Apparel & Accessories Retailers

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Ascena Retail Group Inc gives FY 2015 EPS guidance below analysts' estimates

Monday, 22 Sep 2014 04:02pm EDT

Ascena Retail Group Inc:Expects FY 2015 adjusted earnings per diluted share from continuing operations in the range of $0.90 to $1.00.FY 2015 EPS of $1.25 - Thomson Reuters I/B/E/S.

JEANS MATE CORP revises consolidated mid-year and full-year outlook for FY 2015 and expects extraordinary loss for Q2 of FY 2015

Monday, 22 Sep 2014 03:00am EDT

JEANS MATE CORP:Says the company lowered the consolidated mid-year outlook for revenue to 4,834 million yen from 4,860 million yen for the FY ending Feb. 2015.Sees a decrease of operating profit forecast to a loss of 22 million yen from a loss of 20 million yen.Sees an increase of ordinary profit forecast to a loss of 5 million yen from a loss of 11 million yen.Sees a decrease of net profit forecast to a loss of 133 million yen from a loss of 120 million yen.Sees a decrease of earnings per share to a loss of 12.26 yen from a loss of 10.98 yen.Says the company affirms the consolidated full-year outlook for revenue at 9,800 million yen for the FY ending Feb. 2015.Operating profit forecast at 0 million yen.Ordinary profit forecast increased to 25 million yen from 18 million yen.Net profit forecast increased to a loss of 150 million yen from a loss of 200 million yen.Earnings per share increased to a loss of 13.73 yen from a loss of 18.30 yen.Comments the decreased number of guests and increased cost are the main reasons for the forecast.Says it expects an extraordinary loss of about 75 million yen for Q2 of FY ending Feb. 2015.Says the loss is recorded for impairment loss.

Tabio Corp raises consolidated mid-year outlook for FY 2015

Monday, 22 Sep 2014 02:00am EDT

Tabio Corp:Says the company increased the consolidated mid-year outlook for revenue to 7,802 million yen from 7,124 million yen for the FY ending Feb. 2015.Operating profit forecast increased to 250 million yen from a loss of 22 million yen.Ordinary profit forecast increased to 267 million yen from a loss of 14 million yen.Net profit forecast increased to 135 million yen from a loss of 36 million yen.Earnings per share increased to 19.83 yen from a loss of 5.28 yen.Comments the increased income is the main reason for the forecast.

Pumpkin Patch Ltd announces chairperson change

Sunday, 21 Sep 2014 04:57pm EDT

Pumpkin Patch Ltd:Announces retirement of Jane Freeman as chairperson, effective Oct. 1.Announces appointment of Peter Schuyt as chairperson, effective Oct. 1.

Foschini Group Ltd announces implementation of share repurchase agreement

Friday, 19 Sep 2014 08:31am EDT

Foschini Group Ltd:Says as announced on Sept.1, shareholders of company approved specific repurchase of 11,000,000 ordinary shares from its subsidiary Foschini Stores (Proprietary) Limited at company’s Annual General Meeting held on Sept. 1.Says shareholders are advised that effective date of specific repurchase is Sept. 19 with purchase price of 117.39 rand per share.Says total consideration of 1,291,290,000 rand will be discharged by way of inter-company loans.

Mecox Lane Ltd completes spin-off of apparel and accessories business

Thursday, 18 Sep 2014 04:01pm EDT

Mecox Lane Ltd:Completes spin-off of the company's apparel and accessories business.Says the spin-off was completed through the sale of Mixblu Limited and its subsidiaries to Fast Fashion China Limited, for an adjusted consideration of about $6.1 mln pursuant to a share purchase agreement dated as of Aug. 8.

YGM Trading Ltd gives H1 2015 outlook

Thursday, 18 Sep 2014 07:04am EDT

YGM Trading Ltd:Expects the financial results of the group for H1 2015 to show a substantial decline in profit, as compared to H1 2014.The substantial decline in profit is mainly attributable to the significant decrease in sales in the retail and wholesale of branded garments, leather goods and accessories caused by a decline in the retail markets in which the Group operates, particularly in China.The absence of any exceptional gain in H1 2015 whereas an one-off exceptional gain of HK$30.0 million was recorded in the corresponding period last year as a result of the reversal of indemnity liabilities arising from the disposal of interest in an associate.

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