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Apparel & Accessories Retailers

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Victoria's Secret's UK Arm Files For Creditor Protection - WSJ

Friday, 5 Jun 2020

June 5 (Reuters) - :VICTORIA'S SECRET'S UK ARM FILES FOR CREDITOR PROTECTION - WSJ.

Venue Retail Group: Extension Of Reconstruction Period Approved

Friday, 29 May 2020

June 1 (Reuters) - Venue Retail Group AB ::SAID ON FRIDAY STOCKHOLM DISTRICT COURT APPROVED COMPANY'S APPLICATION FOR EXTENSION OF RECONSTRUCTION PERIOD BY ADDITIONAL THREE MONTHS.RECONSTRUCTION PROCESS EXTENDED UNTIL AUG 20.

Pas Group Is Pursuing Restructuring Options And Appointed A Team Of Advisors To Assist

Monday, 27 Apr 2020

April 27 (Reuters) - PAS Group Ltd ::PURSUING RESTRUCTURING OPTIONS AND APPOINTED A TEAM OF ADVISORS TO ASSIST.LIKELY RESTRUCTURE WILL INVOLVE FURTHER REDUCTION IN NUMBER OF RETAIL STORES & A SIGNIFICANTLY REDUCED FIXED COST BASE.EACH DIRECTOR OF BOARD HAS AGREED TO FORGO 50% OF DIRECTORS' FEES FOR 1 APRIL 2020 TO 30 JUNE 2020.

Express Inc Sees Q4 Adjusted Earnings Per Share $0.17 To $0.19

Wednesday, 22 Jan 2020

Jan 22 (Reuters) - Express Inc ::EXPRESS, INC. NARROWS FOURTH QUARTER GUIDANCE; ANNOUNCES NEW CORPORATE STRATEGY INCLUDING SIGNIFICANT COST REDUCTIONS AND FLEET RATIONALIZATION.SEES Q4 ADJUSTED EARNINGS PER SHARE $0.17 TO $0.19.INITIATES FLEET RATIONALIZATION PLAN TO CLOSE APPROXIMATELY 100 STORES BY 2022.IDENTIFIES $80 MILLION IN COST REDUCTION OPPORTUNITIES.EXPRESS - CO IS ALSO ANNOUNCING THAT IT EXPECTS TO HAVE APPROXIMATELY $200 MILLION IN CASH ON HAND BY END OF FISCAL 2019.2019 Q4 COMPARABLE SALES ARE CURRENTLY EXPECTED TO BE APPROXIMATELY -3%.SEES Q4 2019 COMPARABLE SALES ARE CURRENTLY EXPECTED TO BE APPROXIMATELY -3%.$55 MILLION OF EXPENSE REDUCTIONS WILL BE DRIVEN MAINLY BY PREVIOUSLY ANNOUNCED WORKFORCE RESTRUCTURING.EXPECTS ADJUSTED NET INCOME TO BE IN RANGE OF $11 TO $12.5 MILLION FOR Q4 2019.HAS A LONG-TERM GOAL TO INCREASE FCF FROM ABOUT $50 MILLION IN 2019 TO $90 TO $110 MILLION BY 2022.SEES Q4 2019 ADJUSTED DILUTED EARNINGS PER SHARE TO BE IN RANGE OF $0.17 TO $0.19.EXPECTS TO HAVE APPROXIMATELY $200 MILLION IN CASH ON HAND BY END OF FISCAL 2019.Q4 EARNINGS PER SHARE VIEW $0.19 -- REFINITIV IBES DATA.EXPRESS - IDENTIFIED $80 MILLION IN ANNUALIZED COST REDUCTION OPPORTUNITIES EXPECTED TO BE REALIZED OVER NEXT THREE YEARS.

Eeka Fashion Officially Commenced Construction Work Of Omni-Channel

Tuesday, 15 Oct 2019

Oct 15 (Reuters) - EEKA Fashion Holdings Ltd <3709.HK>::OFFICIALLY COMMENCED CONSTRUCTION WORK OF OMNI-CHANNEL, IN ORDER TO GRADUALLY PROMOTE INTEGRATION BETWEEN ONLINE, OFFLINE CHANNELS.

Tom Tailor Announces Changes On Supervisory Board

Tuesday, 28 May 2019

May 28 (Reuters) - Tom Tailor Holding AG ::DGAP-NEWS: TOM TAILOR HOLDING SE: TOM TAILOR GROUP ANNOUNCES CHANGES ON SUPERVISORY BOARD.

Prada SpA Resolves On Additional Rationalization Of Independent Partners Network

Monday, 20 May 2019

May 21 (Reuters) - Prada SpA <1913.HK>::RESOLVED ON ADDITIONAL RATIONALISATION OF ITS NETWORK OF INDEPENDENT PARTNERS.

Ascena Retail Group Announces Wind Down Of Dressbarn Business

Monday, 20 May 2019

May 20 (Reuters) - Ascena Retail Group Inc ::ASCENA RETAIL GROUP ANNOUNCES WIND DOWN OF DRESSBARN BUSINESS.ASCENA RETAIL GROUP INC - MOVE ADVANCES COMPANY'S ONGOING TRANSFORMATION.ASCENA RETAIL GROUP INC - DECISION TO WIND DOWN HAS NO IMPACT ON OPERATIONS OF ANY OF ASCENA'S OTHER BRANDS .

Superdry Says FY Underlying Profit Likely To Be Below Market Expectations

Thursday, 9 May 2019

May 9 (Reuters) - Superdry PLC ::SUPERDRY PLC - PRE-CLOSE TRADING STATEMENT.SUPERDRY PLC - TRADING PERFORMANCE CONTINUES TO BE WEAK; INITIATIVES TO STABILISE AND IMPROVE PERFORMANCE UNDERWAY.SUPERDRY PLC - FULL YEAR UNDERLYING PROFIT BEFORE TAX LIKELY TO BE BELOW RANGE OF MARKET EXPECTATIONS.SUPERDRY PLC - GLOBAL BRAND REVENUE OF £1,736.1M INCREASED BY 3.6% YEAR-ON-YEAR FOR 13-WEEK PERIOD FROM 27 JANUARY 2019 TO 27 APRIL.SUPERDRY PLC - GROUP REVENUE FLAT YEAR-ON-YEAR , BUT DECLINED 4.5% IN QUARTER 4.SUPERDRY - SINCE CHANGE OF MANAGEMENT, INTERIM CEO DUNKERTON HAS ALREADY IDENTIFIED IMMEDIATE OPPORTUNITIES TO IMPROVE EFFICIENCY, PERFORMANCE.SUPERDRY - IMMEDIATE ACTIONS HAVE INCLUDED INCREASING NUMBER OF OPTIONS SOLD ONLINE WITH THOSE ADDITIONAL OPTIONS GENERATING FULL PRICE SALES.SUPERDRY - 500 NEW PRODUCTS TO BE INTRODUCED IN FIRST 6 MONTHS.SUPERDRY PLC - WHOLESALE REVENUE UP 3.6% TO £335.0M YEAR-ON-YEAR, THOUGH DECLINING 9.3% IN QUARTER 4.SUPERDRY PLC - ECOMMERCE REVENUE UP 1.6% YEAR-ON-YEAR TO £163.7M BUT QUARTER 4 REVENUE DOWN 3.9%.SUPERDRY PLC - PROGRAMME TO DELIVER £50M+ GROSS COST SAVINGS BY FY22 CONTINUING.SUPERDRY - AS A RESULT OF STORE PORTFOLIO REVIEW, CO WILL MAKE NON-CASH ONEROUS LEASE AND STORE IMPAIRMENT PROVISION.SUPERDRY - STORE PORTFOLIO REVIEW HAS NOT YET BEEN FINALISED BUT WILL HAVE IMPACT THAT BENEFITS BOTH FY19 AND SUBSEQUENT YEARS.

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