For the first fiscal quarter ended April 30, 2015, net revenue at Egyptian apparel retailer Arafa Holding climbed 9 per cent over the same period of previous fiscal. Arafa Holding reported net revenues of $62.0 million during the first ...
Tags: apparel, Arafa Holding
Genesco Inc. reported earnings slid 29.3 percent in its first quarter to $9.9 million, or 42 cents a share. Earnings, adjusted for one-time gains and costs, were 51 cents per share, falling well short of Wall Street's consensus estimate of ...
Tags: Genesco, Wall Street Targets
At its Investor Day held in Germany, the Adidas Group unveiled its new strategic business plan until the year 2020, which aims at further accelerating growth by significantly increasing brand desirability. “This is expected to ...
Tags: Adidas, new business plan, Adidas Neo
At its Investor Day in Herzogenaurach, the Adidas Group presented its new strategic business plan called "“Creating the New,” designed to accelerating growth significantly. Revenues are projected to increase at a ...
Tags: Adidas Group, Speed, Sporting Goods
Foot Locker, Inc. reported fourth-quarter earnings rose 18.0 percent to $146 million, or $1.01 a share, easily eclipsing Wall Street's target. Earnings, adjusted for non-recurring gains, came to $1 per share, beating Wall Street's consensus ...
Net sales for the fourth quarter ended December 31, 2014 at Columbia Sportswear Company zoomed 27 per cent year on year. Columbia said it recorded net sales of $677.0 million for the fourth quarter of 2014, up a massive 27 per cent or ...
Tags: Columbia Sportswear, Apparel
Dexcom is using the soon-to-be released Apple Watch for its wearable glucose monitor. The Apple Watch showing a heartbeat. (Image courtesy of Apple) Nancy Crotti In the highly competitive, continuous-glucose-monitoring device ...
Tags: Apple Tech, Diabetes Tech
“In 2014, we delivered 16 per cent growth in adjusted earnings per share, significantly increased return on capital, and distributed over $480 million of cash to shareholders, CEO of Avery Dennison said. CEO Dean Scarborough said, ...
Tags: Avery Dennison, Textile
US based apparel marketer Gap Inc said it will close its Piperlime brand, including the online platform and the only store in New York, by the end of the first quarter of fiscal year 2015. The Piperlime brand is by far the smallest of the ...
Excluding impact from divestiture of Rockport business, currency-neutral sales at Adidas Group rose by 6 per cent from the previous year in 2014, based on preliminary unaudited figures. In euro terms, sales were up 2 per cent to ...
Tags: net income, Apparel
Gap Inc. has decided to close its Piperlime brand, including the online platform and single store in New York, by the end of the first quarter of fiscal year 2015. The company is committed to executing against its long-term strategy of ...
Big complex banks must now hold far more capital than in the past because they are seen as posing higher economic risks and they have to be easier to dismantle if they hit trouble. That has hurt their profitability and held back share ...
Tags: Big complex banks, soft trading
Halfords Group plc reported same-store sales by its Cycling and Travel Solutions stores increased 7.6 percent and 5.7 percent respectively in the 15 weeks and fiscal third quarter ended Jan. 9. The UK’s leading retailer of ...
Tags: Same-Store Gains, Sporting Goods
Online apparel sales continue to capture a greater share of India retail ecommerce sales, said an ASSOCHAM-PwC study. The apparel category, along with computers and consumer electronics, helped fuel the overall market growth, through ...
Tags: ecommerce sales, retail ecommerce, Apparel
Genesco Inc. said lower than planned sales and gross margin pressures at its Lids segment in the third quarter and expected continued margin pressure at the segment in the fourth quarter would cause it to lower its guidance for the full ...
Tags: gross margin, planned sales