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US Q4 in brief: Kate Spade & Co, Dollar Tree, Crocs, Foot Locker, JC Penney
2016-02-11 10:44:00| Daily apparel & textile news and comment - from just-style.com
In the most recent fourth-quarter filings from US apparel brands and retailers, L Brands, Skechers and Columbia Sportswear published record sales growth and higher earnings, while Macy's and Dollar Tree saw sales trends improve, despite what it says was a "challenging year". Kate Spade & Co posted a mixed performance, while Carter's exceeded its sales and earnings targets. Kohl's said it will close 18 stores after reporting a 20% decline in profit, and both Crocs and JC Penney saw their losses widen.
US Q4 in brief: Ross Stores, Kate Spade & Co, Dollar Tree, Crocs, Foot Locker
2016-02-11 10:44:00| Daily apparel & textile news and comment - from just-style.com
In the most recent fourth-quarter filings from US apparel brands and retailers, L Brands, Skechers and Columbia Sportswear published record sales growth and higher earnings, while Macy's and Dollar Tree saw sales trends improve, despite what it says was a "challenging year". Kate Spade & Co posted a mixed performance, while Ross Stores posted a better-than-expected performance. Kohl's said it will close 18 stores after reporting a 20% decline in profit, and both Crocs and JC Penney saw their losses widen.
US Q4 in brief: Zumiez, Stein Mart, Christopher & Banks, Dollar General, Tailored Brands
2016-02-11 10:44:00| Daily apparel & textile news and comment - from just-style.com
In the most recent fourth-quarter filings from US apparel brands and retailers, Dollar General delivered a strong performance with both net income and sales growth, while Zumiez, Stein Mart and Urban Outfitters reported declines in net profit. Tailored Brands revealed it will close 250 stores after seeing its net loss widen to $1.06bn, and Christopher & Banks swung to a net loss of $46.6m.
Tags: general
brands
dollar
banks
Low dollar signals pricier smartphones in the future, Bce Ceo says
2016-02-05 00:58:29| Wireless - Topix.net
Consumers can expect to pay more for their smartphones soon, the CEO of the parent company of Bell Canada suggested on Thursday as the loonie continues to hover below the 75 cent US mark. "The Canadian dollar weakness - it does probably foreshadow some price increases from our manufacturers at some point," said George Cope on a conference call with analysts after BCE Inc. released its fourth-quarter results.
Low dollar signals pricier smartphones in the future, Bce Ceo says
2016-02-04 23:41:03| Telecom - Topix.net
Consumers can expect to pay more for their smartphones soon, the CEO of the parent company of Bell Canada suggested on Thursday as the loonie continues to hover below the 75 cent US mark. "The Canadian dollar weakness - it does probably foreshadow some price increases from our manufacturers at some point," said George Cope on a conference call with analysts after BCE Inc. released its fourth-quarter results.
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