Columbia Sportswear Company is expanding its global headquarters in Washington County, Oregon. According to an announcement from the brand on August 21, the company bought three nearby buildings from Electro Scientific Industries for 33 million USD. This acquisition will provide Columbia with 200,000 […]

Dick’s Sporting Goods reported consolidated net income for the second quarter ended August 3, 2019 of 112.5 million dollars or 1.26 dollars per diluted share, compared to 119.4 million dollars or 1.20 dollars per diluted share in the previous year. Net sales for the quarter increased 3.8 percent to […]

In its interim results announcement for the six months, Li & Fung Limited, supply chain solutions partner for brands and retailers, said, on a like-for-like basis, turnover decreased 8.4 percent to 5,356 million dollars mainly due to ongoing destocking, customer turnover and customer bankruptcies […]

The Cato Corporation reported net income of 11.9 million dollars or 48 cents per diluted share for the second quarter ended August 3, 2019 compared to 6.5 million dollars or 26 cents per diluted share for the second quarter ended August 4, 2018. Sales for the quarter were 210.4 million dollars or an […]

US fashion resale company ThredUp has announced it has received 175 million dollars in funding that it will use to “fuel a new wave of growth and platform expansion.” With the new funding, ThredUp is launching a platform called RAAS (Resale-As-A-Service), which will provide services for retailers to […]

Board of directors at Ross Stores, Inc. has declared a regular quarterly cash dividend of 255 cents per common share, payable on September 30, 2019 to stockholders of record as of September 12, 2019. Headquartered in Dublin, California, with fiscal 2018 revenues of 15 billion dollars, Ross Stores operates […]

L Brands, Inc. earnings per share for the second quarter ended August 3, 2019, were 14 cents compared to 36 cents for the quarter ended August 4, 2018, while operating income was 174.6 million dollars compared to 228.1 million dollars last year and net income was 37.6 million dollars compared to 99 […]

Nordstrom, Inc. has reported earnings per diluted share of 90 cents for the second quarter ended August 3, 2019 compared to 95 cents in the prior year. Total company net sales decreased 5.1 percent to 3,778 million dollars, while net earnings were 141 million dollars compared with 162 million dollars […]

Alibaba Group Holding Ltd has delayed its initially planned 15-billion-dollar listing in Hong Kong as protests continue in the region. The company has not set a new timetable for the listing, but the deal could still happen as early as October. Alibaba is watching closely to see if political unrest […]

Amazon has announced that its biggest global campus has opened in India in Hyderabad. This will help better position Amazon to compete with its top rival Walmart. Jeff Bezos has committed 5.5 billion dollars to growth in India. The new Hyderabad campus is the first building Amazon has owned outside […]

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