REPORT Abercrombie & Fitch reported unaudited fourth quarter financial results that reflected GAAP net income of 44.4 million dollars and net income per diluted share of 0.63 dollars for the thirteen weeks ended January 31, 2015, compared to GAAP net income of 66.1 million dollars and net income per […]

Forbes magazine has just released its annual list of world’s richest amongst rich. The 29th edition of this account of those known as the wealthiest in the planet has increased to record 1,826 billionaires, adding 290 newcomers. This year, stressed authors of ‘Forbes’ billionaires list, ten-figure fortunes […]

OVS – Italy’s largest fashion retailer – debuted Monday on Milan Stock Exchange, becoming the first fashion initial public offering in the country since that of Moncler in December 2013. First day of trading was not the success anticipated by the company, as many in the trade have highlighted. Over […]

Alexandria Imex has bought the assets of Australian fashion retailer Grace Fashion - parent company to SES Fashions – and taken the collapsed brand to an online second chance: now, the firm sells its low-price women’s fashion through an online store. SES Fashions went into administration on April, 22 […]

REPORT MySale Group in its interim results for the six months ended December 31, 2014 said that its revenue increased 8 percent. Revenue in South-East Asia increased over 30 percent; in ANZ, over 3 percent. The company reported gross profit of 28.3 million Australian dollars (22.1 million dollars) and […]

REPORT GAAP revenue increased 0.5 percent for the fiscal year 2014 to 1.2 billion dollars. On a constant currency basis, revenue increased 1.8 percent as compared to the prior year. For the fourth quarter, revenue was 206.5 million dollars, a decline of 9.7 percent as compared to the fourth quarter […]

REPORT Gap’s diluted earnings per share increased 10 percent for the fourth quarter of fiscal year 2014 to 0.75 dollars per share and 5 percent to 2.87 dollars for the 2014 fiscal year. Excluding the year-over-year impact from foreign exchange, the company’s diluted earnings per share increased approximately […]

Shares of Chico's FAS (NYSE:CHS) retreated Wednesday on reports that Sycamore Partners has abandoned its takeover attempt of the women's clothing retailer, reported ‘Investors Business Daily’. The New York-based private equity firm reportedly failed to line up financing for the deal on acceptable terms. […]

ANALYSIS L Brands, parent company of Victoria’s Secret among others (NYSE:LB), reported its January sales results earlier this month and raised its Q4 profit guidance, boosted by strong growth in revenues during the first month of the year. L Brands has reported net sales of 783 million dollars for […]

Administrators of fashion label Josh Goot are seeking expressions of interest for the business and assets of the company, which collapsed into voluntary administration earlier this month. As reported by Australian media, an advertisement in Monday’s ‘Australian Financial Review’ would indicate that […]

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