Edition:
United Kingdom

Apparel & Accessories Retailers

Page 1

The Buckle Inc says criminal entity accessed some guest credit card information

Saturday, 17 Jun 2017

June 17 (Reuters) - Buckle Inc :The Buckle, Inc. notification of data security incident.Victim of security incident in which criminal entity accessed some guest credit card information following purchases at some of our retail stores.Buckle Inc -"we immediately launched a thorough investigation and engaged leading third-party forensic experts to review our systems and secure affected part of our network".No evidence that buckle.com website or buckle.com guests were impacted.Buckle inc- through investigation learned that store payment data systems were infected with a form of malicious code, which was quickly removed.Buckle inc says it is possible that certain credit card numbers may have been compromised due to incident."believe exposure of cardholder data that can be used to create counterfeit cards is limited".Buckle -based on forensic investigation, believe no social security numbers, email addresses or physical addresses were obtained by those responsible.

Abercrombie & Fitch Q1 loss per share $0.91

Thursday, 25 May 2017

May 25 (Reuters) - Abercrombie & Fitch Co ::Abercrombie & Fitch Co reports first quarter results.Q1 loss per share $0.91.Q1 sales $661.1 million versus I/B/E/S view $651.3 million.Q1 earnings per share view $-0.70 -- Thomson Reuters I/B/E/S.Abercrombie & Fitch Co -comparable sales to remain challenging in Q2, with trend improvement in second half of year.Qtrly Abercrombie comparable sales down 10 percent.Abercrombie & Fitch Co sees continued adverse impact from foreign currency on sales and operating income for 2017.Qtrly Hollister comparable sales up 3 percent.Abercrombie & Fitch Co sees net income attributable to noncontrolling interests of approximately $4 million for 2017.Abercrombie & Fitch Co says expect results to improve further in second half of the year.Abercrombie & Fitch Co qtrly comparable sales for Q1 down 3 percent.Abercrombie & Fitch - company plans to open seven full-price stores in fiscal 2017, primarily in U.S. Company also plans to open two new outlet stores.Sees company expects capital expenditures to be approximately $100 million for full year 2017.Abercrombie & Fitch -company anticipates closing approximately 60 stores in U.S. during fiscal year through natural lease expirations.Abercrombie & Fitch Co sees for fiscal 2017, gross margin rate down slightly to last year's adjusted non-gaap rate of 61.0%,with continued pressure in Q2.Says "we continue to tightly manage costs and inventory".

Signet Jewelers reports Q1 earnings per share $1.03

Thursday, 25 May 2017

May 25 (Reuters) - Signet Jewelers Ltd :Signet Jewelers reports first quarter financial results.Q1 earnings per share $1.03.Q1 earnings per share view $1.67 -- Thomson Reuters I/B/E/S.Signet Jewelers Ltd says reaffirms fiscal 2018 guidance.Signet Jewelers Ltd - qtrly same store sales declined 11.5%, including 330 basis points unfavorable impact attributable to later timing of mother's day holiday.Signet Jewelers - qtrly total sales were $1,403.4 million, down 11.1% (10.1% on constant currency basis), compared to an increase of 3.2% in 13 weeks ended april 30, 2016.Q1 earnings per share view $1.66, revenue view $1.46 billion -- Thomson Reuters I/B/E/S.Signet Jewelers Ltd - Signet remains on-track to close approximately 165 to 170 stores in fiscal 2018 and open about 90 to 115 stores.Signet Jewelers - "very slow start to year" as continued headwinds in retail environment were exacerbated by slowdown in jewelry spending, co specific challenges.

RCG Corporation provides update on retail trading conditions for months of March and April

Monday, 1 May 2017

May 1 (Reuters) - Rcg Corporation Ltd :"Market remains volatile and unpredictable and this makes forecasting future performance extremely difficult".Revises full-year annualised underlying ebitda guidance to a range of $74 million - $80 million.Group's sales performance across all business units for months of March and April combined have fallen short of management's expectations.

Hibbett sees q4 earnings per share $0.53 to $0.55

Monday, 13 Feb 2017

Hibbett Sports Inc : Hibbett provides business update and announces fourth quarter conference call . Sees q4 earnings per share $0.53 to $0.55 . Q4 sales $246.9 million versus i/b/e/s view $254.2 million . Q4 same store sales fell 2.2 percent . Sees fy 2018 earnings per share $2.65 to $2.85 including items . Says q4 eps expected to be in range of $0.53 to $0.55 per diluted share . Hibbett sports inc - comparable store sales decrease 2.2% in q4 . Hibbett sports inc says q4 eps expected to be in range of $0.53 to $0.55 per diluted share . Says net sales for 13-week period ended january 28, 2017 increased 0.5% to $246.9 million compared with $245.7 million . Hibbett sports inc - "we were disappointed with sales in q4" . Hibbett sports inc sees fiscal 2018 comparable store sales are expected to be in flat to low-single digit range . Hibbett sports - weaker traffic during holiday season, lower than expected sales in apparel, equipment led to a comparable store sales decline in quarter .Hibbett sports - fiscal 2018 eps guidance includes positive impact of approximately $0.10 per diluted share for 53rd week.

Ascena Retail says restructured its business into 4 operating segments

Tuesday, 4 Oct 2016

Ascena Retail Group Inc : Ascena retail group inc says begins execution phase of its major enterprise transformation plan . Reschedules investor day to january 18, 2017 . Ascena retail group inc says announced creation of its new ascena brand services (abs) team . Restructuring will result in a pre-tax charge of approximately $10 to $12 million in q1 . Additional charges are expected in future related to ongoing transformation work . Gary muto, president and ceo of company's ann brands, will retain responsibility for ann taylor, loft, and lou & grey brands . Expects to recover majority of restructuring charge in form of reduced operational expenses over course of fiscal 2017 . Expects additional $100 - $150 million in cost savings by fiscal 2019 . Expects its new change for growth program will deliver an incremental $100 - $150 million of cost savings by fiscal 2019 . Restructuring has been accompanied by a number of executive departures to eliminate organizational overlap . Says restructured its business into four operating segments . Brian lynch, most recently president and ceo of justice brand, will assume direct responsibility for ascena brand services in his role as coo . Ahead of plan with synergy,cost savings workstreams that will deliver $235 million of cost savings associated with integration of ann inc.

Haruyama Trading to take over big size clothes business from Mori One Co Ltd

Friday, 19 Aug 2016

Haruyama Trading Co Ltd <7416.T>: Says it plans to take over the business of big size clothes from its wholly owned unit Mori One Co Ltd .Says effective date on Oct. 1.

Markets

  • Sectors
  • Europe
  • U.S.
  • Asia

Sector Summary