Destination Maternity Corp : Updated its financial guidance for fiscal 2016 . Sees 2016 gross margin to increase approximately 280 to 320 basis points year-over-year . Qtrly comparable sales decreased 5.2 pct . Sees comparable retail sales to be down in mid-single digit range for full year . Destination maternity corp says company plans to open 10 new stores and close 32 stores during fiscal year . Destination maternity reports third quarter and first nine months fiscal 2016 results . Q3 adjusted loss per share $0.09 . Q3 GAAP loss per share $0.11 .Q3 sales $102.6 million versus $119.5 million.
Fashion B Air Sa : H1 revenue 5.3 million euros ($5.70 million) versus 7.1 million euros year ago . H1 operating loss 1.2 million euros versus loss of 0.1 million euros year ago . H1 net loss 0.4 million euros versus profit 0.1 million euros year ago .Company expects a return to growth in the second half of fiscal year 2016/17.
V Grass Fashion <603518.SS>: Says a Shanghai-based investment fund plans to sell up to 6.1 percent stake (9 million shares) in it by March 31, 2017 .Says the investment fund holds 6.1 percent stake in it now.
Titan Company Ltd : Says Titan will retail Kenneth Cole watches through its wide distribution network .Titan company announced the latest brand under its wing, Kenneth Cole.