
Clothing retailer Esprit Holdings said its total sales in the nine months ending in March eased 1.8 percent from the year-ago period, despite an improving global economy.
Clothing retailer Esprit Holdings said its total sales in the nine months ending in March eased 1.8 percent from the year-ago period, despite an improving global economy.
German sporting goods maker Adidas lifted its full-year profit outlook after reporting better-than-expected first-quarter results that benefited from strong demand for toning shoes and soccer gear.
Deckers Outdoor Corp's first-quarter results topped Wall Street expectations, helped by better sales of its UGG and Teva brands, and the footwear maker forecast revenue growth for the second quarter and the full year.
Botswana's Debswana said it is considering diversifying from diamonds in a bid to cushion its revenues, with industry sources saying it favours commercial mining of coal and energy.
British fashion retailer Alexon Group Plc posted a full-year pretax loss as its brands were hit by poor consumer spending and said it would not pay final dividend to conserve cash.
British chemicals maker Elementis Plc forecast full-year earnings ahead of market expectations on significantly improved demand and restocking trends in the first quarter.
U.S. jeweler Zale Corp plans to sell a minority stake to Golden Gate Capital Corp, Bloomberg News reported on its website citing two people familiar with the decision.
Phillips-Van Heusen, owner of the Calvin Klein clothing label, raised its profit outlook for the quarter and fiscal year, citing a much better-than-expected performance at all its divisions.
Shoemaker Wolverine World Wide Inc reported a solid first quarter, getting a boost from the strong performance of its Outdoor unit, but a lackluster outlook pulled its shares down as much as 5 percent.
Petra Diamonds is working to reduce any market impact if major shareholder Saad Investments Company Ltd were to sell its stake, by lining up potential buyers, its chief executive said.
Primark owner Associated British Foods said the global recovery was underway, prompting it to predict a "very good" rise in annual earnings after beating forecasts with half-year profits up 20 percent.
French clothing and lingerie maker Etam is offering to buy back up to 26.5 percent of its share capital in a deal worth up to 101 million euros.
India's gem and jewellery exports rose 16 percent in 2009/10 compared to the same period a year ago, driven by increased sales of cut and polished diamonds.
Cosmetics retailer L'Occitane International S.A. plans to raise up to $708 million in a Hong Kong initial public offering, a source close to the deal said, becoming the first French company to list in Hong Kong.
Avon Products Inc's plan to ignite U.S. sales growth is good, but it will take some time for new strategies to pay off, analysts said.