298
Fashion Jobs
L'OREAL GROUP
Assistant CRM Manager
Permanent · HONG KONG
L'OREAL GROUP
Key Account Manager
Permanent · HONG KONG
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
By
Reuters
Published
Oct 17, 2008
Reading time
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VF Corp profit tops view; company cuts outlook

By
Reuters
Published
Oct 17, 2008

* VF profit of $2.03 excl items tops estimates by a penny

* Revenue up 6.4 pct to $2.21 bln

* VF cuts 4th-qtr, 2008 views on tough macro conditions

NEW YORK, Oct 17 (Reuters) - VF Corp reported a better-than-expected third-quarter profit on Friday as strong sales of its outerwear and fashion clothing brands offset declines in the manufacturer's jeans and sportswear businesses.

But the company slashed its outlook for the fourth quarter, saying a significant deepening of the global financial crisis and worsening economic conditions would hit consumer confidence even harder.

VF, whose more than 30 brands include Vans, Wrangler, The North Face and 7 For All Mankind, said net income rose about 13 percent to $233.9 million, or $2.10 per share, from $207.2 million, or $1.84 per share, a year earlier.

Excluding a special gain, profit was $2.03 per share, topping the analysts' average forecast by a penny, according to Reuters Estimates.

Revenue rose 6.4 percent to $2.21 billion.

VF sells its clothes through company-owned stores, discount chains, department stores and other specialty retailers, which have all seen sales slow as U.S. consumers grapple with a teetering economy, job losses and higher gas prices.

For the fourth quarter, the company forecast revenue growth of 3 percent to 4 percent and an earnings-per-share increase of 1 percent to 5 percent. It had previously expected rises of 8 percent in revenue and 20 percent in earnings.

For the full year, the company cut its revenue growth forecast to a range of 7 percent to 8 percent from a prior view of more than 9 percent. It expects earnings to rising 8 percent to 9 percent, down from its previous growth forecast of about 12 percent. (Reporting by Martinne Geller; Editing by Lisa Von Ahn)

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