
The Denton, Texas-based beauty retailer announced on Wednesday a cost reduction plan including headcount reductions at its corporate HQ, as the company seeks to streamline its operations and focus on hair care and color.
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The Denton, Texas-based beauty retailer announced on Wednesday a cost reduction plan including headcount reductions at its corporate HQ, as the company seeks to streamline its operations and focus on hair care and color.
Neiman Marcus has appointed Adam Orvos as Executive Vice President and Chief Financial Officer. Orvos replaces interim CFO Dale Stapleton, who will continue to serve as the company's SVP and Chief Accounting Officer.
The Paramus, New Jersey-based watchmaker reported its fourth quarter and full fiscal year 2018 results on Thursday, announcing a sales increase of 14.1% in Q4, driven by strong performances in its European subsidiaries.
The US sport-lifestyle group was penalised by its fourth quarter performance in the last financial year, its annual overall sales stagnating at $7.78 billion. Comp sales were down 3.1%.
The craft-focused e-commerce marketplace announced gross merchandising sales (GMS) of 1 billion in the fourth quarter ended December 31, 2017, up 17.8 percent.
Billabong's first-half loss has widened by more than 40 per cent to $18.4 million, while revenue for the six months to December 31 fell 6.8 per cent to $476.5 million said the surfwear retailer.
UK and Spanish fashion retailers may be struggling but landlord Intu managed to report higher profits for 2017. Yet rental growth slowed in a tough market where store spaces are becoming less profitable for retailers.
Fashion rode to the rescue at John Lewis again in the latest week as the seven days to February 17 saw total sales down slightly, but the Fashion directory enjoyed a fairly strong rise.
Retailers in Hong Kong such as Chow Tai Fook, the world’s No. 2 jeweler after Tiffany’s by market capitalization, are expanding again in a sign of confidence for a sector critical to the economy.
The Japanese cosmetics group announced on Thursday that company sales increased more than 2% in 2017, while net profit gained 16%, on the back of last year's tourist influx in Japan and strong sales across Asia.