Group 1 - G-III Apparel Group, Ltd. will release its second quarter fiscal 2026 earnings on September 4, 2025, before the market opens [1] - A conference call will be held at 8:30 a.m. ET on the same day to discuss the results, followed by a Q&A session for the investment community [1] - Participants can register for the call in advance and access it via telephone or live audio webcast [2] Group 2 - G-III Apparel Group is a global fashion leader with expertise in design, sourcing, distribution, and marketing [3] - The company owns and licenses over 30 brands, including ten iconic brands such as DKNY and Donna Karan, and licenses more than 20 sought-after names in global fashion [3]

Summary of Anta Sports Products Earnings Call Company Overview - **Company**: Anta Sports Products (2020.HK) - **Market Cap**: HK$286.8 billion / $36.8 billion - **Enterprise Value**: HK$326.7 billion / $41.9 billion - **Current Price**: HK$101.60 - **Target Price**: HK$121.00 (Upside: 19.1%) [7][19] Key Industry Insights - **Sales Guidance**: Anta has lowered its core sales guidance from high single digits (HSD%) to mid single digits (MSD%) for the Anta brand, while maintaining MSD% growth for the Fila brand. Other smaller brands have increased their growth guidance from over 30% to over 40% year-on-year [1][25]. - **Sales Trends**: Retail sales growth from July to August was slower than Q2 and below internal expectations, but there is hope for improvement in September [22][21]. - **Brand Strategy**: The company is focusing on a multi-brand strategy, with smaller brands helping to stabilize overall sales and margins [2][19]. Financial Performance - **Earnings Performance**: Anta reported a healthy core operating profit (OP) and net profit (NP) for 1H25, but the share price retreated by 2% due to mixed messages from the analyst briefings [1]. - **Revenue Forecasts**: Adjustments to net income forecasts for 2025-2027 reflect a slight decrease of -2% to 0% [2]. - **2025 Revenue Estimates**: - New: Rmb 80,548.1 million - Old: Rmb 80,435.6 million - Growth Rate: 13.7% [29] Brand-Specific Updates - **Anta Brand**: Operating profit margin (OPM) is expected to be maintained at 20-25% [25]. - **Fila Brand**: OPM is projected at around 25% [25]. - **Jack Wolfskin**: The brand is undergoing a 3-5 year revitalization plan, with expected losses exceeding Rmb 100 million in 2025 [1][28]. - **Other Brands**: - Descente's monthly sales per store increased to approximately Rmb 2.7 million in 1H25 [28]. - Kolon sports store count target increased from 190-200 to 200-210 [28]. Capital Allocation and M&A Strategy - **Investment Focus**: The company will prioritize investments in existing businesses and actively explore M&A targets to enhance its portfolio [1]. - **Buyback Plan**: Anta plans to maintain a stable payout ratio alongside its buyback strategy [1]. Risks and Challenges - **Market Volatility**: The company acknowledges potential volatility in gross profit margins (GPM) due to industry headwinds [26]. - **Discount Pressures**: There are concerns regarding discount levels and their impact on margins [31]. Conclusion - **Investment Recommendation**: Goldman Sachs maintains a "Buy" rating on Anta Sports Products, citing the company's strong execution of its multi-brand strategy and potential for sustainable market share gains [2][19].

Core Viewpoint - Oxford Industries, Inc. is set to release its second quarter fiscal 2025 financial results on September 10, 2025, after market close, followed by a conference call to discuss the results [1]. Group 1: Financial Results Announcement - The company will announce its second quarter fiscal 2025 financial results after the market closes on September 10, 2025 [1]. - A conference call will be held at 4:30 p.m. ET on the same day, hosted by key executives including the Chairman and CEO, Thomas C. Chubb III, and CFO, K. Scott Grassmyer [1]. Group 2: Webcast Information - A live webcast of the conference call will be available on the company's website [2]. - The replay of the webcast will be accessible on the website until September 24, 2025, and by phone using a specific access code [2]. Group 3: Company Overview - Oxford Industries is a leader in the apparel industry, owning several well-known brands such as Tommy Bahama®, Lilly Pulitzer®, and Johnny Was® [3]. - The company's stock has been traded on the New York Stock Exchange since 1964 under the symbol OXM [3].

Shares of Canada Goose Holdings are surging almost 13% in early trading Wednesday following a report that controlling shareholder Bain Capital has received takeover bids valuing the maker of high-end winter jackets at around $1.35 billion. https://t.co/2cuNWOfEua ...

Core Insights - PVH Corporation reported better-than-expected results for Q2 of fiscal 2025, with revenues and earnings exceeding the Zacks Consensus Estimate, although the bottom line decreased year over year while the top line increased [1][2][5] Financial Performance - Adjusted earnings were $2.52 per share, down 16.3% from $3.01 in the prior year, surpassing the Zacks Consensus Estimate of $1.97 and the company's guidance of $1.85-$2.00 [5] - Revenues increased by 4% year over year to $2.17 billion, beating the consensus mark of $2.10 billion, with management guiding for low-single digit revenue growth [6][12] - Direct-to-consumer revenues rose 4% year over year, while wholesale revenues climbed 6% [7][8] Segment Analysis - EMEA revenues increased 3% year over year to $1.05 billion, while Americas revenues climbed 11% to $684 million, driven by wholesale growth [13][14] - APAC revenues decreased by 1% year over year to $335.2 million, with direct-to-consumer revenues flat despite challenges in the region [15] Cost and Margin Details - Gross profit was $1.25 billion, nearly flat year over year, with gross margin contracting 240 basis points to 57.7% due to various cost pressures [9] - Adjusted selling, general and administrative expenses were $1.08 billion, up 1.5% year over year [10] Future Outlook - For Q3, revenues are projected to be flat to slightly up year over year, with adjusted earnings per share expected to be between $2.35 and $2.50 [21] - For fiscal 2025, reported revenues are expected to rise slightly to the low-single digits, with an adjusted EPS guidance of $10.75-$11.00 [23][24]

Financial Data and Key Metrics Changes - The company reported a 4% increase in revenue on a reported basis and a 1% increase on a constant currency basis for Q2 2025, exceeding guidance [5][34] - Gross margin was 57.7%, a decrease of 240 basis points compared to the previous year, but better than planned [39] - Earnings per share (EPS) was $2.52, reflecting a negative impact of $0.06 related to tariffs [41] Business Line Data and Key Metrics Changes - Direct-to-consumer (D2C) revenue was flat in constant currency, showing sequential improvement compared to Q1 [5] - Wholesale revenue grew by low single digits in constant currency, benefiting from the relaunch of Calvin Klein women's businesses in North America [5][36] - In the Americas, revenue increased by low double digits, driven by strong digital commerce growth [25][36] Market Data and Key Metrics Changes - In Europe, D2C growth continued with retail store sales up mid single digits, marking the fourth consecutive quarter of growth [35][24] - Asia Pacific revenue declined by 3% in constant currency, but showed significant sequential improvement compared to Q1 [36][27] - The Americas saw a 11% revenue increase, driven by double-digit growth in wholesale [36] Company Strategy and Development Direction - The company is focusing on strengthening its Calvin Klein and Tommy Hilfiger brands through strategic investments in marketing and product innovation [7][30] - Plans to open flagship stores in Tokyo and Soho, New York, are part of the global retail expansion strategy [15][99] - The company aims to navigate tariff impacts through a diversified revenue base and strategic sourcing partnerships [46][47] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the uncertainty in the macroeconomic environment but expressed confidence in the brand strength and execution capabilities [30][51] - The company reaffirmed its full-year guidance for constant currency revenue and operating margin despite tariff challenges [46][42] - Management highlighted the importance of leveraging product strength and marketing to drive consumer engagement and sales [80][81] Other Important Information - The company is experiencing a significant increase in inventory, up 13% compared to Q2 last year, reflecting planned improvements [41] - Strategic investments in marketing are expected to generate higher visibility and customer impact in the second half of the year [7][45] Q&A Session Summary Question: Insights on marketing investments - Management indicated that increased marketing investments are driven by strong product performance and the need to build momentum for the second half [54][56] Question: Tariff impacts and outlook - Management discussed the challenges posed by tariffs and the strategies in place to mitigate their effects, emphasizing the strength of their diversified supply chain [62][68] Question: Operational updates on Calvin Klein transformation - Management reported sequential improvements in operational execution for Calvin Klein, with a strong global product engine now in place [73][74] Question: Drivers of D2C improvement in North America - The improvement was attributed to product strength, enhanced marketing efforts, and increased consumer engagement [80][81] Question: Update on outlet traffic and consumer trends - Management noted sequential improvement in outlet traffic and emphasized the importance of brand desirability in driving consumer engagement [65][91]

Financial Data and Key Metrics Changes - Revenue for Q2 2025 increased by 4% on a reported basis and 1% on a constant currency basis, exceeding guidance [5][32] - Gross margin was 57.7%, a decrease of 240 basis points compared to last year, but better than planned [36] - Earnings per share (EPS) was $2.52, reflecting a negative impact of $0.06 related to tariffs [38] Business Line Data and Key Metrics Changes - Direct-to-consumer (D2C) revenue was flat in constant currency, with a sequential improvement compared to Q1 [5] - Wholesale revenue grew by low single digits in constant currency, benefiting from the relaunch of Calvin Klein women's businesses [5][32] - Calvin Klein revenues were up 5% as reported and up 3% in constant currency, while Tommy Hilfiger revenues were up 4% as reported and flat in constant currency [35] Market Data and Key Metrics Changes - In Europe, D2C growth continued with retail store sales up mid single digits, marking the fourth consecutive quarter of year-over-year growth [32][23] - The Americas saw revenue growth of low double digits, driven by strong B2C performance across both brands [24] - Asia Pacific revenue declined by low single digits in constant currency, but showed significant sequential improvement [26][34] Company Strategy and Development Direction - The company is focusing on strengthening its Calvin Klein and Tommy Hilfiger brands through strategic investments in marketing and product innovation [6][29] - A multi-year initiative is underway to simplify the operating model and achieve cost savings, with a focus on brand building and consumer engagement [3][29] - The company is committed to expanding its global retail presence, with new flagship stores opening in key markets like Tokyo and Soho [14][97] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges posed by increased tariff rates but expressed confidence in navigating the macroeconomic environment [40][44] - The outlook for the third quarter includes projected revenue to be flat to a slight increase on a reported basis, with continued focus on brand strength and consumer engagement [41][44] - Management remains optimistic about the long-term growth potential of Calvin Klein and Tommy Hilfiger, despite current uncertainties [29][49] Other Important Information - Inventory at quarter end was up 13% compared to Q2 last year, reflecting a planned improvement [38] - The company is increasing strategic investments in marketing to enhance visibility and customer impact [6][40] - The licensing business continues to grow, contributing to sustainable profitable growth [28] Q&A Session Summary Question: What drove the increase in marketing investments? - Management indicated that the step-up in execution and product strength led to increased marketing investments to build on Q2 momentum [51][52] Question: How will tariffs impact gross margins moving into 2026? - Management noted that tariffs are affecting the entire sector, but with a diversified revenue base and strong brand positioning, they are confident in their ability to mitigate these impacts over time [59][63] Question: Can you provide an operational update on Calvin Klein's transformation? - Management reported sequential improvements in operational challenges and expressed confidence in the global product capabilities established in New York [70][71] Question: What are the drivers of sequential improvement in North America D2C? - The improvement was driven by product strength, enhanced marketing, and increased consumer engagement [76][79] Question: What is the outlook for the wholesale environment in North America? - Management indicated a normalization of wholesale shipments and a strong performance with full-price partners [105][106]

Abercrombie & Fitch raised its full-year sales guidance following a stronger-than-expected quarter at the teen-focused Hollister brand https://t.co/3JK3R9BZp9 ...

每卖出10件女装就有8件被退，网红女装生意一地鸡毛，50万家店倒闭潮来袭。平台流量见顶，商家疯 狂补贴、压价、买流量，退货率却飙升到离谱的80%。女装生意到底发生了什么？今天我们来谈谈这场 网红女装的大败局。 ...

Group 1 - Canada Goose's shares rose nearly 7% in premarket trading following reports of bids to take the company private [1] - Bain Capital, the controlling shareholder, is looking to sell its stake in Canada Goose with Goldman Sachs advising on the transaction [1] - The offers to take the Toronto-listed company private are based on confidential information from unnamed sources [2]