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Common financial terms such as turnover and EBITDA explained

FashionUnited regularly reports on the financial performance of fashion companies, particularly when annual reports and half-year reports are published. These reports are also known as financial reports. Financial reports provide a detailed overview of a company's financial performance over a specific period, including information on revenue,...

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Fashion

Nordstrom profit falls 5 percent on higher costs

Fashion specialty retailer Nordstrom Inc. said Thursday after the markets closed that its fourth quarter profit fell 5 percent from last year, as higher costs and expenses more than offset a 9 percent increase in revenue. The company's quarterly earnings per share also came in below analysts' expectations, but its quarterly revenue just managed...

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