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Adastria to transfer business to subsidiary

Monday, 25 Dec 2017

Dec 25 (Reuters) - Adastria Co Ltd <2685.T> ::Says it plans to transfer two businesses (named as BARNYARDSTORM and Babylon) to co's wholly owned subsidiary ELEMENT RULE Co Ltd, effective on March 1, 2018.

Sagami completes transition to holding company structure

Thursday, 21 Dec 2017

Dec 21(Reuters) - Sagami Co Ltd <8201.T>:Says it completed transition to holding company structure, effective Dec. 21.

Chico's FAS Inc Q3 earnings per share $0.13

Tuesday, 21 Nov 2017

Nov 21 (Reuters) - Chico's FAS Inc :Chico's FAS Inc Reports third quarter results.Q3 earnings per share $0.13.Q3 sales $532.3 million versus I/B/E/S view $535.3 million.Q3 earnings per share view $0.13 -- Thomson Reuters I/B/E/S.Q3 results include unfavorable impact of hurricanes Harvey, Irma and Maria of about $5.0 million after-tax, or $0.04 per diluted share​.For Q3, gross margin was $196.7 million, or 37.0% of net sales, compared to $230.3 million, or 38.6% of net sales, in last year's Q3​.At end of Q3 of 2017, inventories totaled $265.0 million compared to $261.3 million at end of Q3 last year​.In Q3, co was impacted by hurricanes, resulting in reduced operating hours or temporary closure of more than 300 stores.For Q4 of 2017, company expects comparable sales to be down high single-digits​.In quarter, impact to income from operations due to lower net sales, impairment charges, other incremental hurricane related expenses about $10 million​.Company anticipates Q4 gross margin rate to be approximately flat to up slightly compared to last year​.Qtrly ‍total company comparable sales down 8.2 percent​.

Ludwig Beck 9-month loss after taxes narrows to 2.5 million euros​

Tuesday, 24 Oct 2017

Oct 24 (Reuters) - LUDWIG BECK ::9MTH GROSS SALES IN AMOUNT OF EUR 118.5M (PREVIOUS YEAR: EUR 118.2M)​.‍REAFFIRMS ITS EXPECTATIONS FOR BUSINESS DEVELOPMENT IN 2017​.9MTH GROSS PROFIT WAS RAISED TO EUR 46.8M IN AGGREGATE (PREVIOUS YEAR: EUR 46.0M)​.9-MONTH ‍EARNINGS AFTER TAXES WERE AT EUR -2.5M (PREVIOUS YEAR: EUR -3.6M)​.‍9MTH EBIT OF EUR -1.1M SHOWED A DISTINCT IMPROVEMENT IN COMPARISON TO PREVIOUS YEAR WITH EUR -2.4M​.

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".

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