Bebe Stores Grew Faster Than Expected In The Two Quarter

U.S.A

The retail group Bebe Stores Inc. (NASDAQ:BEBE) released its two quarter results. As of the two quarter of January 3, 2015, EPS Stores of Bebe Stores Inc. adjusted 0.02 dollars, far exceeding analysts' expectations of -0.02 dollars, earning 4.6% to 128 million 900 thousand dollars, also exceeding analysts' expectations of 126 million 500 thousand US dollars.

The two quarter

Inc. same store sales, such as Ying Xi, released in mid January, rose 8%, and gross margin rose 310 basis points to 37.2%, benefiting from all segments of the business.

Promote.

Bebe Stores Inc. expects to have a low to median digit growth rate in the three quarter of the same store, and the gross profit margin has increased over the same period last year.

The group also announced a quarterly dividend of $0.015.

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Italy fashion brand Liu Jo is preparing to make initial public offerings or sell part of its shares to settle the differences between the founders' future ownership of the company.

According to three people familiar with the matter, one of the 67 founders, Vannis Marchi, is seeking to sell its 36.8% Liu Jo stake, while the 52 year old brother, Marco Marchi, who holds 50.8% stake, will maintain the majority shareholder status and not participate in the paction.

The news revealed that Liu Jo has met with several private Holdings Company, and will later invite investment banks to test the investor's intentions in the next 12 months by double track parallel IPO and equity pfer, and the proceeds will be used to support North American expansion to offset the weakness of the Eastern European market.

However, a spokesman for Liu Jo has denied the sale: "the rumor has been circulating for a long time.

Although brand owners have formally sought the valuation, it does not mean they want to sell or go public.

Liu Jo has 240 stores in the world, most of which are concentrated in Europe and Asia. The total number of employees is 550, and its valuation is about 500 million euros, which is 10 times the profit of 50 million euros before EBITDA interest tax depreciation and amortization.

In 2013, Liu Jo earned a total of 281 million euros, 155 million euros in 2006, an increase of 83.2% in 7 years, and expected to break 300 million euros in 2014.

According to statistics, the total amount of mergers and acquisitions in Italy's fashion industry last year was only 352 million euros, which shrank sharply compared with 2 billion 800 million euros in 2013. However, in 2013, it was mainly supported by LVMH Mo t Hennessy Louis Vuitton SA (LVMH.PA) MOET & CHANDON Hennessy LV group to buy cashmere textiles and fine group Loro Piana SpA SpA equity, which is worth 2 billion 560 million US dollars.

The main paction in 2014 was the US private equity fund Blackstone Group LP (NYSE:BX) Blackstone bought Gianni Versace SpA Versace 20% stake in 210 million euros.

In addition to Liu Jo this year, the most likely sale is the Roberto Cavalli SpA, which has been on sale but has been wrong.

The newest buyers are Italy private Holdings Company Clessidra SGR SpA. The two sides have entered an exclusive negotiation. They are expected to sign a contract before March, and Clessidra SGR SpA may buy up to 90% of Roberto Cavalli SpA.

Roberto Cavalli SpA CEO Daniele Corvasce 1 said during the month's interview that the negotiations were proceeding smoothly.