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International Business

  • Guess Q3 income up 7.8%, raises outlook

    Los Angeles -- Guess said its fiscal third-quarter net income rose 7.8% to $69.1 million from $64.1 million a year ago, surpassing analysts forecasts. The company lifted its full-year earnings forecast.

    Revenue for the quarter ended Oct. 30 rose 17% to a record $613.9 million, also topping predictions, with a strong boost from international sales.

    The company's retail stores in North America generated revenue of $253.7 million in the third quarter, up 5.9% from the same period a year ago. Same-store sales increased 1.5%.

  • Tiffany raises forecast as profits surge 27%

    New York City -- Tiffany & Co. reported a 27% gain in third-quarter profit, topping analysts’ estimates, as sales rose globally. The jewelry retailer raised its full-year earnings forecast.

    Net income rose to $55.1 million, from $43.3 million in the year-ago period, better than analysts had expected.

  • Anne Fontaine opens at South Coast Plaza

    New York - Anne Fontaine has opened a store at South Coast Plaza, Costa Mesa, Calif.  The 1,510 –sq.-ft. shop is based on the company’s New York flagship designed by architect Andree Putman.

    The new store combines natural materials and textures that embody the essence of Fontaine’s love of modernity and nature.

    "The concept behind the shop is simple; to experience a little bit of the French lifestyle," said designer Anne Fontaine

  • Destination Maternity Q4 profit triples

    Philadelphia -- Destination Maternity said its fourth-quarter net income tripled as cost-cutting measures paid off, even as sales in some categories fell.

    The company earned almost $4.3 million for the quarter that ended Sept. 30, up from $1.4 million during the same period last year. Revenue rose slightly to $124.3 million, from $123.8 million a year earlier. Same-store sales fell 2.3%.

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