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Under Armour outlook update leaves analysts divided
2018-12-13 13:22:00| Daily apparel & textile news and comment - from just-style.com
US sportswear brand Under Armour has updated its outlook for the full year of 2018 with narrower losses predicted. However, an announcement that it is expecting slow revenue growth in North Amerca in the years to 2023 sent shares in the company tumbling.
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divided
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outlook
Debenhams records FY loss - What the analysts say
2018-10-25 12:41:00| Daily apparel & textile news and comment - from just-style.com
British department store group Debenhams announced this morning (25 October) it is to shutter almost one-third of its store base - putting around 4,000 jobs at risk - amid what is understood to be the biggest loss in its 240-year history. The news, analysts say, is the starkest indication yet that the high street is floundering as, just a few years ago, it would have been unthinkable that retailers were planning on cutting staff levels ahead of Christmas. With the department store model seemingly "unfit" for purpose in today's retail environment, the brands set to thrive will be those agile enough to offer consumers flexible ways to shop and pay while those who refuse to move with the times will be left to suffer the consequences.
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Doom and gloom at Debenhams - What the analysts say
2018-10-25 12:41:00| Daily apparel & textile news and comment - from just-style.com
British department store group Debenhams announced this morning (25 October) it is to shutter almost one-third of its store base - putting around 4,000 jobs at risk - amid what is understood to be the biggest loss in its 240-year history. The news, analysts say, is the starkest indication yet that the high street is floundering as, just a few years ago, it would have been unthinkable that retailers were planning on cutting staff levels ahead of Christmas. With the department store model seemingly "unfit" for purpose in today's retail environment, the brands set to thrive will be those agile enough to offer consumers flexible ways to shop and pay while those who refuse to move with the times will be left to suffer the consequences.
John Lewis phenomenal H1 profit drop - What the analysts say
2018-09-13 16:33:00| Daily apparel & textile news and comment - from just-style.com
Newly re-branded John Lewis & Partners this morning (13 September) announced a near 99% drop in group earnings for the first half of the year on the back of costs related to new shop openings and higher IT costs, as it continues to shape itself for future growth. Despite the glum result, analysts have rejected the claim the result spells the end of brick-and-mortar retailers. Instead, the majority argue John Lewis has a real opportunity to create a streamlined multi-channel offering to cater to the way today's consumer now shops. Physical stores, they argue, are still an essential part of the comprehensive retail offering and complement other means of shopping.
Brookfields Acquisition of Forest City Is a Win-Win for Both Companies, Analysts Say
2018-08-02 11:28:53| National Real Estate Investor
I think, given the complexity and history of Forest City, there are only very few potential buyers out there, says Paul Adornato, a veteran REIT analyst.
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