 | Austin Reed eyes expansion
[09.05.08] With profit in its first full year as a private company up to £8.8 million from £6.7 million, UK retailer Austin Reed is continuing its growth plans with 30 new stores set to open this financial year. |
| Poor sales hurt Maidenform
[07.05.08] Despite an improved performance in its retail business, Maidenform Inc, has reported a net income for the first quarter of 2008 of US$6.0 million, down from US$7.0 million in the same period in 2007. |
| Bebe posts profit slide
[02.05.08] California-based Bebe Stores Inc. has reported a 35% drop in third-quarter profit to US$8.3 million, hit by lower sales at stores open at least a year and an increased marketing spend. |
| Earnings soar at True Religion
[30.04.08] True Religion Apparel Inc. has more than doubled its fourth-quarter earnings on the back of strong momentum in both its wholesale and direct to consumer business. |
| Asos sales surge
[28.04.08] Online retailer Asos has almost doubled its annual sales, with profits set to beat forecasts. Sales for the fiscal year have surged 90% to £81 million with the performance continuing into the first month of the current year. |
| Growth slows at PPR
[24.04.08] The PPR Group, owners of the Gucci brand, has reported lower sales growth for its first quarter hinting at the first signals of a slowdown in consumer spending affecting the luxury goods sector. |
| Hanesbrands weathers the storm
[22.04.08] Successful restructuring and stringent cost cutting have helped underwear maker Hanesbrands to a first quarter net profit of US$36 million, up from US$12 million in the same period last year. |
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| Hartmarx signs India deal
[08.04.08] - Arvind Brands, a division of Arvind Mills Ltd, has signed a license agreement with the Hartmarx Corporation to bring a number of the Chicago-based company’s brands to India. |
| Cost cutting helps Adidas growth
[06.05.08] Adidas AG, has reported a 32% increase in first quarter profit as supply chain savings from its acquisition of Reebok International finally began to filter through to the balance sheet. |
| Iconix establishes China joint venture
[01.05.08] Posting a 50% increase in first quarter net income, Iconix Brand Group has announced plans to form an equal joint venture with Hong Kong-based Novel Fashion Holdings Limited. |
| Higher spending cuts Under Armour profit
[29.04.08] Under Armour Inc., has reported a 71% plunge in first quarter profits to US$2.87 million, hit by higher costs as it shifted of a substantial portion of its full year marketing spend to the first half of the year. |
| Charming Shoppes ponders sell-off
[26.04.08] Plus-size apparel retailer Charming Shoppes Inc. is exploring strategic alternatives for its non-core apparel catalogue business, in order to focus more on its core brands. |
| International arm drives VF
[23.04.08] VF Corp. has reported first-quarter earnings of US$149 million, or US$1.33 a share, up from US$138.3 million, or US$1.20 a share, on the back of strong growth in its international and outdoor businesses. |
| Les Enphants plans IPO
[21.04.08] Les Enphants Co Ltd, Taiwan's largest baby apparel retailer, has outlined plans for an initial public offering for Shanghai Les Enphants Children, its mainland-China based business. |
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