×
4 410
Fashion Jobs
HACKETT LONDON (RETAIL)
Keyholder (Full Time) - Hackett Sloane Street
Permanent · LONDON
CLARKS
Commercial Finance Manager â UK&Roi
Permanent ·
CLARKS
Talent Acquisition Advisor
Permanent ·
HARVEY NICHOLS
Security Officer Full Time 40 Hours
Permanent · BRISTOL
ON RUNNING
Brand Representative (German & English Speaking)
Permanent · LONDON
PRIMARK
Product Owner, Integrations Services
Permanent · READING
PRIMARK
Stockroom Retail Assistant
Permanent · WORCESTER
VF INTERNATIONAL
Warehouse Inventory Manager
Permanent · COALVILLE
MAJE UK
Assistant Area Manager - London
Permanent · LONDON
PAUL SMITH
Junior International Sales Executive
Permanent · LONDON
COTY
Account Manager - Fragrance (3 Days)
Permanent · Manchester
ESTÉE LAUDER
Clinique - Consultant - Peter Jones - 37.5 Hours
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - Boots - 28 Hours
Permanent · Bournemouth
ESTÉE LAUDER
Clinique - Account Manager - House of Fraser - 37.5 Hours
Permanent · Manchester
ESTÉE LAUDER
Tom Ford - Business Manager - John Lewis - 37.5 Hours
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - Boots - 13 Hours
Permanent · Croydon
ESTÉE LAUDER
Clinique - Account Manager - House of Fraser - 30 Hours
Permanent · Bristol
ESTÉE LAUDER
Clinique - Consultant - John Lewis - 21.5 Hours
Permanent · Chelmsford
ESTÉE LAUDER
Clinique - Account Manager - Boots - 22.5 Hours
Permanent · Basildon
ESTÉE LAUDER
Clinique - Account Manager - House of Fraser - 37.5 Hours
Permanent · Rushden
ESTÉE LAUDER
Corporate Account Manager - Travel Retail Ema (Based London)
Permanent · London
TK MAXX
Loss Prevention Officer - Glasgow Argyle Street - Permanent - Full-Time
Permanent · Glasgow
By
Reuters
Published
Jun 18, 2012
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Apparel retailer Body Central plunges on outlook cut

By
Reuters
Published
Jun 18, 2012

Women's apparel retailer Body Central Corp cut its second-quarter outlook, as the company resorted to heavy discounting to clear out piled-up inventory, sending its shares crashing nearly 40 percent.


Photo: Body Central


The mall-based retailer, which sells mostly to women in their late teens to early 20s, has been struggling to drive sales as it loses ground to rivals such as Forever 21, Charlotte Russe and Wet Seal Inc.

The company had warned of weak sales trends last month when it forecast bleak results for the quarter, sparking a sell-off that wiped out nearly half of its market value.

"Our second-quarter comparable sales remain soft and have not improved since April. We continue to diligently manage inventory and to take aggressive markdowns on slow moving items," CEO Allen Weinstein said in a statement on Monday.

Body Central cut its second-quarter earnings forecast to 19 to 21 cents per share from 26 to 28 cents per share.

The company now expects second-quarter net revenue of $77 million to $79 million. It previously expected $80 million to $82 million. Body Central expects same-store sales, or those at stores open at least a year, to fall 7 to 9 percent.

Shares of Body Central plunged to $9.68, their lowest ever level, in early trading on Monday on the Nasdaq.

© Thomson Reuters 2023 All rights reserved.