United States

Apparel & Accessories Retailers

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Bonmarche sticks to full-year profit outlook

Friday, 20 Jan 2017 02:00am EST

Bonmarche Holdings Plc : Sales for 13 weeks ended 24 december 2016 increased by 3.3% against corresponding period in fy16, and store lfl sales increased by 0.8%. . Sales for 39 weeks ended 24 december 2016 decreased by 1.3% and store lfl sales decreased by 5.3%. . A less promotional stance was taken throughout quarter . Resulted in stronger gross margin performance, with product gross margin in quarter 2.2% higher than in last year's corresponding period. .Board's expectation for full year is unchanged, with our expectation being that group's pre-exceptional pbt is likely to fall within a range between £5.0m and £7.0m..

United Arrows will likely report 2% rise in oper profit to more than 6 billion yen in Oct-Dec qtr - Nikkei

Thursday, 19 Jan 2017 12:15pm EST

Nikkei : United Arrows will likely report a 2% rise in operating profit to more than 6 billion yen in the October-December quarter - Nikkei . For the March-December period, operating profit For United Arrows Ltd likely fell 18% on the year to 8 billion yen - Nikkei .United Arrows Ltd's sales are seen growing 2% to around 107 billion yen for the March-December period- nikkei.

S. Culture International says Shang Ying Financial enters sale and purchase deal

Thursday, 19 Jan 2017 09:58am EST

S. Culture International Holdings Ltd <1255.HK> : On 12 January 2017, offeror entered into sale and purchase agreement with vendors . Deal for consideration of HK$467.3 million . Application has been made for resumption of trading in shares on stock exchange with effect on 20 January 2017 .Offeror is Shang Ying Financial Holding Co., Limited.

African & Overseas sees 50 pct fall in HY HEPS

Thursday, 19 Jan 2017 04:15am EST

African & Overseas Enterprises Ltd :HEPS are now expected to decrease by at least 50 pct, from heps of 57.8 cents reported by AOE for six months ended 31 Dec.

Rex Trueform sees HY HEPS at least 50 pct lower

Thursday, 19 Jan 2017 04:14am EST

Rex Trueform Clothing Company Limited : Further Trading Statement .HEPS are now expected to decrease by at least 50 pct, from heps of 65.3 cents reported by Rex Trueform for six months ended 31 Dec 2015.

N Brown on track to meet FY view after online drives Q3

Thursday, 19 Jan 2017 02:13am EST

N Brown Group Plc : Q3 financial highlights: . Group revenue +4.1% . On track to meet full year expectations .Q3 strategic highlights: . Online revenue up 12%, with penetration now 70%, up 4ppts year-on-year.

Ascena Retail sees Q2 net sales of about $1.75 bln

Wednesday, 18 Jan 2017 08:40am EST

Ascena Retail Group Inc : Ascena retail - sees Q2 net sales of about $1.75 billion; sees FY 2017 sales of about $6.775 billion - $6.825 billion . Ascena Retail - sees Q2 comp sales down 4.5 percent; sees FY 2017 comp sales down 4 percent to down 3 percent . Q2 revenue view $1.75 billion -- Thomson Reuters I/B/E/S .FY2017 revenue view $6.81 billion -- Thomson Reuters I/B/E/S.

Luk Fook says Q3 FY2017 same store sales declined 10 pct

Wednesday, 18 Jan 2017 04:37am EST

Luk Fook Holdings (International) Ltd - :Overall same store sales growth for 3Q of FY2017 recorded a decline of 10%.

- Tiffany & Co has determined approximately $25 million of capitalized costs will not have future benefit to co

Tuesday, 17 Jan 2017 07:19am EST

Tiffany & Co : Tiffany & Co - has determined that approximately $25 million of capitalized costs will not have future benefit to co . Tiffany & Co - will record pre-tax impairment charge of about $25 million as a component of selling, general and administrative expenses in Q4 fiscal 2016 . Tiffany & Co - does not expect that any amount of impairment charge will result in current or future cash expenditures .Tiffany & Co - "identified opportunities to enhance its finished goods inventory management and merchandising capabilities".

Mr Price Group says Q3 total retail sales down 0.5 percent

Tuesday, 17 Jan 2017 12:05am EST

Mr Price Group Limited : During q3, on a statutory reporting basis, group recorded growth in retail sales and other income of 0.4 pct to 6.4 bn rand over corresponding period in prior year . Total retail sales of 6.1 bn rand (including franchise) were 0.5 pct lower (comparable stores -2.9 pct) than corresponding period . Cash sales, which constitute 83.2 pct of total sales, decreased by 0.5 pct. . As anticipated, difficult trading environment referred to at previous reporting periods, has extended into h2 . Poor economic growth, low levels of consumer confidence and higher selling prices driven by a weak and volatile exchange rate has resulted in a very competitive retail environment . Retail selling price inflation for period was 10.8 pct. . Looking ahead, any improvement in economic growth and consumer health is likely to be gradual. . Group is hopeful that a more settled economic environment will aid planning and result in lower merchandise input costs .Early positive signs of focused effort, particularly on mrp apparel and miladys merchandise and credit sales are encouraging.


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