earnings report

Hennes & Mauritz Q1 profit declines hurt by strong dollar

Hennes & Mauritz's quarterly sales including VAT rose by 9% in domestic currencies. The company's quarterly profit declined 30% as dollar increased over local currencies.

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Esprit reports loss for 2012 but expects to rebound in 2013

Apparel retailer Esprit Holdings attributed the loss in 2012 to a sluggish European market and increased competition from other brand names such as Zara and Hennes & Mauritz.

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Walmart extends healthcare package to partners of LGBT employees

In a surprising but laudable move, multinational retail company Walmart released changes on its 2014 healthcare package, including a provision for LGBT employees to elect domestic spouses in health insurance.

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Activision Blizzard's Skylander outsold US,Europe action figures

Skylanders action figures sales surpass all action-figure sales in the US and Europe, according to Activision Publishing.

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