Apparel Retail
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Same-store sales dropped at Abercrombie & Fitch in its first quarter. Stacey Widlitz of S.W. Retail Advisors, discusses how to play the stock now. And Sapna Maheshwari of BuzzFeed explains her claim that top execs at the retailer are concerned about its CEO's amount of power within the company.
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Same-store sales dropped at Abercrombie & Fitch in its first quarter. Stacey Widlitz of S.W. Retail Advisors, discusses how to play the stock now. And Sapna Maheshwari of BuzzFeed explains her claim that top execs at the retailer are concerned about its CEO's amount of power within the company.
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NEW YORK-- Shares of Aeropostale Inc. fell on Friday, a day after the teen apparel retailer reported a first-quarter loss and offered second-quarter guidance that disappointed investors. THE SPARK: Aeropostale Inc. reported a loss of $12.2 million, or 16 cents per share, during the quarter.
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NEW YORK-- Shares of Shoe Carnival Inc. rose to an all-time high Friday after the footwear retailer managed to beat Wall Street predictions for fiscal first-quarter earnings, despite a 14 percent drop year over year.
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For the first quarter ended May 4, the teen clothing retailer said its loss narrowed to $7.2 million, or 9 cents per share, from $21.3 million, or 25 cents per share, a year earlier.
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Herbert Hainer, CEO of Adidas, tells CNBC how they are helping to grow soccer in the United States in partnership with Major League Soccer.
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NEW YORK-- Teen clothing store chain Aeropostale Inc. posted a loss in the first quarter, reversing a year-ago profit, as sales declined. The New York- based company booked a loss of $12.2 million, or 16 cents per share, in the three months that ended on May 4.
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Faye Landes, senior retail analyst at Cowen, tells CNBC that expectations for Ralph Lauren continues to be very bullish.
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While 94 percent of the companies in the Standard & Poor's 500 Index have already reported quarterly earnings, this week remains a key week for the retail industry with 24 retailers reporting earnings—12 of which are S&P 500 components.
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British luxury group Burberry posted a 14 percent rise in full-year pretax profit and said profit for the first half of its new fiscal year would be below last year's as it reduces its wholesale business in favor of retail markets.
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CNBC's Bertha Coombs reports on Urban Outfitters' Q1 earnings data.
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Rick Snyder, retail specialist at Maxim Group, tells CNBC that Macy's should offer a very good performance with a 58 cent quarter.
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As the popularity of yoga grows, so does the need for yoga attire with larger waistlines. Brands are finding there is demand for plus-sized yoga apparel.
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It's good to remember that some turnarounds have happy endings. For retailer Gap, the current outcome is a positive one as investors are again falling into the Gap.
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Stanley Thai, Founder and Executive Chairman of Supermax tells CNBC how he built the world's second largest glove maker.
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The San Francisco 49ers and Levi Strauss have reached an agreement for a $220 million, 20-year naming rights deal for the team's future stadium in Santa Clara, Calif.
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Is Abercrombie's customer base shrinking? Jan Kniffen, Worldwide Enterprises CEO and Robin Lewis, The Robin Report CEO, the future of Abercrombie & Fitch and JC Penney.
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Richard Perks, director of retail research at Mintel International, tells CNBC that confidence among consumers has been on a very slow long-term upwards trend for about two years.
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Major retailers like Wal-Mart, J.C. Penney, Gap, Nike and Target are feeling a new degree of pressure to re-assess global sourcing strategies. And that may prompt them to take some potentially costly steps.
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Cooler than usual weather is taking a bite out of retail sales in the Northeast. The situation could impact first quarter margins – when retailers report quarterly earnings.
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Shares of beleaguered retailer JC Penney rose more than 7 percent in after-hours trading on Thursday after billionaire financier George Soros disclosed a 7.9-percent stake.