Tween Brands Inc (TWB.N) posted a surprise quarterly loss as tightened consumer spending weighed on the sales of its premium-priced Limited Too brand, and the teen-apparel retailer said it would cut more jobs to reduce costs.
Avon Products Inc (AVP.N) said on Thursday that it expected to save more than it had previously anticipated from its original restructuring, and unveiled a new plan to improve profits and fund its growth.
Blue Nile Inc (NILE.O) posted a lower quarterly profit that missed expectations as sales fell, and said the economic downturn prevented it from giving a financial outlook, sending its shares down 9.7 percent.
Nike Inc will build a logistics centre in eastern China, the facility will become Nike's largest such centre in Asia when it is completed at the end of 2010, the company said in a statement seen on Wednesday.
Britain's Croda, which makes ingredients for cosmetics and personal care products, reported on Tuesday full-year pretax profits up 78.3 percent to 98.4 million pounds ($140.7 million) in a difficult environment.
Watchmaker Fossil Inc posted quarterly results in line with estimates, forecast a weak 2009 first-half and said it is in the process of making selective layoffs and other cost-cutting measures in 2009.