 said that its sales are expected to be 16 percent ahead of last year at constant currency driven by an 11 percent increase […]

ANALYSIS Chinese economy’s slowdown, together with a decreasing spend by wealthy Asian have being the main cause for Prada’s 1 percent drop in annual profits according to the luxury label. Italian fashion firm Prada SpA said Sunday its sales fell slightly in 2014 compared with the previous year, marking […]

The parent company of Hawaii-based fashion retailer Hilo Hattie has filed for bankruptcy protection for the second time in less than a decade. Currently, the Hawaiian retailer owes its creditors more than 10 million dollars. Hawaii fashion and gift retailer Hilo Hattie has filed for Chapter 11 bankruptcy […]

Warren Buffett’s investment vehicle, Berkshire Hathaway Inc., said on Friday it had agreed to buy German motorcycle apparel and accessories retailer Detlev Louis Motorrad-Vertriebs GmbH for a little more than 400 million euros. Ute Louis, the widow of company’s founder Detlev Louis, had approached Berkshire […]

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