 |
Global trend release by WGSN & Pantone at leather fashion platform 18-03-2010
As a leading fashion platform in Asia, Dongguan China Shoes & China Bags will deliver spring-summer 2011 global trends covering style, color and materials in the industry and showcase the latest products from about 500 suppliers. |
 |
Benetton says CEO to leave, proposes lower dividend 18-03-2010
Italian clothing retailer Benetton Group SpA said its chief executive would leave after nearly three years at the helm and said it would distribute a lower dividend as it confirmed a drop in yearly net profit. |
 |
Stein Mart fourth quarter results top estimates; shares rise 18-03-2010
Discount retailer Stein Mart Inc posted an adjusted quarterly profit that beat analysts' estimates on lower costs, sending its shares up 13 percent. |
 |
Shoe Carnival fourth quarter profit beats estimates, first quarter view strong 18-03-2010
Shoe Carnival Inc reported a quarterly profit that beat analysts' estimates, mainly on strong demand at its boots and athletic footwear business, and forecast a strong first quarter. |
 |
Nike beats Street view, shares sprint higher 18-03-2010
Nike Inc posted a return to sales and profit growth and forecast higher expected orders around the world after a year of declines, sending its shares up more than 3 percent. |
 |
Casual Male fourth quarter profit beats market view 18-03-2010
Casual Male Retail Group Inc swung to a fourth-quarter profit that beat market expectations, as the men's apparel retailer tightly managed costs and inventories to offset declining sales. |
 |
Aeon sees profit recovery in second half of 2009/10 18-03-2010
Aeon Co Ltd, Japan's second-largest retailer, said it is likely to post an operating profit of 128.8 billion yen for the year ended in February, beating market expectations thanks to a sharp recovery in the second half. |
 |
Americans, Asians buy more Swiss watches in February 18-03-2010
Demand for Swiss watches jumped in February as consumers in Asia and North America splurged on timepieces, data showed, adding to evidence that the industry is bouncing back from a steep slump during the financial crisis. |
 |
Li Ning says January and February store sales up, third quarter orders grows 18-03-2010
Chinese sportswear brand Li Ning Co Ltd said its same stores sales grew 6.5 percent in first two months of 2010 and it aims to achieve 10 percent growth for whole of 2010 as the sports goods industry continues to recover. |
 |
Hugo Boss says not recalling any clothes in China 18-03-2010
German fashion house Hugo Boss is not recalling any clothes in China after a Chinese province said it had seized some imported top-end clothing carrying labels of well-known luxury brands. |
 |
Kao raises group operating profit outlook 18-03-2010
Kao Corp, Japan's largest maker of toiletries, expects its group operating profit to decline 7 percent for the year ending March 31, but better than prior expectations due to margin improvement, the Nikkei business daily reported. |
 |
Guess posts bigger fourth quarter profit 18-03-2010
Apparel brand Guess Inc posted an 81 percent rise in quarterly profit as margin improvements and cost controls helped the fashion house, and the company forecast first-quarter results mostly above estimates. |
 |
Italy's Della Valle again boosts Saks stake 18-03-2010
Italian businessman Diego Della Valle continued his shopping spree at Saks Inc in recent days, buying millions of new shares on top of recent stock purchases and nearly doubling his stake in the luxury U.S. department store chain since early March. |
 |
China province seizes imported clothes on safety worries 17-03-2010
The eastern Chinese province of Zhejiang has seized items of imported top-end clothing made by the likes of Versace and Hugo Boss after tests showed some were of substandard quality and a potential health threat. |
 |
Gazans find glimmer of luxury in thriving gold bazaar 17-03-2010
Gaza's borders are closed and its economy in shambles, but the glittering alleys of the territory's centuries-old gold bazaar are packed with young brides to be. |
 |
Shree Ganesh Jewellery to raise 3.28 billion rupees via IPO 17-03-2010
Jewellery House Ltd plans to raise 3.28 billion rupees from its initial public offering of 14.26 million shares. |
 |
Mariella Burani declared insolvent 17-03-2010
An Italian court has declared debt-laden Mariella Burani Fashion Group insolvent, leaving 30 days to decide whether the luxury goods maker can be saved by an administration process. |
 |
Merrill upgrades Ann Taylor on turnaround hopes 17-03-2010
AnnTaylor Stores Corp's efforts to revamp its offerings and reduce prices will boost the company's performance near term, Bofa Merrill Lynch said, and raised the stock of the women's apparel retailer a notch to "neutral". |
 |
PVH to tap debt market to fund Hilfiger deal 17-03-2010
Phillips-Van Heusen Corp has turned down guaranteed bank financing for the purchase of fashion brand Tommy Hilfiger, in order to save millions of dollars in fees. |
