March 14- Women's apparel retailer Ann Inc's quarterly profit topped analysts' estimates again as shoppers snapped up the trendy merchandise sold at its Loft chain, sending its shares up more than 7 percent.» Read More
March 13- Teen apparel retailer Aeropostale Inc reported its fifth straight quarterly loss, hurt by a 15 percent fall in same-store sales, and said it entered into a deal with private equity firm Sycamore Partners for a 5 percent stake.
*Sees 1st- quarter earnings $0.12- $0.18/ shr vs est $0.41/ shr. March 12- Express Inc forecast profit to slide by more than half in the current quarter, making it the latest U.S. apparel retailer to warn of an ongoing impact from deep discounts and declines in store traffic.
In the past two days, U.S. apparel retailers, American Eagle Outfitters and Urban Outfitters Inc have warned that results in the current quarter would be hurt by stiff competition and choppy sales trends at malls.
Men's Wearhouse announced on Tuesday it has agreed to acquire Jos. A. Bank in an all-cash deal valued at $1.8 billion.
*Says expects 1st- qtr earnings/share $0.00 vs est $0.13. March 11- Teen apparel retailer American Eagle Outfitters Inc forecast current-quarter earnings below analysts' estimates as it struggles to attract shoppers amid intense competition from "fast fashion" chains.
*Says expects 1st- quarter earnings/share $0.00 vs est $0.13. March 11- Teen apparel retailer American Eagle Outfitters Inc forecast earnings for the current quarter that fell short of analysts' expectations, saying a severe winter had hurt demand.
March 11- Teen apparel retailer American Eagle Outfitters Inc forecast earnings for the current quarter that fell short of analysts' expectations, saying a severe winter had hurt demand. The company's shares fell 6 percent to $13.35 in premarket trading. Analysts on average were expecting a profit of 13 cents per share, according to Thomson Reuters I/B/E/S.
March 10- Teen apparel retailer Urban Outfitters Inc reported lower-than-expected quarterly sales, citing severe winter weather in the United States, and said it was "very cautious" on its current-quarter performance.
Fast Retailing is expanding globally, targeting the U.S. and China and potentially acquiring J.Crew, but is the Uniqlo brand owner moving too quickly?
"You feel a sense of momentum in the company right now," says Steve Sadove former Saks CEO and current JC Penney board member, providing insight into JC Penney's turnaround plan. Sadove also weighs in on the deal between Men's Wearhouse and Jos. A. Bank.
Men's Wearhouse said it had entered into a non-disclosure agreement with Jos. A. Bank and received a draft merger agreement.
SHANGHAI, March 1- When Gap Inc began an online campaign ahead of the launch its Old Navy label in China, the iconic U.S. clothes retailer posed an important question to its potential Chinese consumers: have you heard of Old Navy?
CNBC's Jim Cramer discusses retail and explains why there is such optimism in the sector.
A. Bank, Men's Wearhouse shares up in after-market trading. Feb 27- Men's apparel retailer Jos. A. Bank Clothiers Inc rejected Men's Wearhouse Inc's revised takeover offer calling it inadequate, but said it was willing to talk with its larger rival about a higher bid.
Feb 27- Men's apparel retailer Jos. A. Bank Clothiers Inc rejected Men's Wearhouse Inc's revised takeover offer, calling it inadequate, but said it was willing to talk with its larger rival about a higher bid. Men's Wearhouse on Monday raised its cash tender offer to Jos.
Clothier Jos. A. Bank rejected the latest acquisition proposal from The Men's Wearhouse but asked to discuss a higher price that could seal a deal.
Gap is reporting a drop in fourth-quarter profit on a 3 percent decline in revenue as the clothing retailer was forced to discount heavily.
JC Penney reported a quarterly loss that was smaller than expected on Wednesday, but revenue trailed analysts' expectations.
*Fourth-qtr adjusted profit $1.34/ share vs est. Feb 26- Teen apparel retailer Abercrombie& Fitch Co said it would lower prices to deal with intense competition, after discounts in the holiday season helped quarterly revenue fall less than expected.
*Forecasts 2014 earnings of $2.15- $2.35/ share vs est. *Fourth-qtr adjusted profit $1.34/ share vs est. Feb 26- Teen apparel retailer Abercrombie& Fitch Co said it would reduce prices this year to deal with intense competition, after the company reported higher-than-expected quarterly revenue mainly due to discounting.