ANALYSIS Asos Plc, the U.K.’s largest online-only fashion retailer, rose the most in almost five months after reporting second-quarter revenue that beat analysts’ estimates as sales accelerated at home and abroad. Additionally, the online fashion giant got its Australian customers’excitement back by […]

Abercrombie & Fitch Co. shares dropped the most in almost four months after holiday sales missed estimates by nearly 2 percent. Confidence faltered even deeper after the teen apparel retailer declined to give an earnings forecast. The problem is, according to market insiders, Abercrombie & Fitch is […]

American Eagle Outfitters and Moncler made it to the news on Thursday after both companies saw their respective stocks boosted on better-than-expected quarterly results. Italian apparel stocks fared well as well, spurred by the last CEB’s stimulus. European stocks were set to rise on Thursday, with […]

REPORT American Eagle Outfitters has reported EPS from continuing operations of 0.36 dollars for the fourth quarter ended January 31, 2015, compared to adjusted EPS of 0.27 dollars for the comparable quarter last year, representing an increase of 33 percent. The company also announced adjusted EPS from […]

REPORT Abercrombie & Fitch reported unaudited fourth quarter financial results that reflected GAAP net income of 44.4 million dollars and net income per diluted share of 0.63 dollars for the thirteen weeks ended January 31, 2015, compared to GAAP net income of 66.1 million dollars and net income per […]

Forbes magazine has just released its annual list of world’s richest amongst rich. The 29th edition of this account of those known as the wealthiest in the planet has increased to record 1,826 billionaires, adding 290 newcomers. This year, stressed authors of ‘Forbes’ billionaires list, ten-figure fortunes […]

OVS – Italy’s largest fashion retailer – debuted Monday on Milan Stock Exchange, becoming the first fashion initial public offering in the country since that of Moncler in December 2013. First day of trading was not the success anticipated by the company, as many in the trade have highlighted. Over […]

REPORT GAAP revenue increased 0.5 percent for the fiscal year 2014 to 1.2 billion dollars. On a constant currency basis, revenue increased 1.8 percent as compared to the prior year. For the fourth quarter, revenue was 206.5 million dollars, a decline of 9.7 percent as compared to the fourth quarter […]

REPORT Gap’s diluted earnings per share increased 10 percent for the fourth quarter of fiscal year 2014 to 0.75 dollars per share and 5 percent to 2.87 dollars for the 2014 fiscal year. Excluding the year-over-year impact from foreign exchange, the company’s diluted earnings per share increased approximately […]

Shares of Chico's FAS (NYSE:CHS) retreated Wednesday on reports that Sycamore Partners has abandoned its takeover attempt of the women's clothing retailer, reported ‘Investors Business Daily’. The New York-based private equity firm reportedly failed to line up financing for the deal on acceptable terms. […]

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