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Oxford ups FY guidance on strong Q1 earnings

US fashion company Oxford Industries has raised its full-year outlook after reporting robust revenue and earnings in the first quarter of the year. In the three months ended April 30, the company’s net earnings increased to 57.4 million dollars from 28.5 million dollars a year earlier. That came as its sales increased 33 percent to 353 million...

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Retail

Oxford to ink franchising deal with Madura Garments

The University of Oxford is said to be in talks with Madura Garments to ink a franchising deal to sell its apparels in India. Oxford, a wholly owned arm of the British university runs a successful branded merchandise business across theworld. The company plans to retail categories like fashion apparel, accessories, education-related products...

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