The Aid by Trade Foundation (AbTF), Africa's largest cotton initiative, now offers organic cotton according to the CmiA Organic Standard for the first time as part of its Cotton made in Africa (CmiA) initiative. "The new CmiA Organic Standard will benefit both the more than 9,000 successfully verified […]

REPORT_ Dillard's reported net income for the 13 weeks ended November 1, 2014 of 55.2 million dollars, or 1.30 dollars per share, compared to net income of 50.9 million dollars, or 1.13 dollars per share, for the prior year third quarter. Dillard's Chief Executive Officer, William T. Dillard, II, stated, […]

REPORT_ Kohl’s Corporation in its results for the third quarter and year-to-date period ended November 1, 2014 said that its sales for the quarter stood at 4,374 million dollars compared to 4,444 million dollars in the same quarter last year, representing a marginal decrease of 1.6 percent. Year-to-date […]

REPORT_ The first nine months of this fiscal year were challenging for Tod's. The Italian fashion and accessories group reported earnings before interest, tax, depreciation and amortisation (EBITDA) of 168.8 million euros, a dip of 21.6 percent and lower than an analyst's consensus by Thomson Reuters. […]

REPORT_ Ted Baker reported a 15.7 percent increase in group revenue for the 13 week period from August 10, 2014 to November 8, 2014, compared to the same period last year. Retail sales for the period increased by 12.7 percent or 14.7 percent in constant currency. Commenting on trading, Ray Kelvin CBE, […]

REPORT_ Comparable sales together with comparable sales of departments licensed to third parties at Macy’s were down 0.7 percent in the third quarter of 2014 over 2013. Third quarter comparable sales exclusive of licensed businesses were down 1.4 percent in 2014 compared with 2013. Total sales […]

REPORT_ American Eagle Outfitters expects to report third quarter adjusted EPS of 0.22 dollars per diluted share, above the previous guidance range of 0.17 dollars to 0.19 dollars. GAAP earnings are estimated to be 0.05 dollars per share. Last year, the company earned adjusted EPS of 0.19 dollars in […]

ANALYSIS_ British luxury retailer Burberry reported a dent in its half-year profit, caused by adverse currency changes as demand for the brand weakened in Asia. On Wednesday the UK's biggest luxury retailer revealed a decline in pretax profit for the six months ended September 30, down to 142 million […]

REPORT_ Burberry today posted strong growth in the first half, with adjusted profit up 6 percent underlying to 152 million pounds (242.1 million dollars) and double-digit underlying revenue growth in all regions. Underlying revenues stood at 1,100 million pounds (1752.4 million dollars) representing […]

REPORT_ In the third quarter of 2014, the Fossil Group’s worldwide net sales rose 10 percent or 81.3 million dollars, reflecting sales growth in each of the company’s wholesale segments and direct to consumer segment. Its net income for the third quarter was 103.7 million dollars, or 1.96 […]