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Leslie Sansone's Start Walking 2 Mile

Walking expert Leslie Sansone's 30 minute at-home workout.

Walking expert Leslie Sansone's 30 minute at-home workout.

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While first quarter results were negatively impacted by inventory reductions, the company expects stronger reported and underlying results over the balance of the year, driven by more stable inventory levels and expanding global demand for the company's portfolio of brands.The stock is now sitting near its 20-day moving average on a daily chart, but is currently below the 50 and 100-day moving avg. However, it remains comfortably above its 200-day moving average, which is at $85.74.tiffany and co 11:27 am Chico's Bottom Line Hit by Margin Pressurestiffany rings While the broader market has done just fine in 2014, women's apparel retailer Chico's FAS (CHS 15.39, -0.63) has not. Its stock is down 18% year-to-date and is under pressure today following the company's second quarter earnings report. The headline trouble started with the understanding that Chico's profit of $0.20 per diluted share fell short of analysts' expectations. It also marked a 26% decline from the year-ago period despite the benefit of a lower tax rate and having roughly 6% fewer diluted shares outstanding on a weighted average basis.Chico's managed a 3.3% increase in net sales to $649.5 million on comparable-store sales growth of 0.3%; however, promotional activity that pressured gross margins and higher SG&A expenses that pressured operating margins were the main drivers behind the decline in net earnings.To be exact, Chico's gross margin rate fell by 240 basis points to 54.3% while its operating margin rate contracted by 330 basis points to 8.2%.On a somewhat better note, the company's core Chico's/Soma Intimates segment enjoyed a 1.4% comparable-store sales increase after a 3.1% decline in the year-ago period. This segment accounted for 64.4% of net sales versus 63.6% of net sales last year.The White HouseBlack Market brand, which accounted for 31.9% of net sales, reported a 1.9% comparable-store sales decrease on top of a 1.5% in the same period a year ago.Chico's didn't offer any guidance in its earnings press release.tiffany outlet store 8:57 am Express Sees Turnaround Quarter on Better-Than-Expected EPS and RevenuesApparel and accessories dealer Express (EXPR) is trading higher by 12.3% in the pre-market after reporting better than expected Q2 results. Earnings came in above expectations and surpassed the guidance that was given in last quarter's disappointing earnings release. Revenue declined year-over-year but also surpassed analyst expectations. The company also issued in-line guidance for its Q3 EPS and raised previous guidance for FY15 EPS, while reaffirming FY15 guidance for negative mid-single digits comps. Express attributed the better than expected results to performance in its Factory Outlet stores and merchandise margins that came in above expectations at the company's full priced retail stores. Today's better than expected results from Express are encouraging as they follow a string of disappointing quarters that have resulted in a poor performance for the stock during 2014. Prior to this morning's post-earning spike, EXPR equity was down 22% year to date.After hitting a 52-week low of $11.80 following last quarter's earnings, the stock gapped higher in mid-June when activist investor Sycamore Partners indicated it was interested in acquiring the company. Express subsequently established a Special Committee of the Board to determine a course of action. In this morning's report, the company noted that it did not repurchase any stock during the quarter, due to Sycamore Partners' interest in acquiring the company. Looking at peers, it's worth noting that this morning's results from Express follow earnings reports last week from peers American Eagle (AEO), Buckle (BKE) and Aeropostale (ARO), where AEO and BKE each reported earnings beats and saw strong stock reactions. The retail sector has outperformed over the past month, rising 4.3% vs. a 1.3% gain in the S&P 500 during the same period. The stock is up 15.7% since its 52-week low of 11.80 on May 30, and is currently gapping up in premarket trading to $16.25.7:50 am Tiffany & Co. Has Sparkling Second Quarter ReportLittle blue boxes from Tiffany & Co. (TIF 100.77) always contain a pleasant surprise for their recipients. The same can't be said for every earnings report from the jewelry retailer, but in the case of its second quarter earnings report, it was basically all pleasant.The tone was set in the first few sentences of the earnings press release, which noted: "Net earnings rose 16% due to a 7% increase in worldwide net sales and a higher gross margin. Management increased its earnings forecast for the current fiscal year by five cents per share."Rising gross margin rates are every retailer's dream. For Tiffany & Co., they jumped to 59.9% in the second quarter from 57.5% in the year-ago period. That was the end result of favorable product costs and price increases taken across all categories and regions. Tiffany & Co. saw a 9% increase in SG&A expenses, but its operating margin still expanded by 190 basis points to 21.0% due to the higher gross margin. Notably, the increase in worldwide net sales showed there wasn't much pushback to the price increases and that demand for the company's products was solid.Total sales in the Americas region rose 9% to $484 million. They were up 14% in Asia-Pacific to $237 million and up 8% in Europe to $120 million. The only weak spot was Japan, which saw sales decline 13% to $119 million, yet it would be remiss not to add that the decline was somewhat expected following a robust 20% increase in the first quarter when customers accelerated their purchases in front of a big jump in Japan's consumption tax on April 1. For the fiscal year ending January 31, 2015, Tiffany & Co. is now forecasting net earnings in the range of $4.20-$4.30 per diluted share versus its previous forecast of $4.15-$4.25 per diluted share. The improved outlook is going to be helped along by an expected high-single-digit increase in worldwide net sales and increasing operating margins due to higher gross margin and SG&A expense growth that is less than sales growth. That updated forecast is akin to putting a white ribbon on its little blue box of pleasant earnings news. Shares of TIF, which are up 9% year-to-date, are indicated nearly 2.0% higher in pre-market trading.7:47 am Brown Shoe Company shares up 1% following beat on earningsFootwear retailer Brown Shoe Company (BWS $31.74 +0.37) is trading higher by 1% pre-market trading following earnings.  The company reported EPS of $0.41 which was ahead of analyst expectations, on revenue growth of 2.3% or $635.9 mln which was roughly in line with estimates.  BWS reported that same store sales rose 1.6%.  Consolidated gross profit of $259.6 million was up 2.0% in the second quarter, while gross margin decreased by 20 basis points to 40.8%.   Inventory at the end of the second quarter was $657.7 million, up 6.8% from $615.9 million in the prior year. Wholesale inventory was up 22.9%, while Famous Footwear inventory was up 2.5%. Finally, the company increased its EPS guidance for the fiscal year 2015 to $1.50-1.60 (in line with estimates) from prior guidance of $1.47-1.57 on revenue of $2.58-2.60 bln which was reaffirmed from prior guidance. BWS also sees Famous Footwear same-store sales up low-single digits and Specialty Retail net sales down mid-single digits.BWS shares are hovering near 52 week highs which sit near the $32.50 level and are up 33% YTD.7:13 am Smith & Wesson Shoots Self in Foot with Q1 Earnings ReportFirearm manufacturer Smith & Wesson (SWHC 13.10) dropped as much as 15% following Tuesday's close after the company reporting some underwhelming fiscal first quarter earnings results and issuing disappointing guidance. Its first quarter profit of $0.26 per diluted share was slightly better than expected, yet that was down 35% from the year-ago period on 14% fewer weighted average diluted shares outstanding. And so it went for Smith & Wesson in the first quarter: net sales decreased 23% to $131.9 mln, its gross margin rate contracted by 530 basis points to 37.3% and its operating margin rate dropped by 860 basis points to 19.5%.The poor year-over-year comparison was attributed to reduced sales volumes, related decreases in fixed-cost absorption, and three fewer production days versus the same period a year ago.Judging by the stock's performance of late, that news did not come as a surprise to investors. Shares of SWHC have plunged 24% since mid-June. Things aren't expected to get much better for the company or its stock in the near term considering Smith & Wesson is lowering its financial outlook for 2015, citing high inventories industry-wide resulting from channel replenishment and typical seasonality that slows consumer buying in its fiscal second quarter.To that end, Smith & Wesson expects second quarter sales to be between $100.0 million and $110.0 million and GAAP EPS from continuing operations to be between $0.04 and $0.08 per diluted share. These projections are well below analysts' expectations. The same can be said for FY15 guidance, which calls for sales to range from $530 million to $540 million and diluted EPS to be between $0.89 and $0.94.Previously, the company said it was expecting FY15 sales to be $585 million to $600 million and diluted EPS to be between $1.30 to $1.40. Related companies include Sturm, Ruger & Co. ( RGR ) and Cabela's ( CAB ).6:48 am Analog Devices Grows Earnings Despite Higher Operating ExpensesAnalog Devices (ADI 52.21), a semiconductor company serving the needs of the industrial, automotive, consumer, and communication end markets, reported fiscal third quarter results that were in-line with expectations.Its gross margin rate improved 90 basis points to 65.4%; however, higher operating expenses led to a 310 basis point drop in its operating margin to 27.8%. Most of the drop was related to a 36% increase in selling, marketing, and G&A expenses. Net earnings were up 2.5% to $180.6 million.The slide in its operating margin rate could put some pressure on the stock in the near term, especially since shares of ADI have risen 7% from their closing level on August 7. The latter possibility aside, ADI saw some solid growth in its core industrial segment, where revenues rose 12% year-over-year to $350.6 mln. This segment accounted for 48% of the company's total revenue of $727.8 mln. Separately, its automotive segment saw an 8% jump in revenue and its communications segment enjoyed a 19% increase in revenue. The consumer segment was the weak spot with revenues falling 19% year-over-year to $80.9 mln, yet that belied a 4% sequential increase.Total analog product revenue rose 8% to $663.4 mln while its digital signal processing revenue improved 10% to $64.3 mln. Revenue growth was seen across all product types within those respective categories. Analog Devices completed the acquisition of Hittite Microwave Corporation near the end of the third quarter. Including the Hittite business, Analog Devices is projecting fourth quarter revenue to be in the range of $790 million to $820 million and non-GAAP diluted EPS to be between $0.66 and $0.70. Both are in-line with expectations. Related competitors include the likes of Texas Instruments (TXN 47.49), NXP Semiconductors (NXPI 64.74), STMicroelectronics (STM 8.40), Maxim Integrated Products (MXIM 30.91), and Linear Technology (LLTC 45.04). Company Earnings Finance gross margin basis points
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Chanel launches loose powder version of Vitalumière foundation
August 26, 2014 11:47 AM
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Available in five shades, the Vitalumière Loose Powder Foundation comes with a dedicated mini kabuki …
chanel This season, for the first time, Chanel is launching a loose powder based on its popular Vitalumière foundation.fake chanel bags The next-generation powder is enriched with canola oil, which is known for its softening properties, and may just replace your liquid foundation. To disguise and smooth out imperfections, the CHANEL Makeup Creation Studio formulated the new powder with polymer and cellulose beads, which fill in the skin's irregularities and ensure a flawless complexion. The brand's illuminating pigment technology is combined with mica powder, which optimizes light reflection, rounding out this formula to ensure a unified, naturally luminous skin tone.chanel handbags Available in five shades, the Vitalumière Loose Powder Foundation comes with a mini kabuki brush adapted to the new texture. The powder is best applied in small circular motions, starting from the middle of the face and working towards the edges.discount chanel The new Chanel Vitalumière Loose Powder Foundation SPF15 is available now in select markets, priced at €65 (around $85).  Cosmetics Chanel
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Tiffany Beats in Q2 as Sales Rise, Raises Earnings Forecast
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tiffany Tiffany & Company ( TIF ) posted impressive second-quarter fiscal 2014 results. The company delivered earnings of 96 cents a share, way ahead of the Zacks Consensus Estimate of 86 cents and higher than the prior-year quarter’s 83 cents. Results benefited from higher sales and improved gross margin.cheap tiffany & co jewelry Tiffany & Co - Earnings Surprise | FindTheBest  cheap tiffany Shares of this jewelry retailer rose roughly 3% on the index in the pre-market trading session.wholesale tiffany jewelry Tiffany posted net sales of $992.9 million during the quarter, up 7% from the prior-year quarter, driven by healthy performance primarily across the Americas and Asia-Pacific regions. Moreover, total revenue came ahead of the Zacks Consensus Estimate of $990 million. In constant currencies, net sales jumped 7%, whereas comparable-store sales (comps) climbed 3%.tiffany jewelry outlet By geographic segments, sales in the Americas grew 9% to $484 million, while comps rose by 8%; sales in the Asia-Pacific region climbed 14% to $237 million whereas comps increased 7%; sales in Japan declined 13% to $119 million and comps fell 15%; and sales in Europe jumped 8% to $120 million but comps dropped 2%. Other region sales surged 28% to $33 million whereas comps grew 2%.tiffany and co outlet In constant currencies, sales in the Americas rose 10%, while comps grew by 8% during the quarter; sales in the Asia-Pacific region grew 13%, whereas comps rose 7%; sales in Japan fell 10%, while comps also decreased by 13%; and sales in Europe inched up 1%, whereas comps fell 8%. Gross profit for the quarter increased 11.8% to $595.2 million, while gross margin expanded 240 basis points to 59.9% due to lower product cost and increase in prices. Operating income jumped 17.9% to $208.5 million, while operating margin increased 190 basis points to 21%. The margin improvement was driven by higher gross margin. Store Update Tiffany opened 1 outlet in the Americas in Aventura, FL during the quarter. The company in fiscal 2014 plans to open 10 stores — four in the Americas, two in Asia-Pacific, two in Japan, and one each in Europe and Russia, and shut down 3 stores—one each in the Americas, Asia-Pacific and the U.A.E. As of Jul 31, 2014, the company operated 293 stores (122 in the Americas, 72 in Asia-Pacific, 55 in Japan, 38 in Europe and 5 in the U.A.E. and 1 in Russia). Other Financial Details Tiffany ended the quarter with cash and cash equivalents and short-term investments of $398.4 million, and total short-term and long-term debt of $1,025.5 million, reflecting 35% of shareholders equity. Capital expenditures of $91 million were incurred in the first-half of fiscal 2014. Management projected capital expenditure of $270 million and expects to generate free cash flow of at least $400 million in fiscal 2014. Tiffany bought back shares worth $9 million in the quarter. In Mar 2014, the company’s board of directors had authorized a share repurchase program of $300 million, which is slated to expire on Mar 2017. As of Jul 31, the company had $284 million at its disposal under share repurchase authorization. Guidance Following healthy results, Tiffany raised its earnings expectations. The company now projects fiscal 2014 earnings between $4.20 and $4.30 per share against $4.15 and $4.25 expected earlier. The current Zacks Consensus Estimate for fiscal 2014 is $4.28 per share, which could witness an upward revision in the coming days. Tiffany now project total net sales growth in a high single-digit percentage for fiscal 2014. Zacks Rank Tiffany currently sports a Zacks Rank #3 (Hold). Better-ranked retail stocks include Citi Trends, Inc. ( CTRN ) and Signet Jewelers Ltd. ( SIG ) sporting a Zacks Rank #1 (Strong Buy), as well as Abercrombie & Fitch Co. ( ANF ) carrying a Zacks Rank #2 (Buy). Read the Full Research Report on ANF Read the Full Research Report on TIF Read the Full Research Report on SIG Read the Full Research Report on CTRN Zacks Investment Research
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What makes the House of Chanel a successful fashion brand
By Maleeha Hamid Siddiqui
Updated Aug 27, 2014 07:26am
‹
›
The creative director of the house of Chanel Karl Lagerfeld with models showcasing his collection.
chanel KARACHI: The pioneer of the little black dress and the strategies behind the House of Chanel were the subjects of an in-depth presentation by Eric Touze at the Alliance Francaise on Tuesday. discount chanel handbags The presentation began with a quiz on the hugely influential French designer comprising some basic questions — what year was her fashion house founded — and some challenging ones — what clothing did Coco Chanel not like for a woman. chanel outlet online While people are aware of Chanel as a brand, however it is important to know the political and cultural context of the time in which Chanel created her unique fashion identity. It was the time of World War One that left a large number of widows and single women to fend for themselves. They entered the workforce and were looking for clothes that were simple and elegant. And it is during this period that Chanel entered and stamped her identity.chanel bag replica high quality Gabrielle Chanel was born in Saumur and had a difficult childhood mired in poverty. Her mother died when she was 12.
Left to fend for herself she became a cabaret singer in Moulins where she acquired the nickname Coco. According to Mr Touze this job allowed her to meet her first beau Etienne Balsan, a businessman and landowner, and through him she became a part of the social elite of the time. A talented woman with a natural inclination for fashion, she with Balsan’s help opened her first shop in 1909 that specialised in making hats. fake chanel bags Apparently, it was the men in Chanel’s life who aided her in achieving her fashion goals as described in the presentation.
Her next man helped open her first boutique that was a huge success. The success of the boutique was also partly because she used wool jersey in creating clothes that hitherto was never done before. An interesting fact highlighted by Mr Touze was that till then wool jersey was used for inner wear and during the World War One a quota was issued for only this fabric cleverly used by Chanel to create her designs.chanel handbags outlet It was a changing world indicated by artistic trends such as dadaism, surrealism, art deco and abstract art. And Chanel consorted with proponents of these movements and trendsetters like Salvdor Dali, Picasso, Jean Cocteau, etc, who incorporated some of her creations into their wardrobe leading to popularity of her designs. Successful business model Other than the men in her life, the Wertheimer family provided the financial capital to sustain her business. The business model of the House of Chanel generated derivative products such as costume and diamond jewellery. Interestingly, it was the perfume Chanel No 5 that was the most profitable venture of the House of Chanel. “Duke Dmitri Pavlovich drew the perfume bottle based on the model of vodka flasks of the imperial guard,” said Mr Touze. Since the 1980s the House of Chanel has under a strategy of internationalisation opened more than forty Chanel boutiques worldwide. It massively used actors and celebs in their ad campaigns including Marilyn Monroe, Claudia Schiffer, Vanessa Paradis, Catherine Deneuve, Winona Ryder, Nicole Kidman and Brad Pitt. Another strategy has been what Mr Touze labelled as the scarcity model in which a new brand of perfume is introduced only after every 10 years. Chanel’s legacy She introduced masculine colours in female wardrobe such as grey and navy blue to denote boldness of character. She revolutionised women’s silhouettes by creating functional clothes. She also introduced holiday wear inspired by sailor stripes. The sizeable audience was shown photographs of Picasso and the sacked French economy minister Arnaud Montebourg wearing the famous striped shirt. This style was later reinvented by the hugely talented Jean Paul Gautlier.Undoubtedly it was the little black dress, commonly known as LBD, that Chanel introduced in 1926 that made her a legend. Moreover, the suit popularised by the likes of Jacqueline Kennedy and opera singer Maria Callas also cemented her reputation as a visionary designer. This suit was later incorporated by Karl Lagerfeld who later on took over the House of Chanel. Tweed a traditionally masculine fabric was also introduced by Chanel into women’s fashion.Chanel’s controversial associations with anti-republican, anti-communist and anti-Semitic figures during World War Two threatened to obliterate her legacy. But after going on trial in 1944 for allegedly being an an agent of the Reich, she fled to Switzerland and staged a comeback with vintage suit, necklaces of black and white pearls, handbags with gold chains and a men’s perfume called Pour Monsieur. The Lagerfeld era After her death in 1971, The House of Chanel was in the doldrums till Karl Lagerfeld took over in 1983. Mr Touze gave a short backgrounder about the designer who informing the attendees that he previously worked for Chloe and Fendi.
“Lagerfeld always played second fiddle to YSL for some reason even though they were contemporaries.” Nevertheless, Lagerfeld appropriated the creative process of Chanel and gave a new lease of life to the House of Chanel. During the 1980s and 1990s, the House of Chanel branched into swimwear, eyewear and travel accessories. The presentation was followed by a documentary on Lagerfeld titled Lagerfeld Confidential. Published in Dawn, August 27th, 2014
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Montblanc Meisterstuck 149 Fountain Pen $134.00





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Montblanc Meisterstuck 149 Fountain Pen$134.00
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