Sporting goods retailer Hibbett Sports Inc posted a 16 percent rise in quarterly profit, which was in line with market estimates, on positive apparel and footwear sales, and reaffirmed its outlook for the current financial year.
Singers really like fashion. For example, on her world tour Madonna chose a plethora of designers’ clothes, including Stella McCartney and Givenchy. Now it can be seen that Europeans are no different; the Italian singer Laura Pausini has plumped for the chic look of Emporio Armani.
As the economy gets ugly, droves of out-of-work Australians, male and female, are finding a career in beauty really pays. Avon, the largest direct selling beauty company in the world, has recruited more than 7,000 door-to-door saleswomen -- and men -- in February alone.
Mulberry has ended its joint-venture with its American partner. The luxury brand has announced that it has, in principle, agreed a deal to take total control of its boutiques and points of sales in the USA.
AnnTaylor Stores Corp reported a smaller-than-expected quarterly loss on Wednesday 20 May as tight inventory management and cost-cutting improved margins, but it gave a cautious forecast, helping to send its shares down 2.9 percent.
Tween Brands Inc reported a narrower-than-expected first-quarter loss, aided by a tight control of expenses and inventory levels, and said it was on track to "comfortably satisfy" its credit facility covenants.