AnnTaylor profit warning

The US womenwear retailer AnnTaylor Stores Corp announced worse than expected fourth quarter losses as a result of a singular change in the way the New York-based chain accounts for leases and falling sales. Click Here: liverpool mens jersey The company forecast a net loss of 14 cents (0,08 pence) to18 cents a share for …

Winter Trend Summary

It may be difficult to get your head around the new trends for fall/winter 2005/6, especially with spring and summer still to get through. But it’s always a good idea to be one step ahead of the rest. For one, it makes bagging the best items so much easier if you know what to look …

Jlo closes NYFW

Super diva Jennifer Lopez is debuting her new fashion line, Sweetface, at this season’s New York Fashion Week, which started on Friday and will end on 11 February. Jlo will in fact be closing the week with her show, which will be taped for an hour-long MTV special. The special will focus on her design …

Prada Jeans

Miuccia Prada has never hid the fact that she wasn’t into denim. While ever major designer has incorporated jeans looks into contemporary fashion at some stage, Miss Prada has waited to launch until this season. Prada’s new denim range, available for both men and women, consist of jeans, jackets, shjirts and skirts – all fabrics …

Austin Reed posts losses

Austin Reed, the British high street fashion retailer, has reported a loss of £1.1 million for the first half ended 13 August. The amount was, however, a small improvement on the loss of £2.8 million in the same period last year. The company admitted that its new CC division – previously known as Country Casuals …

Naf-Naf on the block?

The founding owners of French fashion label Naf Naf have apparently put the business up for sale, according to media reports late last week. According to these reports the owners, the Pariente brothers, are also looking for buyers for their Chevignon and NC Kids brands. Naf Naf, which sells young urban women’s and children’s clothing, …

Prada foresees growth

Prada is pr ojecting its pr ofits will grow by an average of 23.5 percent a year over the next five years. Sales for the luxury Italian retailer will increase by an average of 3.2 percent annually, reaching 1.51 billion euros by 2010, according to a document Prada issued to bankers over the summer as …

Next buys too much stock

It seems that British fashion retailer Next has overestimated its rate of sales growth and has bought too much stock for this season. This could result in a £34 million hit to sales this Christmas, according to analysts at investment bank JP Morgan. “This is only an estimate, and it could be higher, though I …

Profits rise for Zara

Spanish retail group Inditex, who own high street Zara fashion chain, said on Tuesday that net profits in the first nine months of the year had risen 28 per cent compared to last year and that trading in the fourth quarter was in accordance with expectations. The group, which pioneered the innovative “fast fashion” business …