Financial

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Financial

Page 42 of 53
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Michael Kors' Valuation Sets New Fashion Standard

The designer and other shareholders are preparing a secondary offering of 25 million shares that is expected to raise $1.18 billion.

Lululemon Q4 Profits Rise 34.2%

Activewear firm posted double-digit gains in profits and revenues for the full year, noting that it reached the $1 billion revenue mark.

Warnaco Plots Five-Year Plan and Acquisitions

The maker of Calvin Klein underwear and jeans aims to grow sales by 10 percent a year, hitting $4 billion in revenue by 2016, up from $2.5 billion in 2011.

Strong Growth in Asia Fuels Li & Fung

Net profit for the full year 2011 rose 24 percent, driven by acquisitions and synergies gained from its three-year growth plan.

Michael Kors Ups Q4 and Full-Year Guidance

The company also said comps for the 11 weeks ended March 17 rose 35.8 percent.

Italy's Pianoforte Eyes IPO

Italian bank Intesa Sanpaolo SpA has taken a 10 percent stake in the innerwear brand to fuel the firm’s expansion.

Salvatore Ferragamo Profits Rise 69.8% in Year

Except for Japan, revenues by geographical area rose globally close to or higher than 30 percent.

Higher Raw Materials Costs Hit Benetton

In 2011, revenues decreased 1 percent to 2.03 billion euros, or $2.82 billion.

European Troubles Weigh on Guess

Shares tumbled more than 10 percent in after-hours trading as the company provided forward guidance that fell far short of analysts' expectations.

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Hugo Boss Profits Soar in Year

After outpacing original sales and earnings forecasts in 2011, company said it expects to further improve its record results in 2012.

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Ann Inc. Moves to Fix Ann Taylor

Firm has a healthy outlook for 2012 with midsingle comp-store sales gains and widening gross margins in the forecast.

Maidenform in Red for Qtr.

Intimate apparel firm's 2012 outlook disappoints.

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