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Jones Apparel Contemplating Retail Sale
AHN
Danielle George - AHN Staff Reporter
Philadelphia, Pennsylvania (AHN) - Jones Apparel Group Inc. which owns the Nine West label and Barneys clothing stores, may sell its Nine West shoes and accessories business.
According to CBS Marketwatch, shares of Jones surged as much as $4.63 to $35.45...
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Jones Apparel weighs sale, going private: source
YAHOO
Reuters - Jones Apparel Group Inc. ,
which owns the Nine West label and Barneys clothing stores, is
exploring strategic options including selling the company to
private equity firms, a source familiar with the situation said
on Tuesday.
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Gap to split sourcing, logistics as exec leaves
YAHOO
Reuters - Apparel retailer Gap Inc. said
on Friday that its chief supply chain officer, Nick Cullen,
will leave the company, effective March 10.
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Liz Claiborne posts lower fourth-quarter results
YAHOO
Reuters - Liz Claiborne Inc on Wednesday
said fourth-quarter profit fell as the apparel maker took a
charge related to accounting for stock options.
Sources: YAHOO
Gap says two VPs leave company
YAHOO
Reuters - Apparel retailer Gap Inc. said
on Friday that two vice presidents had left the company and one
is on leave and planned to return at a later date.
Sources: YAHOO
Limited may open Pink stores
YAHOO
Reuters - Limited Brands Inc. , the owner
of the Limited and Victoria's Secret apparel chains, said on
Thursday it will consider opening freestanding stores for its
Pink line of casual clothing.
Sources: YAHOO
Limited posts higher fourth-quarter profit
YAHOO
Reuters - Limited Brands Inc. on
Wednesday reported higher fourth-quarter earnings as the
apparel retailer benefited from a tax gain and said it appeared
many gift cards would never be used.
Sources: YAHOO
Urban Outfitters to Stay Focused on Youth
YAHOO
AP - Urban Outfitters Inc. refuses to grow old. While other retailers might scramble after the Baby Boomer market, the youth apparel, housewares and accessories retailer expects future growth to come mainly from young shoppers — and it's not going to age with them.
Sources: YAHOO
Liz Claiborne courting designer Vera Wang: report
YAHOO
Reuters - Women's apparel maker Liz Claiborne
Inc is courting high-end designer Vera Wang over a
potential bid for her company, the New York Post reported on
Friday, citing unnamed sources.
Sources: YAHOO
Sources: YAHOO
Retail Group Plans Wal-Mart Law Challenge
YAHOO
AP - A national retail industry trade association filed suit Tuesday challenging a Maryland law designed to pressure Wal-Mart to spend more money on health care for its employees.
Sources: YAHOO
Talbots Agrees to Acquire J. Jill Group
YAHOO
AP - Talbots Inc. said Monday it has agreed to acquire women's apparel retailer J. Jill Group Inc. for about $517 million, trumping an earlier unsolicited offer from Liz Claiborne Inc., which said it's not inclined to sweeten its bid.
Sources: YAHOO
Talbots to Acquire J. Jill Group for $517M
YAHOO
AP - Apparel retailer Talbots Inc. said Monday it agreed to acquire J. Jill Group Inc., a women's clothing retailer, for about $517 million in cash, trumping an earlier offer from Liz Claiborne Inc.
Sources: YAHOO
U.S. Retail Sales Post Gains in January
YAHOO
AP - The nation's retailers reported better-than-expected sales in January, as shoppers armed with holiday gift cards and lured by mild weather returned to stores and malls in search of clearance and spring merchandise. The shopping surge wasn't expected to last, however, as consumers face higher interest rates, a cooling housing market and high energy costs in the months ahead.
Sources: YAHOO
Wal-Mart to Revise Sales Calculations
YAHOO
AP - Wal-Mart Stores Inc., the world's largest retailer, said Thursday that it will use a different method for calculating same-store sales, the most widely watched gauge of a retailer's health.
Sources: YAHOO
Buckle Says Jan. Same-Store Sales Rise
YAHOO
AP - Teen apparel retailer Buckle Inc. on Thursday said sales at its stores open at least a year, known as same-store sales, grew 3 percent in January.
Sources: YAHOO
Merchants Report Solid Sales in January
YAHOO
AP - Consumers, many armed with gift cards, returned to stores and malls in January, buying clearance items and spring apparel and giving many retailers a solid sales boost for the month.
Sources: YAHOO
Gap signs deals for distribution in Asia
YAHOO
Reuters - Apparel retailer Gap Inc.
on Wednesday said it had reached deals to expand its Gap and
Banana Republic brands into two Southeast Asian markets.
Sources: YAHOO
Gap signs deals for distribution in Asia
YAHOO
Reuters - Apparel retailer Gap Inc. on
Wednesday said it had reached deals to expand its Gap and
Banana Republic brands into two Southeast Asian markets.
Sources: YAHOO
Gap introduces clothes for tall and petite women
YAHOO
Reuters - Apparel retailer Gap Inc. ,
which has been looking to bolster flagging sales, said on
Wednesday it introduced a line of clothing for tall and petite
women at its Web site.
Sources: YAHOO
Retailers pin hopes on early spring gift cards
YAHOO
Reuters - After a tepid holiday shopping
season, U.S. retailers are hoping that an earlier launch of
full-price spring apparel will attract shoppers with gift cards
in hand and break the industry's recent reliance on
discounting.
Sources: YAHOO
Holiday clothing sales may prove to be disappointing
YAHOO
Reuters - A dearth of must-have fashions and
stronger demand for electronics may have trimmed holiday
apparel sales, likely disappointing retailers who hoped to cash
in on the traditional year-end bounce, analysts said Tuesday.
Sources: YAHOO
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