Sport 2000 International has secured its first partner outside Europe, Falaknaz Sports, in a bid to build the Sport 2000 business in Dubai and Gulf states. Some 30 Sport 2000 stores are set to open by 2021.
PVH’s second quarter results exceeded expectations following a weak performance in 2016. Following the results, the corporation pledged another $10 million marketing for both Calvin Klein and Tommy Hilfiger.
Vince expects net sales to be in range of $60 million and $62 million and loss from operations to be between $8.5 million and $9.5 million. The company reported a decline in the first quarter that met expectations.
The specialty retailer met the top end of its expected decline, driven partly by the company's exit out of its Canadian business. E-commerce sales led Express' second quarter performance, increasing 28%.
American Eagle Outfitters reported a surprise rise in comparable sales for the second straight quarter and posted better-than-expected quarterly sales and profit helped by strong demand for its Aerie line of lingerie.
The Laura Ashley headlines may have screamed 70% profits plunge but the news wasn't truly as bad as that. And with a renewed focus on fashion, expansion in India and e-tail growth, it's upbeat, despite big challenges.
The footwear and accessories retailer reported a 0.6% increase in comparable sales and 3.3% increase in net sales to $680.4 million. CEO Roger Rawlins shared that DSW will roll out new initiatives in the next year.
Cheered by rising international sales, the French sporting goods retailer is now returning to the U.S. with a store opening in San Francisco set for the end of 2017 and its first Canadian store near Montreal in 2018.