
American Apparel Inc, which has long campaigned for foreign workers' rights, said the forced layoffs of about 1,500 workers in 2009's second half had hurt its manufacturing capabilities, sending its shares down 14 percent.
American Apparel Inc, which has long campaigned for foreign workers' rights, said the forced layoffs of about 1,500 workers in 2009's second half had hurt its manufacturing capabilities, sending its shares down 14 percent.
Women's apparel retailer Talbots Inc said that it was extending its exchange offer by three days as it tries to garner the minimum number of warrants to complete its merger, helping to send its shares up more than 6 percent.
Signet Jewelers Ltd reported a higher-than-expected quarterly profit as the operator of the Kay Jewelers chain benefited from strong holiday sales and gained market share in the United States.
British menswear retailer Moss Bros Group reported a narrower pre-tax loss for 2009 and said recent trading was ahead of a year ago.
Hermes aims to lift 2010 sales by at least 5 percent but is concerned possible tax hikes to cut European budget deficits could dampen medium-term luxury demand.
Lululemon Athletica said its quarterly profit nearly tripled, helped by its line of running gear and a rebound in consumer confidence, sending shares of the specialty clothing retailer to a year high.
Wet Seal Inc posted a higher-than-expected adjusted fourth-quarter profit, helped by strong same-store sales at its Arden B division, and forecast first-quarter sales above market expectations.
Finish Line Inc's quarterly net profit sprinted past Wall Street estimates, propelled by strong sales of running and toning shoes at the retail chain's stores.
Avon said that it is buying Liz Earle Beauty Co Ltd, a UK-based skincare brand, a move that will give the cosmetics giant a way to expand its anti-aging lineup with a brand known for botanical ingredients and natural positioning.
The chief executive of Next said the country's second-largest fashion retailer can grow 2010-11 profit 5-7 percent as long as sales can be maintained against a tough economic backdrop.
G-III Apparel Group Ltd swung to a fourth-quarter profit, helped by strong consumer demand, and the clothing maker forecast a narrower-than-expected loss for the first quarter.
Top diamond producer De Beers had a strong first quarter, but remains cautious about further recovery after wrapping up a refinancing and $1 billion (665 million pound) rights issue that slashed net debt by one third.
Cognis cut its debt burden and swung to a profit last year, bolstering its owners' plans to divest the German maker of additives for cosmetics and detergents.
The Italian group Tod's has announced sales results for 2009 that were 0.8% higher than in 2008 at €713.1 million. This progression was helped in part by Hogan, which saw a rise of 7.6% to €256.9 million, whilst Roger Vivier saw the worst results with a drop of 11% in sales (€15 million).
Zale Corp (shares rose more than 6 percent after a newspaper report said the struggling jeweler was mulling a capital injection from private equity firm Sun Capital Partners Inc.