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Apparel Retailer
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Destination Maternity Slips Into Q2FY16 GAAP Net Loss
Sep 1, 2015For the second fiscal quarter ended August 1, 2015, US based maternity apparel retailer Destination Maternity Corporation slipped in to a GAAP net loss vis-à-vis GAAP net income in the prior fiscal second quarter. For the second ...
Tags: maternity apparel, Apparel
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Q2 Net Sales at American Apparel Tank 17.2%
Aug 19, 2015Net sales at clothing retailer American Apparel tanked 17.2 per cent year over year for the second quarter ended June 30, 2015. In the three months to June 30, 2015, net sales dipped 17.2 per cent to $134.4 million from $162.4 million for ...
Tags: apparel, apparel sale, apparel development
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Bluestem Completed Acquisition of Orchard Brands Corporation
Jul 17, 2015Multi brand online retailer Bluestem Group completed acquisition of Orchard Brands Corporation, also an online retailer of multi-brand family of 13 catalogue and ecommerce brands. The deal, according to a Bluestem Group press release, has ...
Tags: apparel, Orchard, Bluestem Group, private label
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Uniqlo Said It Will Open a New Store in Berlin
Jul 13, 2015As part of its expansion plans in Europe, Japanese apparel retailer Uniqlo said it will open a new store in Berlin, Germany in Fall 2015. “The store will be the second store in the German market, and will be located on Leipziger ...
Tags: apparel manufacture, Uniqlo, Apparel and clothing, children clothing
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American Apparel Has Announced The Next Phase of Its Strategic Turnaround Plan
Jul 10, 2015In order to shore up its topline and bottomline, clothing retailer American Apparel has announced the next phase of its strategic turnaround plan. “This plan includes a redesigned fall merchandise line, approximately $30 million in ...
Tags: American Apparel
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Lectra Held a Seminar for Bangladeshi Suppliers of Retail Chain H&M in Dhaka
Jun 29, 2015Lectra, a developer of integrated technology solutions for industries using soft materials like fabrics recently held a seminar for Bangladeshi suppliers of retail chain H&M in Dhaka. “The two-day event addressed today's trends and ...
Tags: Lectra, Bangladeshi suppliers, textile
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Kate Spade & Company Named Emilia Fabricant as President of The North America Region
Jun 25, 2015US apparel retailer Kate Spade & Company has named Emilia Fabricant as president of the North America region effective June 29, 2015. “In this role, Fabricant will oversee the Company's North America business, with responsibilities ...
Tags: Kate Spade, apparel
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Net Revenue for Arafa Holding Climbed 9% in Q1,2015
Jun 23, 2015For 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
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Lululemon Athletica's Net Revenue Climbed 10% in Q4 2015
Jun 15, 2015Net revenue for the first fiscal quarter ended May 3, 2015 at apparel retailer Lululemon Athletica Inc. climbed 10 per cent to $423.5 million from $384.6 million in the first quarter of fiscal 2015. “Total comparable sales, which ...
Tags: Lululemon Athletica, Apparel
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The Marginal Dip in Net Sales of Destination Maternity in Q1
Jun 15, 2015Destination Maternity Corporation, the world's leading maternity apparel retailer reported a marginal dip in net sales for the first quarter ended May 2, 2015. Net sales for the first quarter of fiscal 2016 were $141.6 million compared ...
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Apparel Retailer and Nyse's Net Income Doubled in Q1,2015
Jun 2, 2015For the first fiscal quarter ended May 2, 2015, net income doubled over the same quarter of previous fiscal at apparel retailer and NYSE listed, Tilly’s, Inc. Net income for the first quarter of fiscal 2016 reached $1.3 million, or ...
Tags: apparel retailer, Apparel
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Future Lifestyle Fashions's Profit Slipped in The Fourth Fiscal Quarter
Jun 2, 2015Driven by massive reduction in expenses, Future Lifestyle Fashions Ltd (FSFL) slipped in to profits in the fourth fiscal quarter ended March 31, 2015 as against a steep loss in the same quarter of previous fiscal. In a BSE filing, the ...
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GAAP Net Loss Soared at Apparel Retailer and NYSE Listed Abercrombie & Fitch Co in Q1FY16
Jun 2, 2015For the for the thirteen weeks period ended May 2, 2015, GAAP net loss soared at apparel retailer and NYSE listed Abercrombie & Fitch Co. First quarter of fiscal 2016 GAAP net loss surged to $63.2 million or $0.91 loss per diluted share ...
Tags: Abercrombie&Fitch, Apparel
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Ascena Retail Group and Ann Inc Entered Into a Definitive Merger Agreement
May 21, 2015Ascena Retail Group and Ann Inc entered into a definitive merger agreement under which Ascena will acquire Ann Inc for a combination of cash and stock in an accretive transaction. Upon closing, Ann Inc stockholders will receive $37.34 in ...
Tags: Ascena, Women's Apparel
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JC Penney Expanded 330 Basis Points to 36.4 Per Cent of Sales
May 20, 2015For the first fiscal quarter ended May 2, 2015 gross margin at US apparel retailer JC Penney expanded 330 basis points to 36.4 per cent of sales, compared to 33.1 per cent in the same quarter of last fiscal. JC Penney reported net ...