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Gap backs annual profit forecast after retailer confirms net income, sales fell in 2Q
2015-08-20 22:49:51| Apparel - Topix.net
Gap is keeping its fiscal-year profit forecast unchanged after further struggles in the second quarter marked by weakness at its namesake and Banana Republic stores that offset rising sales at Old Navy. The San Francisco company also said Thursday its plan to close 175 Gap stores in North America, as well as some locations in Europe, will cost a bit less than it expected.
UK clothing sales growth continues in July
2015-08-20 16:34:00| Daily apparel & textile news and comment - from just-style.com
Sales at UK clothing retailers continued on their upward trajectory in July, helping total retail sales increase for the 28th consecutive month year-on-year.
Tags: july
sales
growth
clothing
Li & Fung H1 hit by weak US and Europe sales
2015-08-20 12:55:00| Daily apparel & textile news and comment - from just-style.com
Li & Fung has revealed first-half results reflecting the ongoing weak macroeconomic conditions in its key markets, reporting lower first-half sales in the US and Europe.
Dallas Industries Appoints New Regional Sales Manager
2015-08-20 12:31:08| Industrial Newsroom - All News for Today
Troy, MI Dallas Industries, a leading manufacturer of coil handling, press feeding equipment and controls for the stamping industry has announced the appointment of John Heuring as Regional Sales Manager. Heuring will join the sales team in promoting Dallas equipment to both end-users and OEMs, as well as...
Tags: sales
manager
regional
industries
Flexsteel Posts Record Full-Year Sales and Profit
2015-08-20 08:35:45| Furniture - Topix.net
Flexsteel Industries Inc. today reported record sales and net income for its fiscal full year, ended June 30. For the year, the Dubuque, Iowa-based furniture maker said revenue increased 6.5% to $467 million from $438.5 million representing the sixth consecutive year of improved sales. Year-end net income rose to $22.3 million, or $2.89 per diluted share, from $15 million, or $2 per diluted share, primarily driven by top-line growth and improved margin.
Tags: sales
posts
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profit
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