In its interim results for the first six months ending July 31, 2014, UK-based fashion retailer NEXT said it had a good first half, achieving sales and profits ahead of its original expectations. Led primarily by retail stores sales ...
Tags: Apparel, Fashion Apparel
Red ink was splashed across all financial parameters, including revenue and net loss at womenswear apparel retailer The Wet Seal in the fiscal second quarter ended August 2, 2014. The Net sales were down 11.2% to $121.2 million in the ...
Tags: Apparel, Textile, Womenswear
Packaging company KM Packaging Services has launched the Unisold produce bagging systems which will be made available exclusively for the UK market. Unisold has been developed to fullfill the retailer's requirement for bagging systems ...
Tags: Packaging, Eco-Friendly Bagging
NYSE-listed apparel retailer, Oxford Industries, Inc. reported rise in net sales of 5% to reach $246.2 million in second fiscal quarter ended August 2, 2014, compared to $235.0 million in the second fiscal quarter of 2013. On an adjusted ...
Adjusted EBITDA zoomed 23.8% year-on-year at off-price retailer of high-quality branded apparel and NYSE-listed Burlington Stores, Inc. in the second quarter ended August 2, 2014. Burlington Stores said its adjusted EBITDA increased 23.8% ...
Tags: Apparel, Apparel Retail, Apparel Economy
Net loss climbed nearly 27% from a year earlier at Hancock Fabrics, Inc., a retailer of fabrics, sewing materials, etc, in its second fiscal quarter ended July 26, 2014. Hancock reported a net loss of $3.3 million, or negative $0.16 per ...
Tags: Textile, Fabric, Hancock Fabric
A British watchmaker has called time on the Swiss domination of the luxury timepiece industry. Christopher Ward, founded by Mike France, Peter Ellis and Chris Ward, has created a brand new, British-owned watch movement, breaking away ...
Tags: Swiss Watch, Watch
Back in May I read a post by Eyal Rosenberg, CEO of payment automation software maker Nipendo, who made reference to an auto industry survey that highlighted the importance of supplier liquidity, including the negative impact that a slow ...
Tags: Chain Financing, trade tips
Indian online apparel and accessories retailer has changed its business model from being a ecommerce market place to coupon store and a product aggregator for other ecommerce stores. Other changes at the fashion etailer include founder ...
Tags: Fashion Retailer, Yebhi, Business Model
In its fiscal year ending July 5, 2014 Bebe stores, a retailer of women’s apparel was able to reduce its losses by $9.7 million or 14.1%, when compared with the previous fiscal year ending July 6, 2013. Net loss from continuing ...
Tags: Bebe, finished goods, women's apparel
Sports Direct International plc , the UK's leading sports retailer, reported Group sales for the 13 weeks ended July 27 were up 12.2 percent to ?11.2 million ($1.21 bn) compared with ?34.0 millon a year earlier. Gross profit increased 11.8 ...
Tags: Sporting Goods, Recreation
Future Group, one of the top retail groups in India, has planned to invest in omni-channel retailing, by implementing the omni-commerce suite by hybris, a company owned by SAP. Omni-channel retailing, the next step in multi-channel ...
Tags: Future Group, Omni-Channel, Hybris
Campbell Soup Company today reported its fourth-quarter and full-year results for fiscal 2014. The company reported earnings from continuing operations for the quarter ended Aug. 3, 2014, of $137 million, or $0.43 per share, compared with ...
Tags: Agriculture, Food
Although revenue rose 12% year-on-year, net income at multi-brand retailer of women's, men's and children's apparel J.Crew Group, Inc. plunged 38.28% in the second fiscal quarter of 2014. Net income dived 38.28% to $17.5 million in the ...
Tags: Apparel, Accessories, Children's apparel
Led by a surge in net income, diluted EPS skyrocketed 62.5% year-on-year at Zumiez Inc, a retailer of action sports related apparel, footwear and accessories for the second fiscal quarter ended August 2, 2014. Net income in the second ...
Tags: Apparel, Accessories