How About The Three Quarter Of Clothing And Sales?

The apparel retailer Ascena Retail Group fourth lost its earnings in the fiscal season, because its Lane Bryant brand suffered a significant write down and Justice brand sales fell.

In the quarter ended July 25th, Ascena Retail's revenue was $1 billion 170 million, down 1.1% from the same period last year.

Net loss was $323 million 400 thousand, and net profit for the same period last year was US $15 million 700 thousand.

Us classic casual wear retailer Abercrombie & Fitch third doubled its profit in the financial quarter, thanks mainly to its efforts to revitalize its brand and reduce the sales of large discounts.

In the first quarter of October 31st, Abercrombie & Fitch earned $42 million 300 thousand, much higher than the $18 million 200 thousand earned in the same period last year.

In the same quarter, the company's sales fell by 4% to 878 million 600 thousand US dollars, but excluding the exchange rate effect, the sales volume of the company was basically the same as that of the same period last year.

Vitoria's Victoria's Secret, Bath & Body Works and other chain stores' parent L Brands Inc achieved a net profit of $164 million in the third quarter, and the company's current operating income was $2 billion 480 million.

US clothing company Guess Inc third earned 12 million 400 thousand dollars in the fiscal season, and the company's current operating income was $521 million.

Fashion brand

The company's largest apparel retailer, Inditex, rose by 20% in the 9 months to October 31st.

In the 9 months ended October 31st, sales increased by 16% to 14 billion 740 million euros.

At the same time, net profit was 2 billion 20 million euros, compared with 1 billion 690 million euros a year ago.

In the first three quarters of this year, 230 new branches were opened, consistent with the number of new stores opened in the same period in 2014.

At present, Inditex has 6913 branches worldwide.

H&M, Europe's largest apparel retailer (Hennes & Mauritz AB), said its earnings growth was affected in the third quarter of this year as the dollar strengthened.

In the third quarter ending August 31st this year, H&M sales (including VAT) increased from 38 billion 810 million Swedish kronor to 46 billion 20 million kronor in the same period last year.

Net profit increased from SEK 5 billion 300 million in the same period last year to SEK 5 billion 310 million (about US $630 million 800 thousand).

H&M plans to open 240 new stores worldwide in the fourth quarter of this year.

Management

Fast Retailing, a chain store "UNIQLO", announced its 2014 financial year (August September 2014 August) earnings, net profit increased by 47.6% over the previous fiscal year, reaching 110 billion yen, hitting a new high.

Sales amounted to 16817 billion yen, an increase of 21.6%.

Sales of overseas businesses, led by China and South Korea, increased by 45.9%, pushing up overall performance.

Group Gap released the third quarter report, net profit in the first three months ended October 31st dropped to 248 million US dollars, or 29.3%, from 351 million US dollars in the same period last year.

Net sales fell to 2.9% from 3 billion 970 million US dollars in the same period last year to 3 billion 860 million US dollars.

On the basis of comparable store turnover, Gap's global turnover dropped by 4%, Banana Republic's global turnover fell by 12%, and Old Navy's global turnover increased by 4%.

Us teenage clothing retailer American Eagle Outfitters third earned 74 million 100 thousand dollars in the fiscal season, and the company's current operating income was $919 million 100 thousand.

Crocs, a casual shoe maker, suffered a net loss of $27 million 700 thousand in the third quarter, down from $12 million in the same period last year.

In the third quarter, the revenue of Carlo's company was $274 million 80 thousand, down 9% from its revenue of $302 million 400 thousand last year.