Apparel Retail
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NEW YORK-- Shares of Abercrombie& Fitch Co. rose Wednesday on optimism about its international expansion plans and focus on boosting profitability. THE SPARK: The teen clothing retailer said in its annual report filed late Tuesday that it plans to open Abercrombie& Fitch flagship locations in Seoul and Shanghai and about 20 international Hollister stores.
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NEW YORK-- Shares of Abercrombie& Fitch Co. rose Wednesday on optimism about its international expansion plans and focus on boosting profitability. THE SPARK: The teen clothing retailer said in its annual report filed late Tuesday that it plans to open Abercrombie& Fitch flagship locations in Seoul and Shanghai and about 20 international Hollister stores.
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There needs to be more transparency in the way companies value the compensation of their chief executives, said former Playboy chief Christie Hefner, now at the Center for American Progress.
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Lionel Messi is the best soccer player in the world but he's virtually unknown in the United States. However, Adidas believes Messi is such a transcendent star, it just launched a global retail brand of shoes and apparel that are all about him.
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Abnormally cold weather curbs consumer demand for spring goods and apparel, but some companies, including drug chains and dollar stores, are benefiting from the spring’s delay.
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Wal-Mart is saying the talk of having customers deliver products to online shoppers is "just an idea," reports CNBC's Courtney Reagan.
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PVH Corp. CEO Manny Chirico, offers insight on his company's acquisition of Warnaco, and also on international growth. "Jeans is a category that goes in cycles, and I think we're buying Warnaco at just the right time," he says.
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CNBC's Courtney Reagan reports JC Penney is changing its pricing strategy; and the "Street Signs" crew discusses.
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JC Penney is embracing a new sales tactic, and Google has selected 8,000 people to test its glasses, making them pay $1,500 and fly to New York, Los Angeles, or San Francisco to get their hands on them. CNBC's Cindy Perman and Bob Pisani discuss.
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WELLINGTON, March 27- New Zealand clothing retailer Hallenstein Glasson Ltd on Wednesday reported a 15 percent rise in first-half profit on the back of improving sales in the country. Net profit for the six months to Feb.1 rose to NZ $10.37 million as sales increased 6.6 percent. Hallenstein shares closed at NZ $5.52 on Tuesday.
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Technical analyst Enis Taner likes the charts for a well-known clothing retailer, but fundamental analyst Jeff Tomasulo isn’t convinced. (2:21)
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Gap opened five new Athleta locations in Q4, and its products are lower than Lululemon, reports CNBC's Courtney Reagan.
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March 26- Aeropostale Inc lost its bid to dismiss a lawsuit accusing the teen clothing retailer of defrauding shareholders in 2011 by hiding problems with excess inventory and slow sales that ultimately weighed on its earnings and stock price.
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March 26- Aeropostale Inc lost its bid to dismiss a lawsuit accusing the teen clothing retailer of defrauding shareholders in 2011 by hiding problems with excess inventory and slow sales that ultimately weighed on its earnings and stock price.
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Just browsing? That'll cost you at some retailers. These fees are the latest company tactic in the fights against counterfeiting and "showrooming."
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HONG KONG, March 26- Hong Kong shares were set to start weaker on Tuesday, dragged down by a 2.2 percent slide for Belle International after China's top footwear retailer by market value posted its slowest profit growth since 2008.. The Hang Seng Index was set to open down 0.2 percent at 22,208.1.
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HONG KONG, March 26- Hong Kong shares were set to start weaker on Tuesday, dragged down by a 2.2 percent slide for Belle International after China's top footwear retailer by market value posted its slowest profit growth since 2008.. The Hang Seng Index was set to open down 0.2 percent at 22,208.1.
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The stock is trading sharply higher after reporting a third quarter earnings beat, reports CNBC's Brian Shactman.
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Nike beat on earnings Thursday and said future demand for its apparel and shoes rose. Shares rose after-hours.
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Jyrki Tervonen, CFO at H&M, tells CNBC why the company's results are reasonable given the current macroeconomic climate.
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The yoga-wear retailer saw a 48 percent rise in Q4 profits but warns a recall could reduce first quarter earnings, reports CNBC's Jackie DeAngelis. And, Liz Dunn, Macquarie Research analyst, discusses the outlook on the company and why she maintains a "neutral" rating on the stock.