Please fill in your details to download the Table of Contents of this report for free. We also do customization of these reports so you can write to us at firstname.lastname@example.org in case you need any other additional information.
Overview of Second Quarter Results:
Commenting on these results, Emanuel Chirico, Chairman and Chief Executive Officer, noted, “Our better than expected second quarter results reflect the continued momentum and ongoing operating efficiencies across our business model. The exceptional performance of Tommy Hilfiger allowed us to exceed our earnings expectations, despite the cost pressures and the economic uncertainty that have impacted the global marketplace.
“The strength of the Tommy Hilfiger brand was epitomized by the brand’s performance in Europe despite the ongoing economic headwinds in that region. In addition, Calvin Klein continued to post solid revenue increases in the quarter despite the soft performance of the global jeans and underwear businesses. Excluding the planned shift of advertising expenditures into the quarter, Calvin Klein would have generated improved operating performance over last year.”
Mr. Chirico added, “We have raised our full year earnings guidance based on our better than expected second quarter performance, the positive impact from lower product costs beginning with Fall deliveries and our belief that the strength of our brands will continue to drive revenue and profitability increases throughout the remainder of 2012.”
Click here to read more details:
| On 4th Jul 2020
Twenty UK retailers have signed a declaration to develop a road map...
| On 4th Jul 2020
Kenya's Thika Cloths Mills that was on the brink of closure following ...
Amazon, the largest online retailer, has joined CanopyStyle...
Dow Microbial Control
'Silvadur is most rapidly adopted in areas where hygiene-conscious and...
DLF Emporio and DLF Promenade
‘Each event and promotion is planned out keeping in mind the business of...
Angelina Francesca Cheang
'Consumers in the age-group 21 to 38 are driving the activewear trend'
Headquartered in Surat, Anubha Industries is a specialist for sustainable...
Tejas N Patel, Navin D Patel
in 1999 by Navin Patel in the name of Tejas Fabrics with 100...
New Delhi-based Jogindra Industries Private Limited provides an assortment ...
InvestKonsult Sweden AB
Investkonsult Sweden AB has been buying and selling second-hand textile...
University of New South Wales
<div><div><div><div><b>Melissa Tate</b>, a well-known scientist currently...
Voith Paper GmbH & Co. KG
The glass mat industry is growing by five to eight per cent annually. Kai...
"You have to truly understand what your client wants, know her needs, what ...
Label Ritu Kumar
‘Classics will return’
"There are a lot of people wearing western clothes ...
Somaiya Kala Vidya
Among the many honours showered on Frater, including Fulbright and Ford...
Letter to Editor
Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.
Subscribe today and get the latest information on Textiles, Fashion, Apparel.