298
Fashion Jobs
H&M
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H&M
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ESTÉE LAUDER - BRAND
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Permanent · HONG KONG
CLINIQUE
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Permanent · HONG KONG
CLINIQUE
Senior Marketing Manager, Clinique
Permanent · HONG KONG
TOMMY HILFIGER
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AESOP
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NEWELL
Senior Manager, Indirect Sourcing
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L'OREAL GROUP
Group Product Manager
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ADIDAS
Senior Manager, Materials Availability Management
Permanent · HONG KONG
L'OREAL GROUP
Assistant Purchasing Manager (Marketing, Digital IT)
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PUMA
Manager Innovation Technical Apparel
Permanent · HONG KONG
DR. MARTENS
Head of Financial Accounting, Apac
Permanent · TSIM SHA TSUI
TJX COMPANIES
Director of Sourcing, Apparel -Hong Kong
Permanent · HONG KONG
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Hysan Place
Permanent · CAUSEWAY BAY
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Yoho Mall
Permanent · HONG KONG
A & F
Abercrombie & Fitch - Brand Representative (Part-Time / Full-Time), Harbour City
Permanent · TSIM SHA TSUI
KERING EYEWEAR
Kering Eyewear Assistant Trade Marketing Manager Travel Retail
Permanent · HONG KONG
JAEGER
Training Manager
Permanent · HONG KONG
L'OREAL GROUP
Retail And Education Manager
Permanent · HONG KONG
TORY BURCH
Senior Manager, Retail Training, Asia
Permanent · HONG KONG
By
Reuters
Published
May 31, 2018
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American Eagle sales beat estimates, lingerie line 'on fire'

By
Reuters
Published
May 31, 2018

American Eagle Outfitters Inc reported record-high first-quarter comparable sales on Thursday, helped again by strong demand for its Aerie line of lingerie. The Pittsburgh-based company’s comparable sales rose 9 percent in the quarter ended May 5, beating analysts’ average estimate of a 5.8 percent increase, according to Thomson Reuters I/B/E/S.



The company forecast earnings per share of 27 to 29 cents for the second quarter, higher than analyst estimates of 25 cents.

American Eagle’s Aerie brand of lingerie has become extremely popular in recent years, especially with young adults, and has been successful in taking market share from L Brands’ Victoria’s Secret.

“After starting a Body Positivity movement, Aerie is nothing short of spectacular, delivering record growth rates and gaining market shares in the intimate space,” CEO Jay Schottenstein told investors on a call on Thursday.
The retailer’s jeans business and investment in e-commerce also contributed to its success in the quarter, Schottenstein added.

Aerie first-quarter comparable sales gained 38 percent, the retailer’s highest growth rate to date.

But seasonal goods such as shorts suffered from a cooler-than-expected spring, the company said.

Net income rose to $39.9 million, or 22 cents per share, in the quarter, from $25.2 million, or 14 cents per share, a year earlier.

Net revenue rose 8 percent to $823 million.

Shares were trading at $22.29 in morning trading after climbing to $22.76 earlier in the session, from $22.61 at Wednesday’s close.

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