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Macy's cuts outlook despite Q3 profit boost

2014-11-12 16:00:00| Daily apparel & textile news and comment - from just-style.com

Department store retailer Macy's has lowered its full-year earnings and sales guidance despite booking a double-digit increase in third-quarter net profit.

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Encana Q3 profit jumps with gains from divestitures, operating income rises

2014-11-12 14:56:17| Oil & Gas - Topix.net

Encana Corp. had a huge jump in net income in the third quarter, thanks to about $2.4 billion of gains on asset divestitures that were part of its strategic shift to focus more on crude oil and liquids-rich natural gas. Net income was $2.8 billion or $3.79 per share while operating earnings rose to $381 million or 38 cents per share.

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Currency weighs on Burberry H1 profit

2014-11-12 14:07:00| Daily apparel & textile news and comment - from just-style.com

Weighed down by currency exchange rates, British luxury brand Burberry has reported a double-digit drop in first-half net profit - which one analyst says is a "blip on its habitually consistent record of success".

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Aeffe returns to YTD profit despite revenue dip

2014-11-12 13:45:00| Daily apparel & textile news and comment - from just-style.com

Luxury goods business Aeffe, owner of the Moschino and Alberta Ferretti brands, returned to profit in the nine months to the end of September, despite a slight dip in sales.

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Export growth boosts Moncler YTD profit

2014-11-12 13:37:00| Daily apparel & textile news and comment - from just-style.com

Italian luxury fashion group Moncler nearly doubled its net profit for the first nine months of the year, thanks to strong export growth.

Tags: growth export profit boosts

 

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