What could be better than a Victoria's Secret model wearing a jewel-encrusted bra? Mouawad has the answer: Two.» Read More
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,...
Aug 26- Teen apparel retailer Abercrombie& Fitch Co reported a surprise adjusted quarterly profit, helped by demand for Hollister and Abercrombie Kids brands. Net loss attributable to the company was $810,000, or 1 cent per share, in the second quarter ended Aug. 1, compared with a net profit of $12.9 million, or 17 cents per share, a year earlier.
Aug 26- Teen apparel retailer Abercrombie& Fitch Co reported better-than-expected quarterly sales, helped by demand for Hollister and Abercrombie Kids brands. Net loss attributable to the company was $810 million, or 1 cent per share, in the second quarter ended August 1, compared with a net profit of $12.9 million, or 17 cents per share, a year earlier.
This ensemble is on track to be named the most controversial Halloween costume of 2015.
CNBC's Courtney Reagan takes a look at whether the turnaround plan at Gap is working.
This small business uses the newest knitting tech to crank out its apparel.
Aug 19- Teen apparel retailer American Eagle Outfitters Inc said it expected third-quarter comparable store sales growth to be sharply lower than the big jump it reported in the second quarter, sending its shares down as much as 10.5 percent. The same-store sales forecast implies a down tick to the recent improvement in comps, ITG Investment Research analyst...
Aug 19- Teen apparel retailer American Eagle Outfitters Inc reported its strongest comparable sales growth in 13 quarters, helped by a wider range of trendy merchandise and fewer discounts. American Eagle, unlike rivals Aeropostale Inc and Abercrombie& Fitch Co, has managed to win back shoppers by improving its merchandise to reflect trends such as festival-...