298
Fashion Jobs
H&M
Total Rewards Manager, Supply Chain
Permanent · TSIM SHA TSUI
H&M
Accounts Specialist
Permanent · TSIM SHA TSUI
ESTÉE LAUDER COMPANIES
Assistant Demand Planning Manager
Permanent · HONG KONG
ESTÉE LAUDER - BRAND
Retail Marketing Manager, Estée Lauder
Permanent · HONG KONG
CLINIQUE
Assistant Education Manager, Clinique
Permanent · HONG KONG
CLINIQUE
Senior Marketing Manager, Clinique
Permanent · HONG KONG
TOMMY HILFIGER
Senior Manager, Creative Services, Tommy Hilfiger Asia Pacific
Permanent · HONG KONG
AESOP
Retail Consultant
Permanent · SHA TIN
NEWELL
Senior Manager, Indirect Sourcing
Permanent · HONG KONG
L'OREAL GROUP
Group Product Manager
Permanent · HONG KONG
ADIDAS
Senior Manager, Materials Availability Management
Permanent · HONG KONG
L'OREAL GROUP
Assistant Purchasing Manager (Marketing, Digital IT)
Permanent · HONG KONG
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
Aug 27, 2012
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DSW profit beats on higher demand for affordable branded shoes

By
Reuters
Published
Aug 27, 2012

Footwear retailer DSW Inc's second-quarter profit beat analysts' estimates for the sixth consecutive quarter as more value-conscious customers shopped for its affordable and trendy branded shoes.


Photo: DSW


DSW, which sells shoes of brands including Prada, Nine West, Fendi and Tommy Hilfiger at discounted rates, maintained its adjusted profit forecast for fiscal 2012 and said it plans to open 27 new stores in the second half of the year.

The fact that DSW has the ability to read demand and deliver fashionable merchandise in a timely manner sets them apart from competitors, analyst Steven Marotta of CL King & Associates told Reuters.

Same-store sales, or sales at stores open for at least a year, rose 4.2 percent.

DSW posted a profit of 66 cents per share excluding items related to its merger with its largest shareholder Retail Ventures last year.

Analysts' were expecting a profit of 62 cents per share, according to Thomson Reuters I/B/E/S.

Quarterly revenue at the company, which also sells handbags and accessories, rose 7.5 percent to $512.2 million compared with analysts' expectations of $510.9 million.

The strong second-quarter results have set the company up well for the third quarter considering clearance is on plan, according to Mark Montagna of Avondale Partners LLC.

"I expect them to outperform most of the specialty retailers and at least achieve their earnings target," Montagna said.

Shares of Columbus, Ohio-based DSW which have risen more than 40 percent this year, were up about 6 percent at $64.76 on Tuesday on the New York Stock Exchange.

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