>>
Home / Knowledge / News / Apparel/Garments / Limited Too's sportswear sales fall

Limited Too's sportswear sales fall

11
Apr '08
Tween Brands Inc announced that based on the results for the first nine weeks of the first quarter ending May 3, 2008, it expects earnings per diluted share to be in the range of $0.12 to $0.17 compared to its previous guidance of $0.35 to $0.40 per diluted share. The company reported earnings per diluted share of $0.39 for the first quarter 2007.

The company said that the expected earnings shortfall is largely a result of Limited Too's projected first quarter 2007 comparable store sales percentage decrease of 7% to 9%, a decrease greater than had been previously estimated.

The revised guidance also reflects $0.04 per diluted share for anticipated executive severance costs that were not included in Tween Brands' previous guidance.

The company said that Limited Too's sales were weak for the last two weeks of February and most of March. Sales trends have improved with the latest floorset at Limited Too stores beginning April 2nd.

“Limited Too's spring sportswear assortment has not resonated with our tween customer,” said Tween Brands Chairman and Chief Executive Officer, Mike Rayden.

“We did not offer her styles in the colors she wanted this spring and there has been a continuing absence of a meaningful casual bottom business.

Additionally, our marketing programs have not been as effective in driving store sales as in the past. That said, we believe that the changes to the creative and operational leadership of the business will have a positive long-term impact.


Must ReadView All

Pic: Shutterstock

Textiles | On 26th May 2022

CKFTA offers opportunities for Cambodia’s downstream processing sector

The Cambodia-South Korea Free Trade Agreement can help boost...

Pic: Shutterstock

Textiles | On 26th May 2022

China's logistics business expands in Jan-Apr 2022

China's logistics sector saw steady growth during January-April 2022, ...

Pic: Shutterstock.com

Apparel/Garments | On 26th May 2022

US apparel import from India jump 44% in March compared to Oct ’21

Apparel imports of the United States from India stood at $625.830...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Extension of RoSCTL to boost textile exports

Textile Industry, Head honchos

Textile Industry
Head honchos

Global supply chain collapsed during the pandemic

Textile Industry, Head honchos

Textile Industry
Head honchos

Marry with brand ethos

Dr. N Mohan,

Dr. N Mohan

Clarks Reliance Footwear Private Limited manufactures and retails footwear ...

Leanne Elliot – Young,

Leanne Elliot – Young

Forging the future of digital discourse, the Institute of Digital Fashion...

Dr. Ajay Sahai,

Dr. Ajay Sahai

Set up in 1965 by Ministry of Commerce, Government of India to focus the...

Francesco Vergentini, A.Celli Nonwovens

Francesco Vergentini
A.Celli Nonwovens

A.Celli Nonwovens offers a complete range of rewinders and rewinders...

Sameer Sonkusale & Rachel Owyeung, Tufts University

Sameer Sonkusale & Rachel Owyeung
Tufts University

A team at the Tufts University in Massachusetts was recently in news for...

Sachin Pendharkar, Dieffenbacher India Pvt Ltd

Sachin Pendharkar
Dieffenbacher India Pvt Ltd

Germany-based Dieffenbacher Group is a producer of high-quality composites ...

Sarah & Sandeep Gonsalves, Label - Sarah & Sandeep

Sarah & Sandeep Gonsalves
Label - Sarah & Sandeep

Sarah & Sandeep is a luxury designer label synonymous with a...

Timna Weber, Label - Timna Weber

Timna Weber
Label - Timna Weber

London-based sustainable high-end eponymous womenswear label, by designer...

Najla  & Cynthia Burt, Label - Dur Doux

Najla & Cynthia Burt
Label - Dur Doux

Renowned Washington DC based mother-daughter designer duo Najla and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments

ESTEEMED CLIENTS

GIOVANNI BOZZETTO S.p.A.
Stahl Holdings B.V.,
BTSR International S.P.A.
Bluesign Technologies Ag
Guess Europe Sagl,
Gloria Jeans
SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD
UBM China (Shanghai)
Huntsman (Singapore) Pte Ltd
Landmark Group
GERBER TECHNOLOGY LTD.
TEXVALLEY MARKET LIMITED
Shanghai  Aige Exhibition Service Co., Ltd
Helly Hansen Far East Ltd
BTC Textiles LLC
Lottmann Communications
Meera Dyestuff Industries
C;&A Sourcing International Ltd
COTTON COUNCIL INTERNATIONAL
Loris Bellini S.r.l.
John Varvatos
Eurofins BLC Leather Technology Centre Ltd
Color Service s.r.l.
Xtema - Thomas Lebherz Textilmaschinen
Midas Clothing Limited
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
Lululemon Athletica Inc
Rayonese Textile Inc., Division de Culp Inc.
APLF Limited
Lenzing Aktiengesellschaft
Chico’ FAS
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
IDH – The Sustainable Trade Initiative
Thai Acrylic Fibre Company Limited
Tradewind International Servicing
Arvind Limited
IIGM Private Limited
Tommy Hilfiger
The LYCRA Company Singapore  Pte. Ltd
CGS Inc.
Restoque S.A.
USTER
THE BOMBAY DYEING ;& MFG.CO. LTD
Recron Polyester from Reliance Industries Limited
NITI Aayog
Lacoste (Wanchai)
Taiwan Textile Federation (TTF)
SHAHI Exports Pvt Ltd
Reiter India Private Limited
Sainsbury's Argos Asia Limited
G.A.S. unternehmenskommunikation gmbh
Marzoli Machines Textile s.r.l.
MAS Active / MAS Kreeda / MAS Bodyline
BRINKMANN GMBH
Hirdaramani International Export Private Limited
Nihalani Events Management
TESCO INTERNATIONAL SOURCING LIMITED
X-Rite Asia Pacific Limited (HK)
Esprit Europe Services GmbH
Pt. Peraga Nusantara Jaya Sakti
KAS Direct Sourcing
Istanbul Fuarcilik A.S.
Lisa S.P.A.
Lenzing Aktiengesellschaft - India
Groz-Beckert East Asia LLP
H;&M Hennes ;& Mauritz (Far East) Ltd
Thai Trade Center
Aquarelle Clothing Limited
Groz-Beckert KG
PVH Corporation
Recron Polyester from Reliance Industries Limited
Jiangsu Yingyang Nonwoven Machinery Company Limited
Colours India Inc
TÜYAP IHTISAS FUARLARI A.S.
Seasalt Limited
EPCH
Performance Days
Shima Seiki Mfg. Ltd.
Messe Frankfurt Exhibition GmbH
Babyshop
Woolmark Services India Pvt. Ltd.
K AND D ITMACH EXPOSITIONS LLP
Alix Partners
GHCL LIMITED
FULGAR SpA
Lectra Technologies India Pvt Ltd.
Desigual - ABASIC, S.A.
Vardhman Textile Ltd
NV Michel Van de Wiele
Etam Group Strategy Hong Kong Limited
Saurer Textile Solutions Pvt. Ltd.
Decathlon
Rosset ;& Cia Limited
International Textile Manufacturers Federation
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
International Sourcing Expo Australia
Officina Meccanica Dora Enrico Srl
Bluestem Global Sourcing Limited
Eastman Chemical Company
J ;& P Coats
Lifestyle
Coats Digital Limited
Sportmaster Ltd.
Abit
VNU Exhibitions Asia
Alison Hayes Romania
SYNERGIES HONG KONG LIMITED
G-Star Raw C.V.
DuPont de Nemours, Inc.,
Palexpo SA
TESTEX AG, Swiss Textile Testing Institute
Permoda(Koaj/Armi/Pronto/Bkul)
Karl Mayer Textilmaschinenfabrik GmbH
ITMA Services Pte Ltd
Hela Clothing Pvt Ltd
Zünd Systemtechnik AG
Savio Macchine Tessili S.P.A.
H. Stoll AG & Company KG
CSGIA(China Screen Printing & Graphic Imaging Association)
Sateri (Jiujiang) Fiber Co.,Ltd
Inter Expo Center Ltd.
Varner AS Retail
Chori Company Limited
Aramark Uniform ;& Career Apparel, LLC
Benetton Group
Mayer & Cie. GmbH & Co. KG
BIANCA
Flainox S.r.l.
Indofil Industries Limited - Specialty & Performance Chemicals Division
Cat Tuong Real Estate Group Joint Stock Company
Datatex Consulting Srl
Comasia Limited
Page Industries Limited (Bangalore)
BIMBA ;& LOLA SL
Infor (Hong Kong) Limited
Aleph Srl
EMBEE CORPORATION
Italian Trade Commission
Grasim Industries Limited
Tory Burch Hong Kong Ltd
Kornit Digital Asia Pacific Ltd
Sportswear Company Spa
Tchibo GmbH
ZAITEX spa
Gap International Sourcing Limited
Weitmann & Konrad GmbH & Co. KG
Target Corporation (MN)
Under Armour Global Sourcing Ltd
The Top Form Brassiere Manufacturing Company Limited
Amazon China
Haelixa AG
Zydex Industries
FESPA (Reigate)
Messe Duesseldorf
Equinox Impex India
Gokaldas Exports Limited
Kern – Liebers Textile
Green Fibre
Indo Tex
OVS Hong Kong Sourcing Ltd.
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
T.T. Limited
Itema Weaving (India) Private Limited
JES MEDIA, INC
KIABI
Walmart
IKEA of Sweden AB
IFF Media Ag - International Media Services
Maceton Limited
Centric Software
N9 World Technologies Private Limited
Vianney Textil Hogar S.A. De C.V.
Calvin Klein
China World International Exhibition Company Limited
Phong Phu international JSC (PPJ)
Nandan Denim Limited
Boardriders Asia Sourcing Limited
Gatsby Africa
The LYCRA Company Singapore  Pte. Ltd
Tuyap Tum Fuarcilik Yapim A.S.
LC Waikiki
Asos
Newtech Textile Technology Development (Shanghai) Company Limited
Thermore (Far East) Ltd.
Dow Silicones Corporation
Truetzschler India Private Limited
Puma
Datacolor AG Europe
DyStar India Pvt. Ltd
Splash
Applied DNA Sciences Inc
Brandix Lanka Limited
Copenhagen Fashion Summit
Jindal Worldwide Limited
Rieter India Private Limited
Brückner Trockentechnik GmbH & Co. KG
Mesdan SPA
EUROVET ASIA LTD

May 2022

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search