Announcing unaudited interim results for the six months to December 31, 2017, MySale Group Plc said that revenue for the period reached 151.9 million Australian dollars (117.5 million dollars), an increase of 11 percent over the first half of 2017. Underlying EBITDA grew 80 percent to 5.5 million Australian […]

ANALYSIS Walmart is playing catch with its online nemesis with the most ambitious clothing launch in years: four new lines for women, men and children with items from priced from 5 to 30 dollars per item. Walmart says the move comes in response to its customers’ desire for more fashionable ranges. “She […]

ANALYSIS The future looks bright, “Genius” even, for Moncler. The Italian luxury outwear retailer “have decided to start a new exciting and challenging chapter for our business, which I strongly believe, will drive us to new heights with greater determination.” The upscale fashion group foresees further […]

Moncler Chairman and Chief Executive Remo Ruffini ruled out earlier this month that the upscale coat manufacturer is looking into ramping up its mergers and acquisitions pipeline. “I don’t know what other companies could be part of the group ... it is not in our plans today,” Ruffini said, answering […]

China’s online major, JD.com, Inc’s fourth quarter net revenues reached 110.2 billion Chinese yuan (216.9 billion dollars), an increase of 38.7 percent compared to the fourth quarter of 2016. Net revenues for the full year were 362.3 billion Chinese yuan (55.7 billion dollars), an increase of 40.3 percent […]

J. C. Penney Company, Inc. reported comparable sales increase of 2.6 percent for the fourth quarter and 0.1 percent for full year 2017. Fourth quarter earnings per share were 0.81 dollars, while full year net loss per share was 0.37 dollars. Fourth quarter adjusted earnings per share reached 0.57 dollar […]

Foot Locker reported a net loss of 49 million dollars or 0.40 dollar per share, for the 14 weeks ended February 3, 2018, compared to net income of 189 million dollars or 1.42 dollars per share in the same period of fiscal 2016. With the benefit of the extra week, total fourth quarter sales increased […]

Gap Inc. has said that on a reported basis, the company’s diluted earnings per share were 0.52 dollar for the fourth quarter and 2.14 dollars for fiscal year 2017, which includes 34 million dollars of provisional net tax impacts. For fiscal year 2017, the company’s comparable sales were up 3 percent […]

Nordstrom, Inc. reported fourth quarter earnings per diluted share of 0.89 dollar, which included impacts associated with corporate tax reform consisting of a 0.25 dollar. Net sales for the quarter increased 8.4 percent, inclusive of approximately 220 million dollars related to the 53rd week, and comparable […]

Christian Louboutin has found a new fragrance party in Puig as it expands its beauty business. While their nail polishes have been a success, Louboutin is aiming to expand their fragrance business to compete with other top department store brands. In 2013, the two companies came together to create the […]

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