President Trump is making it clear to retailers they may have to ramp up manufacturing in the U.S. With U.S. apparel production only accounting for 2.7% of the U.S. market, is it a possibility? CNBC's Courtney Reagan is at a apparel manufacturing facility in Massachusetts with the latest.
Feb 21- Buyout firm Sycamore Partners has won the auction for the e-commerce business and intellectual property of bankrupt U.S. women's apparel retailer The Limited with a bid of $26.8 million, people familiar with the matter said on Tuesday. Sycamore Partners outbid clothing firm Sunrise Brands LLC in the auction, the people said, asking not to be identified...
*Q4 adj profit $2.02/ shr vs est $1.96/ shr. Macy's is in the midst of a turnaround engineered by Chairman and Chief Executive Terry Lundgren, closing underperforming stores and separating its real estate assets from its retail business to better monetize its physical stores. The company said on Tuesday it sold its men's clothing store in San Francisco's Union...
Kraft Heinz, Unilever, Deere, and VF stocks are making headlines on Wall Street to wrap up the trading week.
The luxury handbag maker says it's exploring strategic alternatives and plans to move in a 'timely' manner.
Susquehanna says Step Curry's negative response to CEO's Trump remarks will hurt UA's ability to build a 'cool' brand.
Under Armour shares are down 27 percent this year.
Payless may consider filing for bankruptcy if it is unable to reach a deal with creditors, Bloomberg reports.
Retailers including Nordstrom, Zappos, and Amazon see declining online sales for Ivanka Trump brand merchandise.
Harmit Singh, Levi Strauss & Co. CFO, discusses the privately held company's quarterly earnings and what the blue jeans brand sees for growth going forward.
The comedian talks to CNBC's "Squawk Box" about entrepreneurship, golf and his new clothing line.
Employees were told not to display Ivanka Trump merchandise separately and to throw away Ivanka Trump signs, The New York Times reports
Kevin Plank shares his views on Under Armour's strategy and President Donald Trump in an interview with CNBC's Scott Wapner.
CEO Kevin Plank tells CNBC not to count out the sportswear company yet.
Apparel and accessories maker Michael Kors reported a bigger-than-expected drop in comparable sales, citing disappointing sales in North America and Europe.
GM, Fox, and Gap stocks are making headlines this Tuesday morning on Wall Street.
Shares of underwear maker Hanesbrands sunk following an underwhelming earnings report and weak guidance for 2017.
There's no way out of slowing in-store retail sales, but Macy's still holds valuable properties, Cowen analyst Oliver Chen told CNBC's "Power Lunch."
Feb 2- Wet Seal LLC filed for bankruptcy protection on Thursday, following reports last week that the struggling teen apparel retailer had closed all its stores after it was unable to find a buyer. The Irving, California- based company listed assets of $10 million- $50 million and liabilities of $50 million- $100 million in a filing with the U.S. bankruptcy court in...
Feb 1- Abercrombie& Fitch Co, which is struggling with a relentless decline in sales, said Fran Horowitz, its merchandising head, had been promoted to chief executive of the teen apparel retailer. Horowitz replaces Michael Jeffries, who stepped down in 2014 after over two decades at the helm. The company suspended its search for a new head in 2015, while a team led by...