1 471
Fashion Jobs
ADIDAS
Senior Manager Talent Partnering
Permanent · DUBAI
A & F
Abercrombie & Fitch CO. - Full-Time Brand Representative, Dubai (Emirati National)
Permanent · DUBAI
COTY
Regional Key Account Manager cb
Permanent · DUBAI
WHITE STUFF
Merchandise Planner - Fashion
Permanent · DUBAI
WHITE STUFF
Manager - Finance
Permanent · DUBAI
TIFFANY & CO
Accounts Payable Lead Mea
Permanent · ABU DHABI
HUDA BEAUTY
Commercial Manager - India
Permanent · DUBAI
WHITE STUFF
Information Security Grc Manager
Permanent · DUBAI
WHITE STUFF
Internal Audit Manager
Permanent · DUBAI
TALENT PAL
Information Security & Operations Senior Project Manager Chalhoub Group
Permanent · DUBAI
TALENT PAL
Retail Sales Executive Malabar Group
Permanent ·
CHALHOUB GROUP
Senior Project Manager 3d
Permanent · DUBAI
CHALHOUB GROUP
Associate Sustainability (Emiratisation)
Permanent · DUBAI
HUDA BEAUTY
Senior PR & Influencer Marketing Manager
Permanent · DUBAI
A & F
Abercrombie & Fitch CO. - Full-Time Brand Representative, Abu Dhabi (Emirati National)
Permanent · ABU DHABI
COTY
Area Sales Manager
Permanent · DUBAI
WHITE STUFF
Director of Erp Change Management
Permanent · DUBAI
TIFFANY & CO
Visual Merchandising Specialist - Uae
Permanent · ABU DHABI
CHRISTIAN DIOR COUTURE
CRM Manager - Mall of The Emirates - Dubai
Permanent · DUBAI
CHRISTIAN DIOR COUTURE
CRM Manager - Arabic Speaker - Abu Dhabi
Permanent · ABU DHABI
CHRISTIAN DIOR COUTURE
Event Manager
Permanent · DUBAI
CHRISTIAN DIOR COUTURE
Event Manager
Permanent · DUBAI
By
Reuters
Published
Mar 30, 2009
Download
Download the article
Print
Text size

Oxford Industries posts Q4 loss on charges, slashes div

By
Reuters
Published
Mar 30, 2009

March 30 (Reuters) - Oxford Industries Inc (OXM.N) posted a fourth-quarter loss, hurt by charges, and the apparel maker declined to give 2009 outlook and halved its dividend to boost liquidity.


Tommy Bahama Swimwear 2009

"Our plans for the future incorporate a prudent and cautious view of fiscal 2009," Chief Executive Hicks Lanier said in a statement.

For the fourth quarter ended Jan. 31, the company posted a loss of $281.6 million, or $18.17 a share, compared with a profit of $5.9 million, or 36 cents a share, a year earlier.

Excluding non-cash impairment charges and other items, the company earned 6 cents a share.

The company declined to provide 2009 outlook, citing lack of visibility due to the uncertain economic environment, and halved its quarterly cash dividend to 9 cents a share.

The company, whose brands include Tommy Bahama, Ben Sherman, Ely & Walker, Oxford Golf and Arnold Brant, expects selling, general and administrative expenses to be $40 million lower in fiscal 2009, helped by its cost-cutting measures.

It also sees capital expenditures of $10 million to $12 million for fiscal 2009, compared with $20.7 million last year.

Shares of the Atlanta-based company closed at $6.46 Monday on the New York Stock Exchange.

For related alerts, please double click (Reporting by Renju Jose in Bangalore; Editing by Deepak Kannan)

© Thomson Reuters 2024 All rights reserved.