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Oroton Group H1 earnings slide on costs
2015-05-22 12:04:56| Daily apparel & textile news and comment - from just-style.com
Australian retail business Oroton Group saw its earnings slide in the first half as the company worked through a period of brand repositioning and expansion of its distribution reach.
Tags: group
costs
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earnings
Oroton cuts earnings forecast
2015-05-22 06:22:21| Apparel - Topix.net
Mid-tier luxury handbag and accessories maker Oroton Group has downgraded earnings expectations for the second time this year, as the group's strategy to get consumers to pay full price for its products cost more than anticipated, and slower sales at its Gap and Brooks Brothers ventures hurt profitability. After trading through the third quarter, including the key trading month of April which resulted in an unexpected reduced group earnings before interest and tax compared to prior comparable period of just over $2 million, Oroton now no longer expects earnings before interest and tax growth in the second half of fiscal 2015.
Tags: cuts
earnings
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earnings forecast
Oroton optimistic despite H1 declines
2015-03-19 12:23:00| Daily apparel & textile news and comment - from just-style.com
Australian retail business Oroton Group has offered an optimistic outlook for the second half, despite revealing a drop in earnings and margin in the first six months of the year.
Tags: optimistic
declines
oroton
Oroton issues profit warning as sales wane
2015-01-15 13:24:00| Daily apparel & textile news and comment - from just-style.com
Retail business Oroton Group warned first-half earnings were likely to decline by up to AUD3.5m (US$2.9m) on last year, thanks to lower sales and higher than expected levels of discounting at Christmas.
Tags: sales
issues
profit
warning
Oroton shares slammed on profit warning
2015-01-15 04:31:20| Apparel - Topix.net
Fashion retailer Oroton has warned its half year earnings are set to fall by as much as 14 per cent. Shares in luxury fashion and accessories retailer Oroton have plummeted after it became the first retailer since Christmas to warn of a profit fall.
Tags: profit
warning
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slammed