Retail - Department Stores Inc gives Q2 2014 guidance; EBIT guidance below analysts' estimates Inc:Expects Q2 2014 net sales to be between $18.1 bln and $19.8 bln.Expects Q2 2014 operating income (loss)(EBIT) to be between $(455) mln and $(55) mln.Q2 2014 revenue of $19.1 bln and EBIT of $201 mln - Thomson Reuters I/B/E/S.

Thursday, 24 Apr 2014

Kering sets up new luxury-dedicated divisions

Kering SA:Sets-up, effective May 2014, Luxury - Couture & Leather Goods division and Luxury - Watches and Jewelry division, both reporting to Francois-Henri Pinault, company's Chairman & CEO.

Thursday, 24 Apr 2014

Lotte Shopping Company Limited announces resignation of co-CEO

Lotte Shopping Company Limited:Shin Heon resigned from co-chief executive officer (co-CEO) in the company, effective April 24.The company's the other co-CEO, Shin Gyeok Ho and Lee Yin Won, will begin to serve as CEO.

Thursday, 24 Apr 2014

H2O Retailing to establish joint venture

H2O Retailing Corp:To establish a joint venture with Cool Japan Fund Inc., another China-based group company and ITOHPIA ENT Investment Co., Ltd., for operation of commercial complex in Ningbo, China, which will start operation in spring of 2018.Further details will be decided later.

Thursday, 24 Apr 2014


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