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Acquisitions help Sports Direct to H1 profit hike

2019-12-16 14:12:00| Daily apparel & textile news and comment - from just-style.com

Acquisitions have helped Sports Direct International Plc to a 58% jump in first-half profits to GBP101.8m (US$135.9m), with the company now upping its full-year profit guidance after an initial delay.

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Technology underpins Inditex 9-month profit jump

2019-12-12 12:40:00| Daily apparel & textile news and comment - from just-style.com

Inditex, owner of the Zara and Bershka brands and one of the world's largest fashion retailers, has recorded a 12% jump in net profit for the first nine months to EUR2.72bn (US$3bn).

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Ascena books Q1 profit despite sales slide

2019-12-11 09:38:00| Daily apparel & textile news and comment - from just-style.com

Ascena Retail Group, owner of the Ann Taylor, Loft and Lane Bryant chains, has reported a mixed first quarter as profit surged but net sales dropped by 3% amid the wind down of its Dressbarn business.

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Ted Baker bosses quit amid further profit warning

2019-12-10 11:06:00| Daily apparel & textile news and comment - from just-style.com

The chief executive officer of Ted Baker has quit amid yet another profit warning from the UK-based fashion retailer.

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Ted Baker bosses resign as firm issues profit warning

2019-12-10 09:50:31| BBC News | Business | UK Edition

The chief executive and executive chairman at the High Street fashion retailer are to step down.

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