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Stock Market & Financial Investment News

News Breaks
February 27, 2014
06:07 EDTPVH, GPS, LVMUYJ. Crew considering possible IPO this year, NY Post reports
J. Crew, which is owned by Leonard Green & Partners and TPG Capital, is in talks with banks for an IPO, the New York Post reports. he retailer could fetch a valuation of up to $5B, a source says. An IPO could occur this year. Reference Link
News For PVH;GPS;LVMUY From The Last 14 Days
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July 24, 2014
11:50 EDTLVMUYLVMH Moet Hennessy reports 1H profit EU 2.58B vs. EU 2.71B last year
Reports 1H revenue EU 14.01B vs. EU 13.63B last year. LVMH said, "Organic revenue growth was 5% compared to the same period in 2013. The Group continued to grow in the United States and Asia. Europe demonstrated resilience despite a still challenging economic environment. With organic growth of 3%, the second quarter showed comparable regional trends to the first quarter, except in Japan, which had experienced particularly strong growth during the first quarter."
July 21, 2014
14:02 EDTGPSGap expands brand to Slovenia and Austria
Gap announced that it will introduce the Gap brand to Slovenia and Austria through agreements with new and existing franchise partners. Magistrat International has been selected for the launch of Slovenia and Gottex, which currently manages the Gap franchise business in Israel and Hungary, will launch Austria. Gap has signed a new agreement with Magistrat International to open three stores for the first time later this year in the capital city of Ljubljana. City Park. All locations are scheduled to open by September this year. Gap will also open its first store in Vienna, Austria this October through an existing relationship with Gottex Brands, which is a part of the Trimera Group.

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