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VF Corporation's full year revenues increase 12 percent

For its fourth quarter and full year ended March 30, 2019, VF Corporation , said revenue increased 6 percent or 9 percent in constant dollars to 3.2 billion d

business

M&S posts fall in annual sales and profit

Prachi SinghPosted 18 hours ago

For its full year to March 30, 2019, Marks and Spencer Group Plc (M&S) reported 9.9 percent decline in profit before tax & adjusting items to 523.2 million po

business

Urban Outfitters Q1 net sales up

Prachi SinghPosted 21 hours ago

Urban Outfitters, Inc. announced net income of 33 million dollars and earnings per diluted share of 31 cents for the three months ended April 30, 2019 compare

business

Nordstrom's Q1 sales and profit down, cuts forecast

Prachi SinghPosted a day ago

Nordstrom, Inc. reported earnings per diluted share for the first quarter ended May 4, 2019 of 23 cents compared to 51 cents last year, while the company said

business

170 shoe retailers urge Trump to not move forward with footwear tariffs against China

Marjorie van ElvenMay 21, 2019

More than 170 shoe retailers, including Nike, Under Armour, Adidas, Foot Locker, and Ugg, have published a letter urging president Donald Trump to reconsider

business

Garment unions and Clean Clothes Campaign concerned about deal on Bangladesh Accord

Marjorie van ElvenMay 21, 2019

Trade union leaders are not pleased with the announcement that the Bangladesh Accord on Fire and Building Safety is supposed to leave the country in less than

business

LVMH introduces blockchain to prevent luxury counterfeits

Robyn TurkMay 21, 2019

LVMH Moët Hennessy Louis Vuitton is working to solve the global problem of counterfeited luxury goods. The luxury group has launched AURA, the first internat

business

TJX: Q1 revenues increase 7 percent, raises full year outlook

Prachi SinghMay 21, 2019

Net sales for the first quarter of fiscal 2020 at The TJX Companies, Inc. increased 7 percent to 9.3 billion dollars, while consolidated comparable store sale

business

Kohl’s posts decline in Q1 revenue and profit

Prachi SinghMay 21, 2019

For its first quarter, Kohl’s Corporation has reported total revenue of 4,087 million dollars, a drop of 2.9 percent, while comparable sales decreased 3.4 p

business

JCPenney's Q1 net loss widens to 154 million dollars

Prachi SinghMay 21, 2019

For its first quarter, J. C. Penney Company, Inc. reported net loss of 154 million dollars or 48 cents per share compared to a net loss of 78 million dollars

business

Nepal bans Alipay, WeChat Pay

AFPMay 21, 2019

Nepal's central bank has banned popular Chinese digital wallets Alipay and WeChat, an official said Tuesday, fearing loss of foreign currency earnings from t

business

Weekly fashion sales up 5.8 percent at John Lewis

Prachi SinghMay 21, 2019

Total sales at John Lewis for the week to May 18, 2019, the company said in a statement, were up 1.7 percent with strong performance in shops over the weekend