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Apparel Retail

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  • May 28- Abercrombie& Fitch Co said its business was showing signs of recovery as sales of its Hollister- branded clothes improved, suggesting that recent efforts to revitalize the teen apparel retailer may be starting to pay off. The company's shares rose nearly 12 percent on Thursday after it reported comparable sales fell less than expected in the first...

  • May 28- Teen apparel retailer Abercrombie& Fitch Co said it expects comparable sales to improve in the second half of the year as its Hollister line of clothing begins to show signs of improvement. Abercrombie reported a rise in demand in Europe and Asia in the quarter. Abercrombie's net loss widened to $63.2 million, or 91 cents per share, from $23.7 million, or 32...

  • May 28- Teen apparel retailer Abercrombie& Fitch Co reported a 14 percent fall in quarterly sales due to weak demand, a strong dollar, and higher discounts. The company's net loss widened to $63.2 million, or 91 cents per share, in the first quarter ended May 2, from $23.7 million, or 32 cents per share, a year earlier. Net sales fell to $709.4 million from $822.4 million,...

  • They're selling what?! Retailers' biggest blunders Tuesday, 26 May 2015 | 11:16 AM ET
    PacSun upside down U.S. flag T-shirt upsets Memorial Day shoppers.

    Click through to see some of retail's biggest gaffes over the years.

  • Cramer talks Gap earnings   Friday, 22 May 2015 | 9:22 AM ET
    Cramer talks Gap earnings

    CNBC's Jim Cramer discusses Gap's most recent earnings report and why he is demoralized by the company's weak guidance.

  • US STOCKS-Futures rise ahead of Yellen's speech, Friday, 22 May 2015 | 7:30 AM ET

    May 22- U.S. stock index futures were higher on Friday, a day after the S&P 500 ended at an all-time high and ahead of Federal Reserve Chair Janet Yellen's take on the economy that investors will peruse for clues on the timing of a rate hike. *Aeropostale slumped 22.8 percent to $2 in premarket trading after the teen apparel retailer estimated a...

  • Can GAP get its mojo back?   Friday, 22 May 2015 | 6:20 AM ET
    Can GAP get its mojo back?

    Dorothy Lakner, Topeka Capital Markets, provides perspective on what's hurting the apparel retailer and why things are working at Old Navy.

  • May 21- Apparel retailer Gap Inc reported an 8 percent fall in quarterly profit, hurt by a stronger dollar, supply delays in the United States and lower demand for its namesake brand. Gap's Old Navy line, however, has attracted more customers with its affordable-yet-trendy merchandise, helping it become the largest brand by sales in the company's portfolio.

  • Aeropostale drops aftermarket on weak 1Q results Thursday, 21 May 2015 | 4:12 PM ET

    NEW YORK— Shares of Aeropostale tumbled in aftermarket trading Thursday after the teen clothing retailer posted another quarterly loss, saying its first-quarter sales declined 20 percent. Aeropostale said its sales were hurt by problems with its merchandise assortment, a slowdown in work at West Coast ports and cold weather. Aeropostale shares dropped 51...

  • May 21- Apparel retailer Gap Inc reported an 8 percent fall in quarterly profit, hurt by a stronger dollar, supply delays in the United States and lower demand for its namesake brand. Gap's Old Navy line, however, has drawn customers with its affordable-yet-trendy merchandise, helping it become the largest brand by sales in the company's portfolio.

  • Chico's FAS CEO retiring Thursday, 21 May 2015 | 8:29 AM ET

    NEW YORK— The CEO of the women's clothing retailer Chico's is retiring at the end of the company's fiscal year. David Dyer will remain on the board of directors in the newly-created role of vice chairman through his current term, which ends at annual meeting in June 2016. Dyer took over at Chico's FAS Inc. in 2009. The company has formed a committee to find Dyer's...

  • *Forecasts 2nd- qtr profit $0.11- $0.14/ shr vs est. May 20- Teen apparel retailer American Eagle Outfitters Inc forecast current-quarter profit above analysts' expectations as fewer discounts drive margins and sales recover at its namesake brand after falling for the past two years. American Eagle, unlike rivals Aeropostale Inc and Abercrombie& Fitch Co, has...

  • May 20- Teen apparel retailer American Eagle Outfitters Inc forecast current-quarter profit above the average analyst estimate, as fewer discounts drive margins and sales at its namesake brand return to growth after two years. Comparable sales at the American Eagle brand rose 7 percent in the first quarter ended May 2, while those at the aerie division, under...

  • Cashing in on sports fanatics   Wednesday, 20 May 2015 | 8:46 AM ET
    Cashing in on sports fanatics

    Doug Mack, Fanatics CEO, discusses the big biz of licensed sports merchandising.

  • Apparel retailer American Eagle's sales rise 8.3 percent Wednesday, 20 May 2015 | 8:15 AM ET

    May 20- Teen apparel retailer American Eagle Outfitters Inc reported an 8.3 percent rise in quarterly sales, helped by strong demand for its clothes and fewer discounts. The company's net income rose to $29.1 million, or 15 cents per share, in the first quarter ended May 2, from $3.9 million, or 2 cents per share, a year earlier. Revenue rose to $699.5 million from...

  • *Dividend raised by 5.9 pct to 18 pence. LONDON, May 20- British retailer Marks& Spencer raised hopes that it has finally rediscovered a winning formula as it reported a rise in annual profit for the first time in four years and its intention to return excess cash to shareholders. Britain's biggest clothing retailer, which also sells homeware and upmarket food,...

  • UPDATE 1-M&S profit rises for first time in four years Wednesday, 20 May 2015 | 2:31 AM ET

    LONDON, May 20- British retailer Marks& Spencer posted its first rise in annual profit in four years and said it would return excess cash to shareholders, fueling hopes that it has finally rediscovered a successful formula. Britain's biggest clothing retailer, which also sells homewares and upmarket food, said on Wednesday it made a profit before tax and one-off...

  • M&S profit rises for first time in four years Wednesday, 20 May 2015 | 2:11 AM ET

    LONDON, May 20- British retailer Marks& Spencer posted its first rise in annual profit in four years and said it would return excess cash to shareholders, fueling hopes that it has finally rediscovered a successful formula. Britain's biggest clothing retailer, which also sells homewares and upmarket food, said on Wednesday it made a profit before tax and one-off...

  • May 18- Apparel retailer Urban Outfitters Inc reported lower-than-expected comparable-store sales, hurt by weak demand for the Urban Outfitters and Anthropologie Group brands. The company's net income fell to $32.8 million, or 25 cents per share, in the first quarter ended April 30, from $37.5 million, or 26 cents per share, a year earlier. Revenue rose nearly 8...

  • Ascena Retail Group buying Ann inc.   Monday, 18 May 2015 | 11:00 AM ET
    Ascena Retail Group buying Ann inc.

    Ascena Retail Group, owner of Dressbarn, Justice, and more, is purchasing leading women's specialty retailer Ann Inc.