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Tough November sees Asos slash FY profit outlook

2018-12-17 15:52:00| Daily apparel & textile news and comment - from just-style.com

Shares in Asos remained down by more than 38% this afternoon (17 December) as the UK-based online fashion retailer warned a slowdown in November has meant it will no longer meet its FY2018/19 revenue growth target of 20%-25%.

Tags: november profit outlook tough

 

Asos issues profit warning over fashion discounting

2018-12-17 08:57:50| BBC News | Business | UK Edition

The online fashion giant says trading in November was "significantly behind expectations".

Tags: issues fashion profit warning

 
 

Bonmarche shares tumble on FY profit warning

2018-12-13 12:22:00| Daily apparel & textile news and comment - from just-style.com

Bonmarché has warned it could swing to a full-year loss as "extremely poor" Black Friday sales and the uncertainty surrounding Brexit makes for current trading conditions that CEO Helen Connolly said are unprecedented in the retailer's experience and "significantly worse" than during the recession of 2008/9.

Tags: profit warning shares tumble

 

Lack of discounting boosts Inditex profit and sales

2018-12-12 11:47:00| Daily apparel & textile news and comment - from just-style.com

Spanish clothing giant Inditex has maintained its sales and margin guidance for the full year amid increases in both earnings and revenues in the first nine months as the group continues to roll out its global, fully integrated store and online platform.

Tags: sales lack profit boosts

 

Ascena Retail sees Q1 profit dip on fewer stores

2018-12-11 12:20:00| Daily apparel & textile news and comment - from just-style.com

US women's wear retailer Ascena Retail Group has reported a slight dip in earnings and sales for the first quarter on the back of fewer stores as part of an ongoing optimisation programme and increased expenses.

Tags: stores retail profit fewer

 

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