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Apparel & Accessories

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VRG Plans To Merge With Its Unit BTM 2

Tuesday, 2 Apr 2019

April 2 (Reuters) - VRG SA ::CO PLANS TO MERGE WITH ITS UNIT BTM 2.

Sanyo Shokai Says 247 Workers Accepted Voluntary Retirement, To Book Around 2.2 Billion Yen Special Loss

Tuesday, 25 Dec 2018

Dec 25 (Reuters) - Japan's Sanyo Shokai Ltd <8011.T>::247 WORKERS ACCEPTED VOLUNTARY RETIREMENT, TO BOOK AROUND 2.2 BILLION YEN SPECIAL LOSS.

Under Armour Presents 2023 Strategic Growth Plan, Updates 2018 & Provides Initial FY 2019 Outlook

Thursday, 13 Dec 2018

Dec 12 (Reuters) - Under Armour Inc ::UNDER ARMOUR PRESENTS 2023 STRATEGIC GROWTH PLAN; UPDATES 2018 AND PROVIDES INITIAL FULL YEAR 2019 OUTLOOK.SEES FY 2018 EARNINGS PER SHARE $0.31 TO $0.33.SEES FY 2018 REVENUE UP ABOUT 3 TO 4 PERCENT.Q4 EARNINGS PER SHARE $0.09.Q4 EARNINGS PER SHARE ESTIMATE $0.05 -- REFINITIV IBES DATA.REVENUE IS EXPECTED TO RETURN TO A LOW DOUBLE-DIGIT GROWTH RATE BY 2023.UNDER ARMOUR - GROSS MARGIN IS EXPECTED TO INCREASE APPROXIMATELY 275 TO 300 BASIS POINTS REACHING AT LEAST 48.0 PT IN 2023.EARNINGS PER SHARE IS EXPECTED TO GROW AT A FIVE-YEAR CAGR OF APPROXIMATELY 40 PERCENT IN 2023.EARNINGS PER SHARE IS EXPECTED TO GROW AT A FIVE-YEAR CAGR OF APPROXIMATELY 40 PERCENT.RETURN ON INVESTED CAPITAL IS EXPECTED TO REACH 20 PERCENT BY 2023.2019 EARNINGS PER SHARE IS EXPECTED TO BE IN RANGE OF $0.31 TO $0.33.FULL YEAR 2019 REVENUE IS EXPECTED TO BE UP ABOUT 3 TO 4 PERCENT.FY2018 EARNINGS PER SHARE VIEW $0.22, REVENUE VIEW $5.18 BILLION -- REFINITIV IBES DATA.FY2019 EARNINGS PER SHARE VIEW $0.35, REVENUE VIEW $5.45 BILLION -- REFINITIV IBES DATA.UNDER ARMOUR - FULL YEAR 2019 CAPITAL EXPENDITURES ARE PLANNED AT ABOUT $210 MILLION.EXCLUDING IMPACT OF RESTRUCTURING EFFORTS, 2018 ADJUSTED EARNINGS PER SHARE NOW EXPECTED TO BE $0.21-$0.22.YEAR-END INVENTORY FOR 2018 IS NOW EXPECTED TO BE DOWN AT A MID-SINGLE-DIGIT RATE.

Under Armour Presents 2023 Strategic Growth Plan; Updates 2018 & Provides Initial Full Year 2019 Outlook

Thursday, 13 Dec 2018

Dec 12 (Reuters) - Under Armour Inc ::UNDER ARMOUR PRESENTS 2023 STRATEGIC GROWTH PLAN; UPDATES 2018 AND PROVIDES INITIAL FULL YEAR 2019 OUTLOOK.UNDER ARMOUR - U.S. TAX ACT CHANGES RESULTED IN DECREASE TO EPS OF $0.09 FOR Q4 & FY 2017 .SEES FY 2019 EARNINGS PER SHARE $0.31 TO $0.33 (CORRECTS PERIOD).SEES FY 2019 REVENUE UP ABOUT 3 TO 4 PERCENT.REVENUE IS EXPECTED TO RETURN TO A LOW DOUBLE-DIGIT GROWTH RATE BY 2023.UNDER ARMOUR - GROSS MARGIN IS EXPECTED TO INCREASE APPROXIMATELY 275 TO 300 BASIS POINTS REACHING AT LEAST 48.0 PT IN 2023.EARNINGS PER SHARE IS EXPECTED TO GROW AT A FIVE-YEAR CAGR OF APPROXIMATELY 40 PERCENT.EARNINGS PER SHARE IS EXPECTED TO GROW AT A FIVE-YEAR CAGR OF APPROXIMATELY 40 PERCENT.RETURN ON INVESTED CAPITAL IS EXPECTED TO REACH 20 PERCENT BY 2023.2019 EARNINGS PER SHARE IS EXPECTED TO BE IN RANGE OF $0.31 TO $0.33.FULL YEAR 2019 REVENUE IS EXPECTED TO BE UP ABOUT 3 TO 4 PERCENT.FY2018 EARNINGS PER SHARE VIEW $0.22, REVENUE VIEW $5.18 BILLION -- REFINITIV IBES DATA.FY2019 EARNINGS PER SHARE VIEW $0.35, REVENUE VIEW $5.45 BILLION -- REFINITIV IBES DATA.UNDER ARMOUR - FULL YEAR 2019 CAPITAL EXPENDITURES ARE PLANNED AT ABOUT $210 MILLION.EXCLUDING IMPACT OF RESTRUCTURING EFFORTS, 2018 ADJUSTED EARNINGS PER SHARE NOW EXPECTED TO BE $0.21-$0.22.YEAR-END INVENTORY FOR 2018 IS NOW EXPECTED TO BE DOWN AT A MID-SINGLE-DIGIT RATE.

Destination Maternity Q3 Loss Per Share $0.30

Tuesday, 11 Dec 2018

Dec 11 (Reuters) - Destination Maternity Corp ::DESTINATION MATERNITY REPORTS THIRD QUARTER AND FIRST NINE MONTHS FISCAL 2018 RESULTS.Q3 ADJUSTED LOSS PER SHARE $0.12.Q3 LOSS PER SHARE $0.30.Q3 SAME STORE SALES FELL 2.6 PERCENT.FULL-YEAR 2018 SG&A NOW GUIDED TO $198 MILLION TO $202 MILLION.Q3 SALES FELL 3.7 PERCENT TO $92.8 MILLION.Q3 E-COMMERCE SALES REPRESENTED 21.7% OF RETAIL SALES, COMPARED TO 20.7% LAST YEAR.RE-AFFIRMS FY 2019 AND FY 2022 ADJUSTED CASH FLOW AND ADJUSTED EBITDA.IN SHORT-TERM, WE EXPECT INVENTORY LEVELS WILL BE HIGHER THAN OPTIMAL.WHILE QTRLY E-COMMERCE REVENUES WERE FLAT COMPARED TO PRIOR YEAR, EXCLUDING 3RD PARTY E-COMMERCE SITES, SALES WERE UP 8%.FY 2019 COMPARABLE SALES EXPECTATIONS REMAIN UNCHANGED AT 0.0% - 1.4%.QTRLY BRICK AND MORTAR SALES REMAIN SLUGGISH.CONTINUE TO SHUTTER UNPROFITABLE STORES.IN SHORT-TERM, EXPECT INVENTORY LEVELS WILL BE HIGHER THAN OPTIMAL.SEES FY 2018 SALES $387 MILLION - $391 MILLION.SEES FY 2022 SALES $450 MILLION - $475 MILLION.SEES FY 2019 SALES $375 MILLION - $385 MILLION.SEES $7 MILLION IN CASH FLOW FROM WORKING CAPITAL IN FY 2019 FROM ON-GOING INVENTORY REDUCTION EFFORTS.SEES FY 2018 ADJUSTED LOSS PER SHARE $0.38 - $0.33 LOSS PER SHARE.SEES FY 2022 ADJUSTED EARNINGS PER SHARE $1.20 - $1.60.SEES FY 2019 ADJUSTED. LOSS PER SHARE $0.03 - ADJUSTED EARNINGS PER SHARE $0.15.

PVH Corp Reports 2018 Third Quarter EPS Above Guidance

Friday, 30 Nov 2018

Nov 29 (Reuters) - PVH Corp ::PVH CORP REPORTS 2018 THIRD QUARTER EPS ABOVE GUIDANCE AND RAISES FULL YEAR EPS OUTLOOK.SEES FY 2018 NON-GAAP EARNINGS PER SHARE $9.33 TO $9.35.SEES Q4 2018 NON-GAAP EARNINGS PER SHARE $1.58 TO $1.60.SEES FY 2018 GAAP EARNINGS PER SHARE $9.10 TO $9.12.SEES Q4 2018 GAAP EARNINGS PER SHARE $1.54 TO $1.56.Q3 NON-GAAP EARNINGS PER SHARE $3.21.Q3 GAAP EARNINGS PER SHARE $3.15.Q3 REVENUE $2.5 BILLION VERSUS REFINITIV IBES ESTIMATE OF $2.53 BILLION.Q3 EARNINGS PER SHARE ESTIMATE $3.14 -- REFINITIV IBES DATA.Q3 REVENUE INCREASED 7% (INCREASED 9% ON A CONSTANT CURRENCY BASIS).REVENUE IN CALVIN KLEIN BUSINESS FOR QUARTER INCREASED 2% TO $963 MILLION.QTRLY CALVIN KLEIN NORTH AMERICA REVENUE INCREASED 1% TO $481 MILLION (INCREASED 2% ON A CONSTANT CURRENCY BASIS).REVENUE IN TOMMY HILFIGER BUSINESS FOR QUARTER INCREASED 11% TO $1.1 BILLION.QTRLY TOMMY HILFIGER NORTH AMERICA REVENUE INCREASED 3% TO $424 MILLION.QTRLY TOMMY HILFIGER NORTH AMERICA COMPARABLE STORE SALES WERE RELATIVELY FLAT.QTRLY CALVIN KLEIN NORTH AMERICA COMPARABLE STORE SALES DECLINED 2%.REVENUE IN Q4 OF 2018 WILL BE NEGATIVELY IMPACTED.REVENUE IN Q4 OF 2018 IS PROJECTED TO DECREASE APPROXIMATELY 4%.REVENUE FOR TOMMY HILFIGER BUSINESS IN Q4 IS PROJECTED TO DECREASE APPROXIMATELY 4% (TO BE FLAT ON A CONSTANT CURRENCY BASIS).REVENUE FOR CALVIN KLEIN BUSINESS IN Q4 IS PROJECTED TO DECREASE APPROXIMATELY 6% (DECREASE APPROXIMATELY 3% ON A CONSTANT CURRENCY BASIS).

Destination Maternity Corp announces strategic plan for long-term growth and profitability

Thursday, 1 Nov 2018

Nov 1 (Reuters) - Destination Maternity Corp ::DESTINATION MATERNITY CORPORATION ANNOUNCES STRATEGIC PLAN FOR LONG-TERM GROWTH AND PROFITABILITY.DESTINATION MATERNITY CORP - COMPANY OUTLINES PERFORMANCE GOALS TO DELIVER IMPROVED PROFITABILITY; PROVIDES LONG-TERM OUTLOOK THROUGH FY 2022.DESTINATION MATERNITY CORP - RE-AFFIRMS FY 2018 GUIDANCE AND INTRODUCES FY 2019 AND FY 2022 OUTLOOKS.DESTINATION MATERNITY CORP - SEES FY 2022 ADJUSTED EPS OF $1.20 TO $1.60.DESTINATION MATERNITY - ANTICIPATES PLAN WILL HELP ACHIEVE FY 2022 REVENUE GOALS OF $450 MILLION TO $475 MILLION WITH E-COMMERCE GROWTH OF 20%+ ANNUALLY.DESTINATION MATERNITY CORP SEES FY 2022 ADJUSTED EBITDA OF $42 MILLION TO $51 MILLION.DESTINATION MATERNITY CORP - SEES FY 2022 ADJUSTED FREE CASH FLOW OF $29 MILLION TO $36 MILLION.DESTINATION MATERNITY CORP SEES FY FISCAL 2019 TOTAL REVENUE OF $377 MILLION TO $387 MILLION.DESTINATION MATERNITY CORP SEES 2019 ADJUSTED EPS RANGING FROM A LOSS OF $0.03 TO A PROFIT OF $0.15.DESTINATION MATERNITY CORP SEES FY FISCAL 2019 COMPANY COMPARABLE SALES UP 0.0% - 1.4%.DESTINATION MATERNITY CORP SEES 2019 ADJUSTED FREE CASH FLOW FROM $12.0 MILLION TO $15.6 MILLION.DESTINATION MATERNITY CORP - SEES FY 2022 SG&A DECLINING 42% TO 45% OF SALES.

Gerry Weber International Says To Focus On Core Brands

Thursday, 25 Oct 2018

Oct 25 (Reuters) - Gerry Weber International AG ::DGAP-NEWS: GERRY WEBER INTERNATIONAL AG: GERRY WEBER TO FOCUS ON CORE BRANDS.WILL NOW FOCUS ON ITS CORE BRANDS, GERRY WEBER, TAIFUN AND SAMOON AS WELL AS HALLHUBER..YOUNGEST LABEL OF GERRY WEBER INTERNATIONAL AG WILL BE DISCONTINUED.MOST EMPLOYEES WILL BE INTEGRATED WITHIN COMPANY.

Wesc AB: External Debt Of About SEK 7.5 Mln To Be Written Down By 75 Pct

Monday, 1 Oct 2018

Oct 1 (Reuters) - WeSC AB (publ) ::SETTLEMENT DECISION IN UNIT WE INTERNATIONAL AB.EXTERNAL DEBT OF ABOUT SEK 7.5 MILLION TO BE WRITTEN DOWN BY 75 PERCENT TO ALMOST SEK 2 MILLION AND TO BE PAID TO CREDITORS WITIHIN 1 YEAR.

Gerry Weber International Has Instructed Preparation Of Restructuring Opinion

Saturday, 22 Sep 2018

Sept 21 (Reuters) - Gerry Weber International AG ::DGAP-ADHOC: GERRY WEBER INTERNATIONAL AG HAS INSTRUCTED PREPARATION OF A RESTRUCTURING OPINION.

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