Kenneth Cole Productions, Inc.’s Board of Directors Approves Kenneth D. Cole’s Offer to Acquire the Company for $15.25 per Share in Cash.
Kenneth Cole Productions, Inc. (NYSE: KCP) (the “Company”) announced that it has entered into a definitive merger agreement under which Kenneth D. Cole, Chairman and Chief Creative Officer of the Company and the beneficial holder of approximately 46% of the Company’s outstanding common stock (representing approximately 89% of the voting power), will acquire the Company through KCP […]Read More →
· Same-Store Sales Increase of 6.7%; Total Sales Improved 13.0% · Reported Net Income Up 36%; Adjusted Net Income Up 29% · Reported EPS of $0.63, Up 40%; Adjusted EPS of $0.63, Up 31% · Company Raises Full Year 2012 Financial Outlook Dollar General Corporation (NYSE: DG) today reported record sales, operating profit and net […]Read More →
Oxford Industries, Inc. today announced financial results for its fiscal 2012 first quarter ended April 28, 2012. Consolidated net sales rose 11% to $231.0 million compared to $208.3 million in the first quarter of fiscal 2011. On an adjusted basis, earnings per diluted share from continuing operations increased 5% to $1.12 from $1.07 in the […]Read More →
Overall shop price inflation increased to 1.5% from 1.3% in April. Food inflation remained at 4.3% in May for the second consecutive month. Deflation in non-food slowed to 0.1% from 0.5% in April. Stephen Robertson, British Retail Consortium Director General, said: “For the fourth month in a row non-food goods are cheaper than they were […]Read More →
As part of a steady international push, Kate Spade New York (ksny) announces today that it intends to buy its Japanese joint venture partner, Sanei International, out of their 51 percent share in the jointly owned company, Kate Spade Japan. This is part of a robust international expansion, which includes recent store openings in the […]Read More →
Ariat International, Inc., a rapidly growing active outdoor footwear and apparel company with a leading position in the global equestrian market, today announced that an agreement has been reached regarding the sale of the Company by a group of shareholders led by LNK Partners and Brentwood Associates to an existing shareholder, the Fisher family of […]Read More →