*Deal gives Steinhoff exposure to African clothing market. JOHANNESBURG, Nov 25- South Africa's Steinhoff International will buy clothing retailer Pepkor in a $5.7 billion deal that gives the budget furniture firm exposure to Africa's fast-growing apparel market and strengthens its business in eastern Europe. The 62.8 billion rand cash and share deal will...» Read More
Nov 18- Apparel retailer Perry Ellis International Inc's shareholders, Legion Partners LLC and the California State Teachers' Retirement System, have urged the company to explore strategic alternatives. Legion Partners said it released the letter, sent on Oct. 16, as the Perry Ellis board refused to form a special committee. Doral, Florida- based Perry Ellis...
Corinna Freedman, BB&T senior analyst, explains why she has a buy rating on Under Armour versus a hold rating on Nike.
Nov 18- Apparel retailer Perry Ellis international Inc's shareholders, Legion Partners LLC and the California State Teachers' Retirement System, have asked the company to explore strategic alternatives.
Architect-turned-designer Francis Bitonti wants to find out what happens when cutting-edge technology meets fashion.
Kohl's third quarter earnings and revenue fell short of analyst expectations on Thursday.
Shoppers beware: The massive discounts and promotions after Thanksgiving and Christmas may soon be history, according to a retail report.
J.C. Penney's third-quarter sales fell shy of analyst estimates on Wednesday.
Same-store sales, a key metric in the retail business, fell 1.4 percent. Analysts polled by Consensus Metrix had forecast same-store sales would rise.
A Florida Dillards faced backlash after placing an inapporpriate holiday decoration sign in its children's department.
A "Made in the USA" label is desirable in global markets, and start-up Maker's Row is helping more entrepreneurs find domestic manufacturing options.
Discussing retail sales expectations ahead of the holiday season, with CNBC retail analyst Stacey Widlitz.
Nov 7- Abercrombie& Fitch Co estimated quarterly profit and sales below analysts' expectations as fewer visitors to malls hurt traffic to its stores, at a time the company is struggling to shed its image of being a logo-centric apparel retailer. Shares of the company, which sells teen apparel under brands such as Abercrombie& Fitch and Hollister, fell as much as...
BUDAPEST/ WARSAW, Nov 5- The global financial crisis hit hard in central and eastern Europe, but one industry has thrived: second-hand clothing stores. Second-hand clothes retailers in Hungary, Poland, Bulgaria and Croatia have grown rapidly and, as the pace of income convergence between the West and Eastern Europe slows, they are investing millions of euros to...
Michael Kors forecast sales and profit for the holiday season largely below analysts' estimates, sending its shares lower in premarket trading.
The music inside stores can have an impact on how long we stay in a store and how much we buy. "The Sonic Boom" author Joel Beckerman explains.
LONDON, Oct 29- Britain's No.2 clothing retailer Next Plc cut its profit guidance after an unusually warm autumn left its coats, scarves and jumpers stuck on shop shelves, sending an ominous sign to rivals ahead of the Christmas season. Shares in Next fell as much as 4.4 percent, dragging down rivals Marks& Spencer and Debenhams as the company spelt out the impact on...
LONDON, Oct 29- Britain's No.2 clothing retailer Next cut its profit guidance on Wednesday after unusually warm weather suppressed demand for its winter wear, sending an ominous sign to rivals ahead of the crucial Christmas season. Next, which trades from over 500 stores in Britain and Ireland, about 200 stores overseas, and through its Directory internet and...
LONDON, Oct 29- Britain's No.2 clothing retailer Next cut its profit guidance on Wednesday after unusually warm weather suppressed demand for its winter wears, sending an ominous sign to rivals ahead of the crucial Christmas season. Next, which trades from over 500 stores in Britain and Ireland, about 200 stores overseas, and through its Directory internet and...
The Heartland’s Kansas City Royals are commanding higher ticket prices and greater merchandise sales than their rivals from the Bay.
Sears received two new cash injections, one from a leasing deal with UK retailer Primark, reports Dow Jones News.