×
1 222
Fashion Jobs
ALEXANDER MCQUEEN
Collection Coordinator Assistant
Permanent · LONDON
ESTÉE LAUDER
Clinique - Consultant - Boots, Oxford - 24 Hours - Part Time, Permanent
Permanent · Oxford
ESTÉE LAUDER
Clinique - Consultant - Boots, Sedley Place London - 37.5 Hours - Full Time, Permanent
Permanent · London
PAUL SMITH
Office Administrator
Permanent · NOTTINGHAM
FRASERS GROUP
Trainee Commercial Manager
Permanent · SHIREBROOK
FOREO
Key Account Manager
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - John Lewis Edinburgh - 26 Hours - Part Time, Permanent
Permanent · Edinburgh
BEARA BEARA
Marketing Executive (Taiwanese)
Permanent · LONDON
BRANDLAB 360 - HULA
Hula by Barbara Hulanicki – Wholesale Sales Manager
Permanent · LONDON
HOMEGOODS
Loss Prevention Detective
Permanent · Countryside
TK MAXX
10933-Loss Prevention Officer Sth Ruislip
Permanent · Ruislip
TK MAXX
10933-Loss Prevention Officer Haringey
Permanent · London
ESTÉE LAUDER
Aveda Haircare Category & Marketing Planning Manager
Permanent · London
ESTÉE LAUDER
Mac - Area Sales And Education Manager - London - Maternity Cover
Permanent · London
RALPH LAUREN
Operations Manager - Gretna
Permanent · Gretna
LUXURY RECRUIT
Head of Digital - Luxury
Permanent · LONDON
LUXURY RECRUIT
Brand Director - Luxury
Permanent · LONDON
LEVI'S
Mobile App Trading & Operations Manager
Permanent · London
BLACK PR
Sales Account Manager
Permanent · LONDON BOROUGH OF HACKNEY
ESTÉE LAUDER
Clinique - Consultant - Boots, Inverness - 18 Hours - Part Time, Permanent
Permanent · Inverness
RELY RECRUITMENT
Head of Finance / Finance Manager
Permanent · LONDON
LEVI'S
Performance Marketing Manager
Permanent · London
Published
Dec 21, 2018
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Global Brands Group revenue dips 4.1%

Published
Dec 21, 2018

After strengthening its balance sheet and simplifying its organizational structure to focus on its core businesses, Global Brands Group Holding Ltd saw revenue dip 4.1 percent in the first half of fiscal 2019.  

Global Brands Group revenue dips 4.1%. - Facebook: Bebe

 
Revenue hit $699 million during the six months ended September 30, compared to $729 million in 2017. Total net loss for the period was $284 million. 
 
During the period, the group completed the sale of select North American businesses. It agreed to sell the Target Business and received a cash amount of $1.2 billion, being the Estimated Purchase Price of the Transaction. 

“This gives us the ability to strengthen our balance sheet, and, through the distribution of a special dividend, give value to our shareholders,” William Fung, chairman of Global Brands, said of the transaction. 
 
In line with plans to strengthen its balance sheet, the group, which owns brands like Sean John, Juicy and Bebe, equally divested its Kids business in China, during the period. The unprofitable business sold for $20 million.
 
“Global Brands is entering a new chapter as a more nimble organization with a flatter management structure and a deeper focus on Fashion and Footwear licensing, as well as our Brand Management business, the largest of its kind in the world,” added Fung. 
 
Earlier this week, the group named Ronald Ventricelli as its new global chief operating officer and president of North America, a newly created role at the company. 

Copyright © 2022 FashionNetwork.com All rights reserved.