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profits

Walmart Collabs With Cops for Atlanta Store Relaunch

America's biggest retailer came up with a novel solution to retail's $100 million crime problem: put a police…

Asos Confirms Credit Talks With Lenders

E-tailer Asos is amending the terms of its $396.9 million revolving credit facility.

PVH CEO on Balancing People and Profits, Though the ‘Shareholder Is Still King’

Companies must strive to balance the interests of all stakeholders, with an eye to people and profits, though…

Profit Margins Reveal Why Apparel Will Always Have a Place in Stores

If you want apparel to yield the highest profit margins, you'll sell it in a store, according to a new report…

Tesco Admits Accounting Irregularities, Chairman Steps Down

Tesco announced Thursday that its chairman Sir Richard Broadbent would step down from his position after the…

Burberry Expects Currency Fluctuations to Take Bite Out of Profits

Burberry Group, a UK-based luxury clothing company, announced that it expects its profits to be hurt by…

India’s Raymond Ltd Reports 82% Drop in Profits

Raymond Ltd, one of India’s leading textile and apparel producers, an proprietors of the 3,000-store…