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Urban Outfitters 2Q profit falls 16 pct.
YAHOO
AP - Apparel and accessories retailer Urban Outfitters Inc., operator of the Anthropologie, Free People and Urban Outfitters brands, said Thursday that second-quarter earnings fell 16 percent due to higher fixed store occupancy costs related to lower same-store sales and additional markdowns.
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AnnTaylor same-store sales up
YAHOO
Reuters - AnnTaylor Stores Corp. said on
Thursday its sales at stores open at least a year rose 5.1
percent in July as more customers paid full price for the
company's business and casual apparel, though the figure was
lower than analysts had forecast.
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Hampshire CEO, others put on leave pending probe
YAHOO
Reuters - Apparel designer Hampshire Group Ltd.
has placed its top executives on leave pending an
investigation into possible misappropriation of assets for
personal benefit and accounting deficiencies, the company said
on Thursday.
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Christopher & Banks names Dillon as CEO
YAHOO
Reuters - Women's apparel retailer Christopher &
Banks Corp. said on Wednesday it promoted Matthew
Dillon, its chief merchandising officer, to chief executive
officer, effective March 1.
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Gap to consider selling designer-label clothes
YAHOO
Reuters - Clothing retailer Gap Inc.
will consider selling designer or co-branded apparel at its
stores, a break from its current practice of carrying only
Gap-labeled merchandise, a company executive said on Tuesday.
Sources: YAHOO
Retailers post better-than-expected sales
YAHOO
AP - Consumers apparently shook off their worries about higher gas prices during May, shopping with enthusiasm at apparel stores and malls and giving many retailers better-than-expected results. A big exception was Wal-Mart Stores Inc., whose low-income consumers are feeling the biggest financial squeeze from $3-a-gallon gas.
Sources: YAHOO
Retail sales rise amid cloudy outlook
YAHOO
Reuters - A slew of apparel and consumer goods
retailers on Thursday posted same-store sales that beat analyst
forecasts, but there were troubling signs that higher consumer
prices and inflation could crimp future growth.
Sources: YAHOO
Apparel Factories Resume Production In Bangladesh
AHN
Readymade garment and knitwear factories resumed productions in Bangladesh on Thursday amid tight security after remaining shut for three days of agitations by the workers demanding implementation of their 11-point demand....
Sources: AHN
Sources: AHN
Sources: YAHOO
Sources: AHN
US, Jones Apparel settle sexual harassment charges
YAHOO
Reuters - Nine West and its parent, Jones
Apparel Group , will pay an undetermined number of women
a total of $600,000 to settle sexual harassment and
discrimination charges, the government said on Monday.
Sources: YAHOO
Jones Apparel eyed by private equity firms: report
YAHOO
Reuters - Shares of Jones Apparel Group Inc.
rose 4.8 percent on Friday after a media report said
private equity firms Bain Capital, Texas Pacific Group and The
Blackstone Group are the lead bidders for the shoe and apparel
maker.
Sources: YAHOO
Sources: YAHOO
New York & Co. posts lower first-quarter profit
YAHOO
Reuters - New York & Co Inc. , the
women's apparel chain, posted lower first-quarter profit on
Thursday after a price-cut plan failed to boost sales, and
forecast second-quarter profit below estimates.
Sources: YAHOO
Men's Wearhouse posts higher quarterly results
YAHOO
Reuters - Men's Wearhouse Inc. on
Wednesday posted a 27 percent rise in first-quarter net income,
as the men's apparel retailer saw strong spending on tuxedo
rentals.
Sources: YAHOO
Charming Shoppes Posts Profit
YAHOO
AP - Charming Shoppes Inc.'s profit rose in the latest quarter, but its stock fell after the women's apparel retailer left its 2007 forecast unchanged and reported a slowdown in traffic at its Fashion Bug stores.
Sources: YAHOO
American Eagle first-quarter profit jumps
YAHOO
Reuters - Teen apparel retailer American Eagle
Outfitters Inc. said on Tuesday its first-quarter
profit rose 16 percent, helped by strong demand for spring
fashions, and that earnings in the current quarter should top
Wall Street's expectations.
Sources: YAHOO
J. Jill Holders OK Talbots Acquisition
YAHOO
AP - Shareholders of J. Jill Group Inc. on Monday approved the company's $517 million acquisition by Talbots Inc., a fellow Massachusetts-based apparel retailer.
Sources: YAHOO
Apparel companies return to roots for sales boost
YAHOO
Reuters - Retailers are looking to their past to
improve their future.
Sources: YAHOO
Adidas Signs Long Term Deal With NBA
AHN
Joanna Wypior - AHN Staff Reporter
Frankfurt, Germany (AHN) Athletic apparel giant Adidas has signed an 11-year deal with the National Basketball Association, making the German company the official uniform provider for the league.
According to the NBAs official Web site, the new...
Sources: AHN
Citi Trends Stock Rises on March Sales
YAHOO
AP - Shares of Citi Trends Inc. leaped Thursday, a day after the urban apparel and accessories retailer posted same-store sales well above its expectations.
Sources: YAHOO
Chico's March same-store sales rise 8.4 pct
YAHOO
Reuters - Women's apparel retailer Chico's FAS
Inc. said on Thursday its sales at stores open at least
one year rose 8.4 percent in March.
Sources: YAHOO
Talbots to Open 46 New J. Jill Stores
YAHOO
AP - Talbots Inc., which agreed to acquire women's apparel retailer J. Jill Group Inc. in February, said it plans to open 46 new J. Jill stores this year.
Sources: YAHOO
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