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Larry Jewelry clarifies on resignation of Luk Kee Yan Kelvin as exec director

Friday, 21 Apr 2017 09:05am EDT

April 21 (Reuters) - Larry Jewelry International Co Ltd <8351.HK> ::Luk Kee Yan Kelvin then executive director, was arrested by independent commission against corruption of hong kong on 19 april 2017.Board considers that arrest of Luk By Icac is not related to group, it has no material adverse impact to group.Considers arrest of luk by icac is not related to group and says business and operations of group will remain normal.Luk arrested related to his "alleged personal involvement in transaction of one of clients of Roma Group".Refers to resignation of Luk Kee Yan Kelvin as an executive director of company with effect from 20 april 2017.

Cato reports March same-store sales down 21 pct

Thursday, 6 Apr 2017 07:00am EDT

Cato Corp : Cato reports march same-store sales down 21% . March sales fell 22 percent to $93.2 million . March same store sales fell 21 percent . Cato Corp says "expect current sales headwinds to continue as we work through our merchandise assortment missteps" . Cato Corp says during month of March, company opened two stores and relocated one store .Cato Corp says march sales were negatively impacted by shift of Easter from march last year to April this year.

Kappahl Q2 operating profit tops forecasts

Thursday, 6 Apr 2017 01:30am EDT

Kappahl AB (Publ) : Says operating profit improved and was SEK 47 (31) million for quarter . Q2 gross margin 58.9 percent . Q2 sales in comparable stores +1.9 percent . Q2 gross margin was positively affected by continued work on pricing and campaign strategies percent .Reuters poll: Kappahl Q2 op profit was seen at SEK 43 million, comparable sales at +1.8 percent, gross margin at 58.8 pct.

Bebe Stores says committed to close 21 Bebe Store locations - SEC Filing

Wednesday, 5 Apr 2017 05:49pm EDT

Bebe Stores Inc : Bebe Stores Inc - On March 28, 2017, Bebe Stores, Inc. committed to close 21 Bebe Store locations - SEC Filing . Continuing to explore options with respect to its remaining stores .Bebe Stores - Co to incur impairment charge related to closed stores of about $2.0 million, will make termination payment to landlord of about $7.4 million.

NEW ART plans transition to holding company structure

Friday, 31 Mar 2017 04:46am EDT

NEW ART Co Ltd <7638.T> :Says it plans to transfer its jewelry and art business to its wholly owned subsidiary (successor preparatory company) and restructure itself into holding company, effective Oct. 1.

Bosideng International says unit enters share purchase agreement

Tuesday, 28 Mar 2017 09:07pm EDT

Bosideng International Holdings Ltd <3998.HK> : Deal at consideration of rmb660 million . Purchaser, unit of company, and vendor entered into share purchase agreement . Deal pursuant to equity transfer agreement, transferee agreed to acquire,transferors agreed to sell 100% of equity interest in You Nuo . Total consideration of equity transfer agreement is rmb20 million .Vendor is Jun Da Group Limited.

Bosideng International says unit enters share purchase agreement<3998.HK>

Tuesday, 28 Mar 2017 07:06pm EDT

Bosideng International Holdings Ltd <3998.HK> : Deal at consideration of rmb660 million . Purchaser, unit of company, and vendor entered into share purchase agreement . Deal pursuant to equity transfer agreement, transferee agreed to acquire,transferors agreed to sell 100% of equity interest in You Nuo . Total consideration of equity transfer agreement is rmb20 million .Vendor is Jun Da Group Limited.

RNB Q2 operating profit rises

Monday, 27 Mar 2017 01:30am EDT

Rnb Retail And Brands Ab (Publ) : Q2 operating income increased to SEK 11 mln (1) . Q2 net sales totaled SEK 590 mln (573), an increase of 3.1 percent .Sales in comparable stores in Sweden increased during the quarter by 0.6 percent, which was a better development compared to the market’s decrease of 2.4 percent.

Sportsmans Warehouse Holdings reports Q4 EPS $0.25

Thursday, 23 Mar 2017 04:01pm EDT

Sportsmans Warehouse Holdings Inc - : Announces fourth quarter and fiscal year 2016 financial results . Q4 earnings per share $0.25 . Q4 sales $221.4 million versus I/B/E/S view $228.2 million . Q4 same store sales fell 5.2 percent . Sees Q1 2017 loss per share $0.06 to $0.08 . Q4 earnings per share view $0.27 -- Thomson Reuters I/B/E/S . Sees fy 2017 earnings per share $0.60 to $0.68 . Sees q1 2017 sales $150 million to $155 million . Sees fy 2017 sales $825 million to $845 million . Q1 earnings per share view $-0.03, revenue view $164.0 million -- Thomson Reuters I/B/E/S . Fy2017 earnings per share view $0.70, revenue view $786.0 million -- Thomson Reuters I/B/E/S . 2017 net sales outlook million based on a same store sales decline in range of 4.0% to 6.0% compared to fiscal year 2016 . Sees same store sales decline in range of 9.0% to 11.0% in q1 .Sportsmans Warehouse Holdings - "Looking at fiscal year 2017, we are taking a conservative approach when planning our hunting and shooting business".

French Connection says FY revenue fell 6.7 pct to 153.2 mln pounds

Tuesday, 14 Mar 2017 03:06am EDT

French Connection Group Plc : FY revenue fell 6.7 percent to 153.2 million STG . Group revenue of 153.2 million STG for year ended jan. 31 versus 164.2 million STG . Says board have decided again that there will be no dividend payable for year . Underlying operating loss of 3.7 million STG for year ended Jan 31 versus 4.7 million STG . UK/Europe retail like-for-like sales up 4.4 pct for year ended Jan 31 . Saw improvement in performance over financial year with continued good progress in UK/Europe retail business . Says FY performance partly held back by wholesale and licensing divisions, particularly in first half of year ."Reaction to this year's collections has been very strong so far with sales both in stores and wholesale customers up on last year".

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