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India's Arvind Fashions posts smaller Q3 sales growth, sending shares down 9%

India's Arvind Fashions posts smaller Q3 sales growth, sending shares down 9% BENGALURU, Feb 13 (Reuters) - India's Arvind Fashions ARVF.NS , which retails clothing from brands such as Arrow, Calvin Klein and Tommy Hilfiger, reported a slowdown in revenue growth in the key holiday quarter and warned that any improvement would only come next quarter. The company's shares tumbled nearly 9% after the results, in their biggest intra-day slide in five weeks.
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New York Fashion Week menswear showcases age-defying designs

New York Fashion Week menswear showcases age-defying designs NEW YORK, Feb 9 (Reuters) - New York Fashion Week: The Shows officially kicked off on Friday, with four menswear designers showcasing their new collections. Y.Chroma, which launched less than a year ago, is on a mission to target the often-ignored middle-aged bracket. "My customers ... look in line at Starbucks and realize they're wearing the same clothes as every other guy, and they want to change that.
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Pzena Investment Management Llc Reports 10.7% Passive Stake In Pvh Corp As Of Dec 31, 2023

BRIEF-Pzena Investment Management Llc Reports 10.7% Passive Stake In Pvh Corp As Of Dec 31, 2023 Feb 7 (Reuters) - PZENA INVESTMENT MANAGEMENT LLC REPORTS 10.7% PASSIVE STAKE IN PVH CORP AS OF DEC 31, 2023 - SEC FILING Source text - https://bityl.co/O2Pr Further company coverage: PVH.N
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India's Tata-owned Titan misses Q3 profit estimates on surging gold prices

UPDATE 1-India's Tata-owned Titan misses Q3 profit estimates on surging gold prices Updates with details throughout BENGALURU, Feb 1 (Reuters) - Indian jeweller and watch maker Titan Company TITN.NS reported third-quarter profit below estimates on Thursday as escalating costs of bullion outshined demand during the festive season. The company's profit rose 9.4% to 10.40 billion rupees ($125.33 million) in the three months ended Dec.
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India's Arvind posts lower revenue for fifth quarter on tepid denim demand

India's Arvind posts lower revenue for fifth quarter on tepid denim demand BENGALURU, Jan 30 (Reuters) - Indian retailer Arvind Ltd ARVN.NS posted on Tuesday a revenue drop for the fifth consecutive quarter, dampened by lacklustre prices of woven products and lower demand for denim. The Bengaluru-based company, which has a portfolio of owned and licenced international brands such as Tommy Hilfiger and Calvin Klein, said its consolidated revenue from operations fell 4.6% to 18.8 billion rupees du
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India's Brand Concepts up on renewing license agreement

BUZZ-India's Brand Concepts up on renewing license agreement ** Shares of Brand Concepts BRAN.NS rise 3.4% to 841.9 rupees ** Apparel and accessories maker renews distribution and licence agreement with PVH Arvind Fashion for brand name "Tommy Hilfiger" ** Renewed agreement, effective from Jan. 1, 2024, is for 3 years till Dec. 31, 2026 ** BRAN tra
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India's Arvind Fashions deserves higher valuation - Nuvama

BUZZ-India's Arvind Fashions deserves higher valuation - Nuvama ** Branded retailer Arvind Fashions ARVF.NS deserves higher valuation, given portfolio of marquee brands, lean balance sheet, and ample room for margin expansion- Nuvama ** Brokerage calls stock a "long-term" recommendation ** Initiates with "buy" and street high TP 660 rupees ** TP represents 39% premium to current price; Median TP at 544 rupees; Stock up 0.8% at 475 rupees on Thursday ** Nuvama sees revenue/EBITDA CAGR of 12%/22%
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Bangladesh garment factories fire workers after protests, unions say

UPDATE 1-Bangladesh garment factories fire workers after protests, unions say Adds company response paragraph 11 By Ruma Paul and Kanjyik Ghosh DHAKA, Dec 28 (Reuters) - Bangladesh garment factories have fired hundreds of workers since protests in October demanding higher wages, three labour unions representing half a million workers told Reuters this week, while many others are on the run fearing arrest.
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Bangladesh garment factories fire workers after protests, unions say

Bangladesh garment factories fire workers after protests, unions say By Ruma Paul and Kanjyik Ghosh DHAKA, Dec 28 (Reuters) - Bangladesh garment factories have fired hundreds of workers since protests in October demanding higher wages, three labour unions representing half a million workers told Reuters this week , while many others are on the run fearing arrest.
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India's Tata Capital eyes fashion brand Rare Rabbit at $300 mln valuation -sources

India's Tata Capital eyes fashion brand Rare Rabbit at $300 mln valuation -sources Tata Capital eyes investment in fashion sector firm Tata's bet signals growing interest in affluent shoppers Tata doing due diligence for Rare Rabbit stake buy-sources By M. Sriram MUMBAI, Dec 14 (Reuters) - India's Tata Capital is looking to purchase a roughly 13% stake in premium domestic fashion brand Rare Rabbit at a valuation of $300 million, as it seeks to bet on the country's affluent shoppers, three source
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PVH Names Sophia Hwang-Judiesch As President of Tommy Hilfiger North America

BRIEF-PVH Names Sophia Hwang-Judiesch As President of Tommy Hilfiger North America Dec 13 (Reuters) - PVH Corp PVH.N : PVH CORP. ANNOUNCES NEW LEADERSHIP APPOINTMENTS PVH CORP - APPOINTMENT OF SOPHIA HWANG-JUDIESCH AS PRESIDENT OF TOMMY HILFIGER NORTH AMERICA PVH CORP - AMBA SUBRAHMANYAM WILL BE PROMOTED TO CHIEF PEOPLE OFFICER AT PVH Source text f
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PVH rises after UBS raises PT on easing costs, steady consumer demand

BUZZ-PVH rises after UBS raises PT on easing costs, steady consumer demand ** Shares of Calvin Klein owner PVH PVH.N jump as much as 5% to $104.18 ** Brokerage UBS raises PT to $158 from $125 and expect favorable direct-to-consumer shift as well as lower input and freight costs to boost Q4 gross margin ** UBS adds it expects Q4 to see a hit due to
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U.S. STOCKS Copper miners, Ulta Beauty, gold miners

BUZZ-U.S. STOCKS ON THE MOVE-Copper miners, Ulta Beauty, gold miners Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes inched higher on Friday after Federal Reserve Chair Jerome Powell acknowledged progress in lowering inflation, encouraging expectations the central bank was done with its interest rate hiking campaign.
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PVH up after brokerages raise PT

BUZZ-PVH up after brokerages raise PT ** Shares of apparel vendor PVH Corp N > rise 1.3% to $99 ** At least 10 brokerages raise their PTs on the PVH stock between $103 - $131 ** Analysts says the shares are undervalued given the margin expansion opportunity, clean inventory levels, and normalization of wholesale purchasing into next year ** "We exp
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U.S. Chipotle Mexican Grill, Immunogen, Salesforce

U.S. RESEARCH ROUNDUP-Chipotle Mexican Grill, Immunogen, Salesforce Dec 1 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Chipotle Mexican Grill, Immunogen and Salesforce, on Friday. HIGHLIGHTS * Chipotle Mexican Grill Inc CMG.N : RBC raises target price to $2425 from $2185 * Immunogen Inc IMGN.O : Deutsche Bank cuts to hold from buy * Salesforce Inc CRM.N : Citigroup raises target price to $265 from $247 * Snowflake
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U.S. Eli Lilly, Five Below, Synopsys

U.S. RESEARCH ROUNDUP-Eli Lilly, Five Below, Synopsys Nov 30 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Eli Lilly, Five Below and Synopsys, on Thursday. HIGHLIGHTS * Crowdstrike Holdings Inc CRWD.O : Goldman Sachs raises target price to $222 from $195 * Eli Lilly LLY.N : Berenberg raises target price to $680 from $600 * Five Below Inc FIVE.O : Jefferies raises target price to $222 from $212 * McDonald's MCD.N :
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Antique initiates India's Arvind Fashions with "buy"

BUZZ-Antique initiates India's Arvind Fashions with "buy" ** Brokerage Antique Stock Broking starts coverage of India's Arvind Fashions ARVF.NS with a "buy" rating and TP of 565 rupees ** Says co, which retails brands like Arrow and Calvin Klein (CK), has "very strong portfolio" of brands in fast-growing casual wear category ** Focus over the next
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PVH Corp reports results for the quarter ended in October - Earnings Summary

PVH Corp reports results for the quarter ended in October - Earnings Summary PVH Corp PVH.N reported quarterly adjusted earnings of $2.90​​ per share for the quarter ended in October, higher than the same quarter last year, when the company reported EPS of $2.60. The mean expectation of seventeen analysts for the quarter was for earnings of $2.74 per share.
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PVH falls on Q3 revenue miss

BUZZ-PVH falls on Q3 revenue miss ** Shares of apparel company PVH PVH.N fall ~4% to $87.88 after the bell ** Co's Q3 revenue of $2.36 billion misses analysts' average expectation of $2.41 billion ** Co expects adj profit for Q4, known as holiday quarter, of $3.45/shr, below estimates of $3.51/shr ** Up to last close, stock up 29.6% YTD Reporting b
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PVH Q3 Adjusted EBIT USD 249 Million

BRIEF-PVH Q3 Adjusted EBIT USD 249 Million Nov 29 (Reuters) - PVH Q3 EBIT USD -230 million. Q3 revenue USD 2,363 million outlook FY revenue growth 1%
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