US: Limited Brands Q4 sales fall 19.8%
Limited Brands has posted fourth quarter net sales of $3.228bn, down from $4.025bn for Q4 last year.
The company posted a same-stores sales decrease of 2% for the fiscal year. Net sales for the full-year were $10.086bn for the year compared to $10.671bn last year.
The Victoria's Secret and La Senza operator yesterday (8 February) reported that same-store sales for the month of January decreased 8%, and said net sales were $625.8m, down from $1.060bn in the same month last year.
New retail space contributed to a double-digit second quarter revenue rise at Cabela's, but profit was cut by more than US$4m....
Trying to distance itself from the New York garment factory last week accused of labour law violations, retailer Macy's Inc yesterday (29 July) issued a statement to say that its goods were not produc...
Jones Apparel Group Inc has swung to a second quarter profit of $10.6m, from a loss of $47.1m in the same period last year, helped by the launch of its l.e.i. brand at Wal-Mart and advances at its ret...
Luxury footwear and accessories brand Coach Inc today (29 July) posted higher fourth quarter and full year profit gains helped by higher sales and a tax gain, but said it expects the consumer malaise ...
Third quarter profit at maternity wear retailer Mothers Work Inc has quadrupled, helped by higher same-store and internet sales despite the weak overall economic and retail environment....
Value-priced men's wear retailer S&K Famous Brands Inc has hired a turnaround firm to sell off non-core assets and help it refocus its business on more fashion-oriented products, and said it has axed ...
Jin Shun Incorporated, a Queens-based garment contractor for some of the top US retail brands, has been accused of a range of labour law violations by New York State officials - including withholding ...
Second quarter profit at specialty women's wear retailer Cache Inc has soared by 63.9% after improved pricing and the acquisition of Adrienne Victoria Designs pushed sales up by 4.1%....
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