Avon Products Inc (AVP.N) said on Thursday that it expected to save more than it had previously anticipated from its original restructuring, and unveiled a new plan to improve profits and fund its growth.

Nike Inc will build a logistics centre in eastern China, the facility will become Nike's largest such centre in Asia when it is completed at the end of 2010, the company said in a statement seen on Wednesday.

World No. 3 sportswear maker Puma reported a 76.7 percent drop in fourth-quarter operating on Wednesday, missing analysts' estimates, as it prepared for difficult times ahead.

Skechers USA Inc reported a fourth-quarter loss after the shoemaker was forced to take huge markdowns to manage excess inventory levels in a weak retail environment.

Blue Nile Inc (NILE.O) posted a lower quarterly profit that missed expectations as sales fell, and said the economic downturn prevented it from giving a financial outlook, sending its shares down 9.7 percent.

Britain's Croda, which makes ingredients for cosmetics and personal care products, reported on Tuesday full-year pretax profits up 78.3 percent to 98.4 million pounds ($140.7 million) in a difficult environment.

Belgian luxury lingerie retailer Van de Velde said on Tuesday it was pursuing stable turnover in 2009 and proposed paying out a 0.9 euro per share dividend for 2008, matching its 2007 payout.

Watchmaker Fossil Inc posted quarterly results in line with estimates, forecast a weak 2009 first-half and said it is in the process of making selective layoffs and other cost-cutting measures in 2009.

L'Oreal plans to fight consumer gloom by introducing cheaper creams and cutting costs as it braces itself for a tough first half, particularly in luxury cosmetics, it said on Tuesday.

Fashion retailer Hennes & Mauritz AB posted a smaller-than-expected 1 percent year-on-year fall in January sales at established stores. The mean forecast in a Reuters poll of 12 analysts had been for sales to fall 2.

The following stocks were on the move at the BSE on Monday. At 12:56 p.m., the benchmark 30-share BSE index was down 3.18 percent at 9,328.58 points. The 50-share National Stock Exchange Index was down 3.1 percent at 2,856.9 points.

Cosmetics maker Revlon Inc posted a 72 percent fall in its fourth-quarter profit, hurt by foreign currency fluctuations and lower sales in two brands. Revlon, controlled by financier Ronald Perelman, posted a fourth-quarter profit of $11.

T-shirt maker Gildan Activewear Inc said on Wednesday its first-quarter profit slumped 85 percent as demand for its products fell because of the worsening economy.

Apparel maker VF Corp reported fourth quarter earnings that topped analysts' lowered estimates and said it expects "modest revenue declines" in its jeanswear, sportswear and imagewear businesses in 2009.

French luxury group Hermes warned a possible drop in operating margins this year and flattish revenue growth after posting a 1.7 percent rise in fourth-quarter sales at constant exchange rates.