British fashion retailer Jacques Vert Plc said its full-year profit would be below its expectations due to certain one-off charges and forecast weaker margins as it tried to stimulate a waning demand through promotions.
Cosmetics group L'Occitane International SA, the first French company to list in Hong Kong, is seeing a slowdown in China sales, Managing Director Andre Hoffmann said on Monday. He made the remarks at the company's results briefing.
Cosmetics group L'Occitane International S.A., the first French company to list in Hong Kong, said on Monday its net profit in the fiscal first half ended in September fell 3 percent from the year ago period.
Outdoor goods retailer Blacks Leisure faces a battle to survive after becoming the latest British retailer to issue a profit warning in the run-up to Christmas, saying trading conditions had weakened further in the past few weeks.
Sa Sa International Holdings Ltd, the Hong Kong-headquartered cosmetics retail group, has announced its interim results for the six months ended September 30, 2011, stating that it gained profit of HKD224.3 million, a year-on-year increase of 27.3%.
French luxury goods group LVMH said on Friday it would pay an interim dividend of 0.80 euros per share on Dec. 2. The last trading day with rights to the interim dividend is Monday, Nov. 28, the company said in a statement.
British retailer JD Sports Fashion said it had seen a sharp slowdown in sales growth since September and warned Christmas trading would be tough, overshadowing a prediction earnings will meet expectations.
Jewelry retailer Zale Corp reported a smaller quarterly loss on Monday as same-store sales improved. KEY POINTS Q1 2011 Q1 2010 Revenue $351 mln $327 mln Net loss $32 mln $98 mln Loss per share 99 cents $3.
Athletic footwear retailer Foot Locker Inc's quarterly results beat market expectations for the seventh straight quarter on stronger sales of its running shoes, sending the company's stock up about 5 percent in extended trade.
Hibbett Sports Inc's quarterly profit beat market expectations, helped by strong footwear and apparel sales. The sportswear and shoes retailer also raised its full-year profit forecast as it prepares for an optimistic holiday season.