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SUPER FASHION
Manager -Accounts & Finance(For Garment Export House)
Permanent · FARIDABAD
LIMEAPPLE APPAREL
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Lead Technical Product Manager – p&m, Icc, India
Permanent · Bengaluru
NIKE
Lead Product Manager, India – ed&a Icc
Permanent · Bengaluru
PVH
Manager, Business Solutions
Permanent · Bengaluru
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NIKE
Senior Software Engineer Iii, India – Marketing Technology Icc
Permanent · Bengaluru
TLM CONSULTANCY.COM
Website Developer
Internship · MUMBAI
NIKE
Senior Sap Application Engineer – Sec Tech, Icc, India
Permanent · Bengaluru
NIYOSSHIC LUXURY CONSULTANCY
PR Assistant
Internship · MUMBAI
SAAHRA
Merchandising Summer Internship
Internship · NEW DELHI
SAAHRA
Fashion Journalism Summer Internship
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SAAHRA
Marketing Summer Internship
Internship · NEW DELHI
KOMAL TEXFAB PVT LTD
Senior Merchandiser - Ethnic Garments
Permanent · AHMEDABAD
NIKE
Software Engineer Iii - Inventory Order, India - Move Icc
Permanent · Bengaluru
NIKE
Software Engineer ii – Move, Icc
Permanent · Bengaluru
LOTUS INTERNATIONALS
Fashion Designer
Internship · CHENNAI
LOTUS INTERNATIONALS
Fashion Designer Trainees
Internship · DELHI
RR GROUP
Fashion Designer
Permanent · NEW DELHI
GOKALDAS EXPORTS LTD
Manager / Asst Manager - Industrial Engineering (Garments Industry)
Permanent · Tumakuru
PS EXPORTS & CONSOLIDATES P LTD
Merchandiser/sr.Merchandiser(Woven Garments Exp)
Permanent · Chennai
NIKE
Senior Software Engineer Iii – Retail Commerce Passplay, India - Consumer & Marketplace Icc
Permanent · Bengaluru
By
Reuters
Published
Oct 25, 2019
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VF Corp profit misses estimates on slowing Vans shoes demand

By
Reuters
Published
Oct 25, 2019

VF Corp reported second-quarter earnings below expectations on Friday, hit by sluggish demand for its Vans shoes, sending the apparel maker’s shares down 10%.


Photo: Vans - Vans



The 120-year old company also maintained its full-year forecast, which again fell short of estimates.

Despite VF’s efforts to sell directly to customers and boost its online business, bigger rivals Nike (NKE.N) and Under Armour (UAA.N) pulled in more customers with their new launches and stronger digital presence.

Revenue from Vans shoes grew 14% in the quarter, down from 26% in the year earlier.

VF Corp’s net income rose to $649 million, or $1.61 per share, in the quarter ended Sept. 28, from $507.1 million, or $1.26 per share, a year earlier.

Excluding items, the company earned $1.26, missing the average analyst estimate of $1.31.

Net revenue climbed 5.4% to $3.39 billion, but missed the average analyst estimate of $3.42 billion, according to IBES data from Refinitiv.


 

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