Vitoria'S Secret Parent Company L Brands Grew Last Month.
Before the US disk, the American underwear brand Victoria 's Secret Vitoria's Secret parent L Brands Inc. (NYSE:LB) released the sales data in May. As of May 30th May, the company recorded an increase of 5% to $799 million 100 thousand, while the same store sales also recorded an increase of 5%.
The company also indicated that sales in the first 17 weeks ended 30 in May, accounting for $3 billion 311 million, up 5% compared to the same period last year, and the same 17 increase in the first 17 weeks.
At the end of last month, the company released its first quarter results, showing that net profit of L Brands Inc. reached $250 million 500 thousand in the first quarter of May 2, 2015, a 59.6% increase from last year's US $157 million, and earnings per share rose from $0.53 to US $0.84.
Market prediction
$0.62, compared with $0.53 a year ago.
The first quarter revenue recorded an increase of 5%, from 2 billion 391 million US dollars in the same period last year to 2 billion 512 million US dollars, while same store sales also recorded an increase of 5%, of which Victoria 's Secret
Victoria's Secret
The same store increased by 5%, which is in line with market expectations. The growth of Bath & Body Works 4% is less than 4.6% of the market forecast.
Gross profit margin
An increase of 90 basis points to 42% over the same period.
The group's annual earnings per share was expected to rise to US $3.50-3.70 from the previous 3.45-3.65 US dollar.
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It is reported that E.Land Group's branch K-Swiss Global Brands (KSGB), also known as "K-Swiss Inc.", has announced the acquisition of the leading clothing and footwear manufacturers, KR3W Denim Co. (KR3W) and the company of the company, and appointed the president of the company as the president of the brand.
K-Swiss Global Brands has acquired the company from the small private sector investors including California San Mateo private Holdings Company Bertram Capital and small private investors including ONE-Distribution founder Scott VanDerripe, Angel Cabada and Scott Bailey, and its purchase price has not yet been announced.
At the same time, KSGB also announced the appointment of Robert'Cape'Capener as the president of Supra and KR3W brands, and reported to KSGB president and chief executive Larry Remington.
Cape has a wealth of experience in sportswear, footwear and extreme sports, including the introduction of new products and the creation of brands.
Cape has established Above the Rim and Heaton brand, and has been an executive in Adidas (Adidas), Reebok (Reebok) and No Fear.
KSGB president and chief executive officer Larry Remington said: "although KSGB has been established for two years, we are striving to become one of the world's leading multi Brand Company.
SUPRA and KR3W meet our unique needs for product mix, namely originality, good brand awareness and good track record in seeking product innovation and seeking long-term global development opportunities.
We are very pleased to join the ONE-Distribution team and lay the foundation for the future.
The acquisition will bring the total number of global distribution brands of KSGB products to 6, including K-Swiss, Palladium, PLDM, OTZ Shoes, KR3W and SUPRA Footwear.
KSGB is the Department of E-Land Group.
E-Land Group is a company group with annual sales of $10 billion. It has more than 200 brands, more than 10000 retail outlets, branches and branches, including clothing, footwear, retail, hotels, leisure and entertainment.
The KSGB and ONE-Distribution leadership team will be working quickly in the next few weeks to develop an integrated plan for the company and its new entities.
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