Onward said that while consumers are still saving, the expectation of economic recovery has led to a more positive and stable mindset. This, the company said, has led to increased sales both in Japan and abroad, particularly in European markets.
Onward left unchanged its guidance for the twelve months ending February 28, 2014. It expects net profit to grow 11 percent to 5 billion yen, or $50.05 million at current exchange rates. The retailer is predicting operating profit will increase 15.3 percent to 12.9 billion yen, or $129.13 million. It is expecting sales growth of 5.7 percent to 273 billion yen, or $2.73 billion.
Madonna turns 59 today, marking another year of show-stopping, one-of-a-kind bold looks from the singer. To celebrate, we took a look at the superstar's most memorable fashion moments. Here, Madonna sits front row at Versace's spring runway show in 1995. See more exclusive photos from the #wwdarchive on WWD.com. #wwdeye (📷: Cédric Dordevic)
WWD asked a handful of creative directors to evaluate the September covers of leading women's fashion magazines. How do they think the covers this year compare with years gone by, and what do they say about the current status of the publication? Link in bio. (GIF by @hypebreast)
"Stephen King is such a master, but I don't like being scared - there's enough that's really scary. How about the morning's news?" says Holland Taylor in an interview with WWD. See what else the actress said about starring in the TV adaptation of King's thriller "Mr. Mercedes" on WWD.com. #wwdeye (📷: @jgreenery)