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Department Stores

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Kering appoints a new CEO for its unit Ulysse Nardin

2:17am EDT

Aug 18 (Reuters) - KERING SA ::ANNOUNCED ON THURSDAY THE APPOINTMENT OF PATRICK PRUNIAUX AS CEO OF ITS UNIT ULYSSE NARDIN .

Yinchuan Xinhua Commercial Group to pay A shares annual div for FY 2016 on Aug. 24

Thursday, 17 Aug 2017 10:41pm EDT

Aug 18 (Reuters) - Yinchuan Xinhua Commercial Group Co Ltd <600785.SS> ::* Says it will pay cash dividend of 0.175 yuan(before tax)/ A share for 2016 to shareholders of record on Aug. 23 .* The company's shares will be traded ex-right and ex-dividend on Aug. 24 and the dividend will be paid on Aug. 24.

Kogan.com says FY profit attributable $3.7 mln versus $809,000‍​

Thursday, 17 Aug 2017 07:01pm EDT

Aug 18 (Reuters) - Kogan.Com Ltd :FY profit attributable $3.7 million versus $809,000‍​.FY revenues from ordinary activities $289.5 million versus $211.2 million.Final dividend declared 3.8 cents per share.

Hudson's Bay names Edward Record chief financial officer

Thursday, 17 Aug 2017 05:00pm EDT

Aug 17 (Reuters) - Hudson's Bay Co -:HBC names Edward Record chief financial officer.Hudson's Bay Co - ‍record succeeds Paul Beesley, who, as previously announced is leaving HBC​.Hudson's Bay Co - ‍ prior to JCP, Record most recently served as executive VP, COO of stage stores, and previously as its chief financial officer​.Hudson's Bay Co - ‍ Record joins HBC after more than three years as chief financial officer for J. C. Penney Company, Inc​.

Nanjing Central Emporium Group's H1 net profit up 226.5 pct y/y

Thursday, 17 Aug 2017 07:13am EDT

Aug 17 (Reuters) - Nanjing Central Emporium Group Stocks Co Ltd <600280.SS>:Says H1 net profit up 226.5 percent y/y at 242.8 million yuan ($36.38 million).

Bon-Ton Stores reports Q2 loss per share $1.64

Thursday, 17 Aug 2017 06:30am EDT

Aug 17 (Reuters) - Bon-Ton Stores Inc :Bon-Ton stores Inc reports second quarter fiscal 2017 results.Q2 loss per share $1.64.Q2 sales fell 7 percent to $504.4 million.Sees FY 2017 GAAP loss per share $2.08 to $2.59.Qtrly ‍comparable store sales decreased 6.1% as compared with prior year period​.Bon-Ton Stores Inc - Reaffirmed its earnings guidance for full year fiscal 2017.Expect to achieve further cost reductions through continued rollout of profit improvement initiative.Bon-Ton Stores Inc - ‍Capital expenditures for 2017 not to exceed $30 million, net of external contribution​.Believe that cost reduction actions will drive improved performance in back half of year.Bon-Ton Stores Inc - Sees for FY17 a comparable sales decrease now ranging from 3.5% to 4.5%, which excludes sales from 53(rd) week.Bon-Ton Stores Inc sees 2017 gross margin rate decrease now ranging from 40 to 60 basis points.

OFFICIAL-BRIEF-Infibeam Incorporation says unable to confirm or deny reports of Fairfax eyeing stake in co

Thursday, 17 Aug 2017 03:21am EDT

Corrects name of company to Fairfax from Fairex in headline, first bullet point:Clarifies on media report "Fairfax eyes Infibeam stake".Says "unable to confirm or deny the news reports".

Infibeam Incorporation says unable to confirm or deny reports of Fairex eyeing stake in co

Thursday, 17 Aug 2017 12:58am EDT

Aug 17 (Reuters) - Infibeam Incorporation Ltd :Clarifies on media report "Fairex eyes Infibeam stake".Says "unable to confirm or deny the news reports".

Parkson Retail Group says HY revenue was up 1.9 pct

Thursday, 17 Aug 2017 12:16am EDT

Aug 17 (Reuters) - Parkson Retail Group Ltd <3368.HK>::HY total operating revenue for period increased by 1.9pct to RMB2,369.4 million.Same Store Sales for Q2 increased by 2.4pct, rebounded from a decrease of 2.2 pct in Q1.Board of directors does not recommend payment of an interim dividend.HY operating profit was RMB70.6 million, a turnaround increase of RMB122.0 million as compared to same period last year.

Wesfarmers posts FY net profit attributable $2.87 billion versus $407 million

Wednesday, 16 Aug 2017 07:01pm EDT

Aug 17 (Reuters) - Wesfarmers Ltd -:FY net profit attributable to members $2.873 billion versus $407 million.FY revenue $68.44 billion versus $65.98 billion.Final dividend 120 cents per share."Group remains generally optimistic in its outlook"."Sales and margin pressures in coles are expected to persist"."Target will progress its transformation plan"."Within home improvement outlook for BANZ is particularly positive"."Sales momentum in energy is expected to remain solid despite increased competition in natural gas retailing market".

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