REPORTUnderlying profit before tax at Mothercare for the full-year period to March 26, 2016 was up 51 percent at 19.6 million pounds (28.5 million dollars). The company achieved further progress in UK with margins up 70 bps, online sales growth of 15 percent, like-for-like sales growth of 3.6 percent […]

REPORTAmerican Eagle Outfitters reported EPS of 0.22 dollar for the first quarter ended April 30, 2016, a 47 percent increase from EPS of 0.15 dollar for the comparable quarter last year. Total net revenue increased 7 percent to 749 million dollars from 700 million dollars last year. Commenting on the […]

REPORTUrban Outfitters has announced net income of 30 million dollars for the three months ended April 30, 2016 and earnings per diluted share of 0.25 dollar. Total company net sales increased 3 percent over the same quarter last year to 763 million dollars. “We are pleased to announce record first […]

REPORTL Brands adjusted earnings per share for the first quarter ended April 30, 2016 were 0.59 dollar compared to 0.61 dollar for the same quarter ended May 2, 2015. Adjusted operating income decreased 4 percent to 357.9 million dollars compared to 371.8 million dollars last year, and adjusted net […]

With the deadline for buyers bidding for the collapsed retail chain British Home Stores (BHS) having past, it only remains a matter of time until administrators Duff & Phelps announce the new owner. However, the lucky bidder would have to take over BHS entire UK 164 store network - including 40 loss-making […]

UPDATE London - Jack Ma, the founder and executive chairman of Chinese e-commerce giant Alibaba has cancelled an upcoming speech at the International Anti-Counterfeiting Coalition (IACC) following the suspension of Alibaba's membership last week. Ma was set to give a keynote speech at the spring conference […]

On Sunday, the Accord on Fire and Building Safety in Bangladesh (Accord) celebrated its third anniversary, looking back on its accomplishments. And there are many, size for one: the agreement started on May 15, 2013 with just 19 brands and 2 unions and now boasts more than 210 company signatories; around […]

REPORTConsolidated revenue of the IC Group for the period from July 1, 2015 to March 31, 2016 amounted to 2,156 million Danish krona (327 million dollars) corresponding to an increase of 0.5 percent or 1.4 percent in local currency, compared to the same period last financial year. The company now expects […]

REPORTBurberry has said that its revenues stood at 2.5 billion pounds (3.6 billion dollars) and adjusted PBT was 421 million pounds (607 million dollars), down 10 percent underlying for the year ended March 31, 2016. The company has also announced an ambitious three year plan to drive revenue growth, […]

REPORTNet sales of The TJX Companies, for the first quarter of fiscal 2017 increased 10 percent to 7.5 billion dollars and consolidated comparable store sales increased 7 percent over last year's 5 percent increase. Net income was 508 million dollars and diluted earnings per share were 0.76 dollar, […]

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