The Performance Of International Apparel Brands Varies.
US clothing brand Ralph Lauren (Ralph Lauren) released quarterly reports, the company's third quarter earnings exceeded expectations, but less than expected revenue.
The company's profit fell to $131 million in the fiscal quarter as of December 26, 2015, compared with $215 million in the same period last year.
Revenues declined from $2 billion 30 million to $1 billion 950 million, including wholesale and retail sales.
The US apparel group Ralph Lauren lowered its performance expectations this year, and its stock price fell 22.16% on the day of the close of the stock market.
Last September, Ralph Lauren resigned from the company's CEO position and appointed the former chief executive of GAP group's Old Navy as the new CEO.
The US fashion brand Calvin Klein parent group PVH group achieved outstanding results in 2015, thanks to strong sales of Calvin Klein, the group's fourth quarter profit rose more than 160%.
According to financial reports,
PVH
The group's net profit in the fourth quarter surged to $134 million from $51 million 500 thousand in the same period in 2014, and diluted earnings per share rose to $1.63 from $62 in the same period in 2014.
Total revenue rose to 2.1% US $2 billion 110 million in the first three months of January 31st.
The group currently has a market value of about $7 billion 50 million.
The group's brand Calvin Klein was particularly prominent, with total brand revenue rising 14.7% to 860 million dollars; group's other brand Tommy Hilfiger total revenue fell 4.7% to 904 million dollars.
The group said it would withdraw the plan.
Tommy Hilfiger
The remaining 55% of China's shares will further strengthen the brand's market position in China.
U.S.A
Apparel Group
Urban Outfitters recently announced its fourth quarter and full year earnings report, which was affected by the decline in clothing sales and gross margins. By the end of January 31st, the group's net profit in the fourth quarter dropped 7.2% to $73 million from 80 million 200 thousand US dollars in 2014, and the net profit for the whole year dropped 8% to 222 million 400 thousand dollars from 323 million 400 thousand US dollars.
The net sales volume of Urban Outfitters in the fourth quarter was unchanged at $1 billion 10 million compared with the same period last year, while net sales in same store retail outlets fell by 2%.
By brand, net sales of Free People brand retail outlets rose 2%.
Net sales of Anthropologie and Urban Outfitters fell by 2% and 3% respectively.
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