Business
- Prachi Singh |
New York-based athletic retailer Foot Locker, Inc., for its first quarter ended May 4, 2019 reported net income of 172 million dollars or 1.52 dollars per share compared to 165 million dollars or 1.38 dollars per share in the corresponding prior-year period. The company said, non-GAAP earnings were […]
- Prachi Singh |
In its financial results statement for the fourth fiscal quarter and fiscal year ended March 31, 2019, Deckers Brands said, fourth quarter net sales decreased 1.6 percent or 1.4 percent on constant currency to 394.1 million dollars, while full year net sales increased 6.2 percent to 2.020 billion dollars […]
- Shubhangi Bidwe |
Aditya Birla Fashion and Retail’s (ABFEL) Q4 net profit has grown by 79 per cent as revenue increased nine per cent. Ebitda fell due to a rise in marketing spends. For the full year, ebitda increased 24 per cent and revenue increased 13 per cent. Net profit grew 173 per cent. In the September 2018 quarter, […]
- Prachi Singh |
Abercrombie & Fitch Co. has said that its board of directors declared a quarterly cash dividend of 20 cents per share on the Class A Common Stock of the company, payable on June 17, 2019 to stockholders of record at the close of business on June 7, 2019. The company operates over 850 stores under Abercrombie […]
- Regina Henkel |
Swiss mountaineering specialist Mammut is the industry’s first to offer companies products with NFC technology, which promise consumers new services via an app. Mammut Connect works with an integrated NFC chip Already at the OutDoor trade fair last summer, there was talk about it, with the chip being […]
- Marjorie van Elven |
INTERVIEWPart vetted manufacturer network, part production management tool, Supplycompass wants to make it easier for small and medium-sized fashion, accessories and interior brands to source responsibly-produced products overseas. The company connects around 40 of these brands to a select group of […]
- Prachi Singh |
Gap Inc has announced that its board of directors authorized a second quarter fiscal year 2019 dividend of 2425 cents per share, payable on or after July 31, 2019 to shareholders of record at the close of business on July 10, 2019. Gap offers clothing, accessories, and personal care products for men, […]
- Prachi Singh |
L Brands, Inc. net sales for the first quarter to May 4, 2019 were 2.629 billion dollars compared to 2.626 billion dollars for the same quarter last year. Comparable sales for the quarter were flat compared to the quarter ended May 5, 2018. The company said in a statement that comparable sales declined […]
- Prachi Singh |
For its fourth quarter and full year ended March 30, 2019, VF Corporation , said revenue increased 6 percent or 9 percent in constant dollars to 3.2 billion dollars and 12 percent or 13 percent in constant dollars to 13.8 billion dollars, respectively. VF’s board of directors declared a quarterly dividend […]
- Prachi Singh |
For its full year to March 30, 2019, Marks and Spencer Group Plc (M&S) reported 9.9 percent decline in profit before tax & adjusting items to 523.2 million pounds (663 million dollars), driven by headwinds on sales, partly offset by the operating costs transformation programme. The company said, total […]