British upmarket jeweller Theo Fennell said on Friday it was expecting a full-year loss after posting a 21 percent fall in Christmas sales and that it was now working on downsizing the business.
Cosmetics makers Estee Lauder Cos Inc and Elizabeth Arden Inc warned of disappointing quarterly profits and slashed their full-year outlooks, citing weak sales over the holiday shopping period.
Underwear maker Maidenform Brands Inc (MFB.N) said it would cut about 9 percent of its workforce and forecast lower-than-expected 2008 results, hurt by global economic slowdown and costs associated with restructuring.
Clothing retailer Truworths International Ltd (TRUJ.J) said on Thursday it expects to report a 12-17 percent increase in first-half earnings per share (EPS) as new stores and higher prices boost sales.
Italian designer Roberto Cavalli said he had agreed to sell a minority stake in his fashion house to private equity company Clessidra, a local business daily reported on Thursday.
Tiffany & Co cut its profit forecast again on Wednesday after sales over the holiday season fell 21 percent as the weak economy dealt a hard blow to the upscale jeweler, sending its shares down nearly 7 percent.
Spanish fashion chain Adolfo Dominguez reported nine-month net profit down 75 percent on Wednesday, reflecting the weakness of the Spanish retail sector battered by an economy heading for recession.
The winter sales for Italy's Mariella Burani Fashion Group (MBFG.MI) have started reasonably well after a good enough December but difficult November, Chief Executive Giovanni Burani said on Tuesday.
Fashion company Liz Claiborne Inc (LIZ.N) said on Tuesday that it amended and extended its revolving credit facility, removing a major concern for investors over its ability to meet debt covenants and sending shares up 11 percent.
Fashion company Liz Claiborne Inc (LIZ.N) said on Tuesday that it amended and extended its revolving credit facility, removing a major concern for investors over its ability to meet debt covenants and sending shares up 11 percent.
Perry Ellis (PERY.O) said Tuesday that starting in 2009 it expects its women's contemporary businesses to grow to double of what they were last year, sending its shares up more than 10 percent.
Japan's Fast Retailing Co (9983.T) booked a 46 percent gain in first-quarter profit and lifted its annual forecast, bucking an industry downturn as cost-conscious consumers sought out its Uniqlo casual clothing chain.
Swatch Group (UHR.VX), the world's largest watchmaker, sees sales picking up in the second half of 2009 after dipping in the first half, its chairman said in an interview for the weekend edition of Swiss paper Finanz und Wirtschaft.
Apparel retailer J Crew Group Inc (JCG.N) cut its fourth-quarter and full-year outlook on Thursday, citing lower-than-expected sales and margin trends.
Shares of retailer Coach Inc (COH.N) dropped 5.5 percent to $19.75 after the bell on Thursday after the company issued a warning on its second-quarter profit outlook.
