American Eagle Outfitters Inc reported better-than-expected quarterly earnings on Wednesday 27 May, and said there were early indications that business is stabilizing.
Zale Corp posted a quarterly net loss on Wednesday 27 May that was deeper than Wall Street's expectations, as the recession hampered demand for jewelry, and its shares fell 6.7 percent in premarket trade.
Italian designer Roberto Cavalli is no longer sure about selling a stake in his fashion house and expects 2009 turnover to be down 12 to 13 percent.
After the announcement of losses in the first quarter, Mariella Burani Fashion Group announced last week that it wanted to step back from the field of jewellery; on the 26th of May it sold 50% of its shares in Rosato.
Japanese equity fund Unison Capital on Monday 25 May raised its planned offer for shares in wig maker Aderans Holdings by 20 percent, making the bid at least 17.6 billion yen ($186 million).
Despite a growth of 8.5% in sales in the Asia-Pacific region, Esprit has seen its revenue drop in total by 2.1% in the past year.
Italy eyewear company Safilo SpA's talks with private equity funds on taking a stake in the company could slip beyond the end-June target for completion, a source close to the talks said on Friday 22 May.
Mariella Burani Fashion Group started the year with a first quarter loss of €1.7 million before tax, miles apart from the €16.7 million in raw profit seen a year earlier. Now, after the report from the merger with Antichi Pelletieri, the group is restructuring
New York & Co Inc posted a first-quarter loss and a 15 percent drop in same-store sales, and said it expects a similar trend in the second quarter, sending the women's-apparel chain's shares down 23 percent.
Casual Male Retail Group Inc, which makes clothing for larger men, posted a surprise first-quarter profit as it managed its costs better, sending its shares up as much as 29 percent.
Cost cuts helped Gap Inc beat quarterly profit expectations on Thursday 21 May and investors cheered a long-overdue sales improvement in the apparel retailer's Old Navy chain.
British fashion group French Connection said first-quarter trends were little changed from its last financial year, with mixed trading in its retail business and a drop in wholesale orders.
AnnTaylor Stores Corp reported a smaller-than-expected quarterly loss on Wednesday 20 May as tight inventory management and cost-cutting improved margins, but it gave a cautious forecast, helping to send its shares down 2.9 percent.
Tween Brands Inc reported a narrower-than-expected first-quarter loss, aided by a tight control of expenses and inventory levels, and said it was on track to "comfortably satisfy" its credit facility covenants.
World swimming's ruling body FINA refused to give approval to 10 swimsuits, including some of those made from polyurethane and which were used, controversially, to set new world records.
