Thrillist is spinning off its e-commerce website JackThreads. Thrillist Media Group CEO Ben Lerer, discusses the focus of the company on this business.» Read More
Sept 29- Apparel retailer Aeropostale Inc said the New York Stock Exchange has warned that the average price of its shares had fallen below $1 for 30 trading days and it was considering a reverse stock split to return to compliance.
Sept 29- Luxury apparel retailer Ralph Lauren Corp said founder Ralph Lauren will step down as chief executive and it named Stefan Larsson, the global president of Gap Inc's Old Navy brand, as his replacement, effective November.
Sam Poser, Sterne Agee analyst, discusses building Nike's brand, and weighs in on competition and growth prospects in China.
Terry Ho, CFO of Xtep, says the mainland's sportswear sector is showing signs of recovery after a consolidation and as accumulated inventory at the retail end were cleared.
You can tell where a Wall Street guy is in his career just by looking at his shoes. $650 Ferragamos? That kid's a first year.
Esprit swung to a loss for the year ended June, hurt by a slowdown in China and a weaker euro. CNBC speaks to the clothing retailer's CEO Jose Manuel Martinez Gutierrez about the results.
James Minor, managing director at sunglasses retailer ToyShades, discusses the challenges he’s faced in entering the Iranian market.
Philip Green, chairman of Arcadia Group, speaks to CNBC at London Fashion Week about recent expansion into the U.S. retail scene.
Discretion is paying off for India's largest online lingerie retailer Zivame with higher sales and $40 million in funding from investors.
The NBA's Most Valuable player Stephen Curry will play out the rest of his career as an Under Armour athlete after extending contract.
U.S. Apparel retailers are preparing for the newest European threat as Ireland-based Primark opens its first U.S. store in Boston's Downtown Crossing District in the former Filene’s location. Primark sells low-priced, fast-fashion apparel aimed at 35-year-olds and younger with new deliveries every day. CNBC's Courtney Reagan takes a look at what U.S. retail has to contend with.
Sept 10- Apparel retailer Cherokee Global Brands said Target Corp elected not to renew the license of the Cherokee brand in the United States, sending the company's shares tumbling 33 percent in extended trading. Cherokee earned $15.0 million in royalty revenue from Target for the Cherokee brand, excluding Canada sales and school uniforms category sales, in...
Dorothy Lakner, senior retail analyst & managing director at Topeka Capital Markets, explains why the fitness-clothing retailer is an attractive bet.
Blue jeans, Baby!
The departure of maverick founder Takao Yasuda has unnerved investors in Japanese retailer Don Quijote, the Financial Times reports.
Aug 27- Teen apparel retailer Aeropostale Inc reported a loss for the 11th straight quarter as it discounted heavily to clear older inventory and closed many unprofitable stores. Aeropostale, like some other teen apparel retailers, has been losing customers to "fast-fashion" chains such as H&M, Forever 21 and Inditex's Zara and sportswear makers such as Nike...
Aug 27- Teen apparel retailer Aeropostale Inc reported a loss for the 11th straight quarter as it discounted heavily to attract shoppers and took charges related to the closure of its unprofitable stores. Aeropostale's net loss narrowed to $43.7 million, or 55 cents per share, in the quarter ended Aug. 1 from $63.8 million, or 81 cents per share, a year earlier.
Gap to end on-call scheduling by September.
The recent stock market rout and currency devaluation have dealt a blow to China's luxury market, the New York Times reports.
Aug 26- Apparel retailer Gap Inc said it would end on-call shifts at all of its stores and improve scheduling policies to provide employees with at least 10-14 days' notice. The decision follows an inquiry by New York State attorney general Eric Schneiderman's office into the legality of on-call shifts at 13 retailers, including Gap, Target Corp, JC Penney Co Inc,...