Steven Madden Ltd raised its 2009 profit outlook and the shoe maker expects to report first-quarter results above market estimates, driven by the performance of the Steve Madden Womens and Madden Girl brands.
The textile and sports equipment group Lafuma announced on Tuesday 21 April a slight increase in its turnover for the first half (to the end of March) of the 2008/2009 fiscal year, and its intention to increase its capital by around €10 million.
Style Network has ordered a new reality series about the world of mother-daughter socialites. In "Mothers and Daughters of Dallas" (the show's working title), the Comcast-owned fashion-themed network will tell the stories of wealthy women in the Lone Star State as they struggle to maintain their status.
Shoe company Deckers Outdoor Corp posted better-than-expected first-quarter results, helped by strength in its UGG brand, but it forecast a second-quarter loss, sending its shares down more than 7 percent.
British fashion retailer Alexon Group Plc posted a 79% fall in its full-year adjusted pretax profit mainly on lower margins and a poor performance at its Bay Trading brand, and said that it would not pay a final dividend.
Shoe maker Wolverine World Wide Inc posted a first-quarter profit that beat market expectations, as strong sales at key brands and lower operating expenses helped offset some of the hit from unfavorable foreign exchange rates.
Clothing retailer C&A will continue to expand its branch network in Europe, unfazed by the global economic downturn, it said on Wednesday 22 April after reporting a rise in full-year sales and market share.
Discount fashion retailer Primark said on Tuesday 21 April its operating margins may fall further in its second-half after sliding in its first-half due to the extras costs from a new distribution centre.