For its fourth quarter and full year ended March 30, 2019, VF Corporation , said revenue increased 6 percent or 9 percent in constant dollars to 3.2 billion dollars and 12 percent or 13 percent in constant dollars to 13.8 billion dollars, respectively. VF’s board of directors declared a quarterly dividend […]

For its full year to March 30, 2019, Marks and Spencer Group Plc (M&S) reported 9.9 percent decline in profit before tax & adjusting items to 523.2 million pounds (663 million dollars), driven by headwinds on sales, partly offset by the operating costs transformation programme. The company said, […]

Urban Outfitters, Inc. announced net income of 33 million dollars and earnings per diluted share of 31 cents for the three months ended April 30, 2019 compared to 41 million dollars and 38 cents respectively in the same period last year. Total company net sales increased 1 percent to 864 million dollars. […]

Nordstrom, Inc. reported earnings per diluted share for the first quarter ended May 4, 2019 of 23 cents compared to 51 cents last year, while the company said, total net sales decreased 3.5 percent to 3,349 million dollars. Nordstrom said, top-line results were impacted by — loyalty, digital marketing […]

More than 170 shoe retailers, including Nike, Under Armour, Adidas, Foot Locker, and Ugg, have published a letter urging president Donald Trump to reconsider raising tariffs on footwear imported from China. “As an industry that faces a $3 billion duty bill every year, we can assure you that any increase […]

Trade union leaders are not pleased with the announcement that the Bangladesh Accord on Fire and Building Safety is supposed to leave the country in less than a year. The Bangladesh Accord shall be replaced in 281 days by another entity called RMC Sustainability Council (RSC), to be governed by a board […]

LVMH Moët Hennessy Louis Vuitton is working to solve the global problem of counterfeited luxury goods. The luxury group has launched AURA, the first international blockchain made to help consumers trace the and authenticity of luxury goods. The AURA platform was developed through Microsoft and blockchain […]

Net sales for the first quarter of fiscal 2020 at The TJX Companies, Inc. increased 7 percent to 9.3 billion dollars, while consolidated comparable store sales increased 5 percent over last year’s 3 percent increase. Net income for the first quarter was 700 million dollars and diluted earnings per share […]

For its first quarter, Kohl’s Corporation has reported total revenue of 4,087 million dollars, a drop of 2.9 percent, while comparable sales decreased 3.4 percent. The company said, diluted earnings per share were 38 cents, down 16 percent, while adjusted diluted earnings per share reached 61 cents, […]

For its first quarter, J. C. Penney Company, Inc. reported net loss of 154 million dollars or 48 cents per share compared to a net loss of 78 million dollars or 25 cents per share in the same period last year. Adjusted net loss was 147 million dollars or 46 cents per share compared to 69 million dollars […]

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