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L Brands Inc

US Q3 in brief – VF Corp, Genesco, Stage Stores

23 January 2020 | just-style

In the latest third-quarter filings from US apparel and footwear brands and retailers, Stage Stores has narrowed its net loss, Vince Holding Corp has booked a rise in both earnings and sales, while American Eagle Outfitters has reported record revenue for the period. Elsewhere, J.Crew Group has announced an agreement on the terms of a transaction that will enable it to separate its J.Crew and Madewell brands into two independent companies and pursue a proposed IPO of Madewell. ... read more


US holiday sales in brief – Target Corp, Zumiez, Urban Outfitters

16 January 2020 | just-style

It's been a mixed bag of holiday sales filings from US apparel and footwear brands and retailers as Target's holiday sales failed to meet company expectations but Urban Outfitters reported record results. Elsewhere, L Brands has lowered its fourth-quarter earnings guidance and Kohl's is now expecting fiscal 2019 diluted earnings per share to be at the low end of its guidance range.... read more


US Q2 in brief – Boot Barn Holdings, VF Corp, Stage Stores

1 November 2019 | just-style

In the latest second-quarter filings from US apparel and footwear brands and retailers, Boot Barn Holdings has delivered what CEO Jim Conroy called an "outstanding" second-quarter, VF Corp has reaffirmed its full-year outlook, and Oxford Industries has posted its tenth consecutive quarter of consolidated comparable sales growth. Elsewhere, Genesco moved to a profit, while G-III Apparel Group has revised its full-year guidance in the wake of Trump's latest tariff hike. ... read more


US Q1 in brief – Boot Barn Holdings, VF Corp, Cherokee Global Brands

1 August 2019 | just-style

In the latest first-quarter filings from US apparel and footwear brands and retailers, VF Corp has raised its fiscal 2020 outlook, Cherokee Global Brands booked a mixed first quarter and announced it will officially rebrand to Apex Global Brands, Destination Maternity reported a challenging start to the year amid the news Marla Ryan will step down as CEO, while PVH Corp saw profits slip. Dick's Sporting Goods enjoyed higher sales as did Footlocker. ... read more


US Q4 in brief – VF Corp, Boot Barn Holdings, Destination Maternity

23 May 2019 | just-style

In the latest fourth-quarter filings from US apparel and footwear brands and retailers, Iconix Brand Group reported a GAAP net loss, CEO of PHV Corp, Emanuel Chirico, said the company is "very pleased" with its fourth-quarter and full year 2018 results, and Guess Inc released its first results under new CEO Carlos Alberini.... read more


L Brands coy on talk of Victoria's Secret spin off

6 March 2019 | Hannah Abdulla

L Brands has refused to be drawn directly into comments following calls from activist investor Barington Capital Group for the group to spin off its Victoria's Secret brand in a move it claims will "meaningfully improve long-term value for shareholders".... read more


US apparel retailers' January 2019 sales roundup

11 February 2019 | Beth Wright

January saw little New Year cheer for the handful of US apparel retailers still reporting their monthly sales, with only one booking a rise in monthly comps. All posted net sales declines of at least 18% during the period.  ... read more


US Q3 in brief – Boot Barn Holdings, VF Corp

6 February 2019 | just-style

In the latest third-quarter filings from US apparel and footwear brands and retailers, Francesca's Holdings Corporation swung to a third-quarter loss of US$16.2m, PVH Corp posted what CEO Emanuel Chirico called a "strong earnings performance", and Abercrombie booked its fifth consecutive quarter of positive comparable sales.... read more


US apparel retailers' December 2018 sales roundup

11 January 2019 | Beth Wright

December saw little cheer for the handful of US apparel retailers still reporting their monthly comparable sales, as only one reported a rise in monthly comps while the remainder posted flat or lower sales for the period. ... read more


L Brands offloads La Senza to private equity firm

17 December 2018 | Beth Wright

L Brands, owner of the Victoria's Secret, Pink, Bath & Body Works stores, has inked a deal to sell its La Senza lingerie business to an affiliate of Regent LP, a global private equity firm.... read more


US apparel retailers' October 2018 sales roundup

9 November 2018 | Beth Wright

October proved yet another mixed month for the handful of US apparel retailers still reporting their monthly comparable sales, as two firms reported negative monthly comps while another booked its 20th consecutive gain.... read more


US Q2 in brief – Boot Barn Holdings, VF Corp, Sears

26 October 2018 | just-style

In the latest second-quarter filings from US apparel and footwear brands and retailers, VF Corp raised its full-year guidance on strong sales and earnings, while L Brands reported a 28.7% drop in earnings, and Urban Outfitters achieved record second-quarter sales and a jump in profit.... read more


L Brands to close Henri Bendel business

14 September 2018 | Beth Wright

L Brands, owner of the Victoria's Secret, Pink and La Senza brands, is to close all of its Henri Bendel stores along with the Henri Bendel website at the beginning of next year.... read more


US apparel retailers' August 2018 sales roundup

7 September 2018 | Beth Wright

August proved another mainly positive month for the handful of US apparel retailers still reporting their monthly comparable sales, yet growth slowed as retailers faced significantly steeper expectations this month, making upside surprises more unlikely.... read more


US apparel retailers' July 2018 sales roundup

10 August 2018 | Beth Wright

July proved another mainly positive month for the handful of US apparel retailers still reporting their monthly comparable sales as all but one booked an increase, two reported surprise upticks, and another far surpassed consensus estimates.... read more


Top 10 apparel brands combined worth US$111.3bn

1 June 2018 | Beth Wright

The world’s top ten apparel brands have grown in value by 5% year-on-year and are now worth US$111.3bn, according to the 2018 Brandz Top 100 Most Valuable Global Brand rankings.... read more


US apparel retailers' April 2018 sales roundup

11 May 2018 | Beth Wright

April proved a more subdued month for the majority of US apparel retailers still reporting their monthly comparable sales, as the Easter holiday shift into March took its toll with one reverting to its negative trajectory after a surprise uptick in March.... read more


US apparel retailers' March 2018 sales roundup

12 April 2018 | Michelle Russell

March proved a positive month for the majority of US apparel retailers still reporting their monthly comparable sales, but one continued on its negative trend after a surprise uptick in January.... read more


US apparel retailers' February 2018 sales roundup

16 March 2018 | Beth Wright

February proved a positive month for the majority of US apparel retailers still reporting their monthly comparable sales, although The Buckle reverted to its negative trend after a surprise uptick last month. ... read more


US apparel retailers' January 2018 sales roundup

8 February 2018 | Beth Wright

January proved a more positive month for the handful of US apparel retailers still reporting their monthly comparable sales figures, as all but one posted increases in January, and one narrowly avoided its 31st consecutive monthly same store sales decline.... read more


US Q3 in brief – Deckers Brands, Boot Barn Holdings

6 February 2018 | just-style

In the most recent third-quarter filings from US apparel and footwear brands and retailers, Deckers Brands exceeded expectations, while Boot Barn Holdings saw earnings nearly double. Destination Maternity, meanwhile, widened its losses.... read more


US apparel retailers' December 2017 sales roundup

5 January 2018 | Beth Wright

December proved a more positive month for the handful of US apparel retailers still reporting their monthly comparable sales figures as strong job growth coupled with modest wage gains look to finally be driving better improved retail sales.... read more


US apparel retailers' November 2017 sales roundup

1 December 2017 | Beth Wright

November proved a more positive month for the handful of US apparel retailers still reporting their monthly comparable sales figures as digital and store-based sales came in better than expected over the Black Friday weekend, getting the key holiday trading season off to a solid start.... read more


US Q2 in brief – Finish Line, Zumiez, Tailored Brands, Vince Holding

22 September 2017 | just-style

In the most recent second-quarter filings from US apparel and footwear brands and retailers, PVH upped its full-year guidance based on strong second-quarter results, while Guess saw its results boosted by solid growth in both Europe and Asia. Oxford Industries, meanwhile, saw mixed results as earnings fell but sales edged up.... read more


US apparel retailers' August 2017 sales roundup

8 September 2017 | Beth Wright

August proved a slightly more positive month for the handful of US apparel retailers still reporting their monthly comparable sales figures as same-store sales came in ahead of expectations, but bankruptcies, store closures, anaemic earnings growth, and the looming spectre of Amazon continue to cast a pall over the group with all but one recording a decline.... read more


US apparel retailers' July 2017 sales roundup

4 August 2017 | Beth Wright

July was another difficult month for the handful of US apparel retailers still reporting their monthly comparable sales figures, with same-store sales coming in ahead of expectations but consumer spending softening going into the key back-to-school shopping season.... read more


US Q1 in brief – Cherokee, The Finish Line, J Crew

10 July 2017 | Michelle Russell and Beth Wright

In the most recent first-quarter filings from US apparel and footwear brands and retailers, G-III Apparel moved to a loss on acquisition charges, while Guess saw earnings fall on soft Americas sales. Kate Spade, meanwhile, saw earnings slump on the back of sales declines, while Hudson's Bay recorded comparable store declines on the back of lower domestic store traffic across all banners. ... read more


US apparel retailers' June 2017 sales roundup

6 July 2017 | Beth Wright

June proved to be a difficult month for the handful of US apparel retailers still reporting their monthly comparable sales figures, despite same-store sales coming in 180 basis points ahead of consensus forecasts, as weak traffic and warmer weather saw all but one record a decline.... read more


US apparel retailers' May 2017 sales roundup

2 June 2017 | Beth Wright

May proved to be another difficult month for the handful of US apparel retailers still reporting their monthly comparable sales figures, with all but one recording a decline.... read more


Dior, Nike and Inditex world's largest apparel companies

26 May 2017 | Beth Wright

Parisian fashion house Christian Dior, US sporting goods behemoth Nike, and Spanish clothing giant Inditex have all topped Forbes' 2017 The World's Biggest Public Companies ranking.... read more


US Q4 in brief – Cherokee, Vince Holding, Destination Maternity

15 May 2017 | Michelle Russell and Beth Wright

In the most recent fourth-quarter filings from US apparel and footwear brands and retailers, Destination XL moved to a profit but booked lower sales, while Caleres moved to a loss in the quarter. VF Corporation, meanwhile, revealed a fall in both sales and earnings for the quarter, while Stein Mart moved to a loss as a result of "aggressive" promotions. ... read more


US apparel retailers' April 2017 sales roundup

4 May 2017 | Beth Wright

April proved to the latest in a line of difficult months for the handful of US apparel retailers still reporting their monthly comparable sales figures, with all but one recording a decline.... read more


US apparel retailers' March 2017 sales roundup

7 April 2017 | Beth Wright

March proved to be another difficult month for the handful of US apparel retailers still reporting comparable sales figures, with three hurt by a later Easter and lower foot traffic.... read more


US apparel retailers' December 2016 sales roundup

6 January 2017 | Beth Wright

December proved to be a dismal month for the handful of US apparel retailers still reporting comparable sales figures, with soft in-store traffic over the holiday season meaning that only two recorded a rise. This was despite retailers coming off a modestly strong Black Friday weekend.... read more


US Q3 in brief – The Finish Line, Destination Maternity, Cherokee, Sears

9 December 2016 | Michelle Russell and Beth Wright

In the most recent third-quarter filings from US apparel and footwear brands and retailers, Sears Holdings remained optimistic despite widening its net losses, while Vince Holding blamed challenging conditions and warm weather for a fall in both earnings and sales. Abercrombie & Fitch, meanwhile, revealed a "disastrous" quarter as sales fell and earnings plummeted 80%, while American Eagle Outfitters booked record sales and its 9th consecutive quarter of profit improvement.... read more


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