Shoe maker Crocs Inc beat quarterly estimates as its colorful plastic clogs sold well, but its second-quarter forecast fell short of market expectations. The company also said it named Jeff Lasher as its new chief financial officer.
Children's clothing company Carter's Inc's quarterly profit beat Wall Street estimates, driven by strong wholesale sales of its namesake brand, but the company forecast weak second-quarter earnings as rising costs of cotton offset a rise in sales
Europe-focused clothing retailer Esprit Holdings Ltd said total sales in the nine months ended March fell 3.1 percent from a year earlier in Hong Kong dollar terms, but were up in local currency terms.
Iconix Brand Group Inc has acquired the worldwide master license for the Ed Hardy brand from Nervous Tattoo. Through this transaction, the group will gain control of the licensing and marketing functions, and increase its total ownership stake in the Ed Hardy brand to 85%.
Coach Inc warned investors that the disasters in Japan would continue to hurt results in the current quarter, casting a shadow on the upscale handbag maker's better-than-expected sales and earnings report.