REPORT For its fourth quarter ended May 31, 2015, Nike reported diluted earnings per share increased 26 percent and fiscal 2015 diluted earnings per share rose 25 percent to 3.70 dollars, reflecting 10 percent revenue growth. Group revenues rose 5 percent to 7.8 billion dollars, up 13 percent on a currency-neutral […]

REPORT For the first half-year period from December 1, 2014 to May 31, 2015, well-received collections for all brands in the H&M group resulted in good sales and increased market share. The H&M group’s sales excluding VAT increased by 23 percent to 86,143 million Swedish Krona (10,462 million dollars) […]

ANALYSISPrada has woke up to a tough reality: the luxury fashion retailer has noted a 44 percent drop in earnings over the first quarter of FY15. Consequently, the company’s shares dived to a 3-year record low, prompting several analysts’ price target cuts. All at once, investors and analysts withdrew […]

ANALYSISShares soared more than 9.5 percent mid-Tuesday to 67.42 dollars apiece after Lululemon posted a better-than-expected 10 percent rise in first-quarter revenue. For the quarter ended May, 3, Lululemon earned 34 cents a share on revenue of 423.5 million dollars, beating the 33 cent a share and […]

REPORT For the first quarter of fiscal 2016, Guess reported net earnings of 3.3 million dollars, compared to a net loss of 2.1 million dollars for the first quarter of fiscal 2015. Diluted earnings per share were 0.04 dollars, compared to diluted loss per share of 0.03 dollars for the prior-year quarter, […]

REPORT For the fiscal year 2014, Giorgio Armani reported that earnings before interest, taxes, depreciation increased 5.7 percent to 507 million euros (553.9 million dollars) or about 674.3 million euros (736.2 million dollars) at current exchange rate from 479.8 million euros (524.1 million dollars), […]

REPORT Consolidated net revenues at Prada for the period ended January 31, 2015, totaled 3,551.7 million euros (3,875.9 million dollars), slightly down on 2013. Wholesale channel sales decreased 3.4 percent or below 4.7 percent at constant exchange rates. The decline was owing to its performance in […]

REPORT Richemont for the year ended March 31, 2015 grew sales by 4 percent to 10, 410 million euros (11,597 million dollars); and by 1 percent at constant exchange rates. However, profit for the year decreased by 35 percent. Gross profit increased by 6 percent, despite currency headwinds for much of […]

ANALYSISBurberry Group PLC disappointed investors as the company lowered its guidance for the full-year. Equally gloomy, the company’s CEO advanced that "At this early stage of the year, we are seeing increased uncertainty in some markets.” Bailey’s warning nothing but dragged Burberry’s shares performance, […]

REPORT Burberry delivered a strong financial performance in FY 2015, with underlying growth of 11 percent in revenue and 7 percent in adjusted profit before tax. Revenue in menswear increased by 10 percent underlying. Retail significantly outperformed wholesale, where repositioning continued in the […]

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