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Shares of the luxury retailer had a big move down following a 6.2 percent drop in first-quarter earnings, reports CNBC's Courtney Reagan.
Nearly every retail stock is down today. CNBC's Courtney Reagan looks at winners and losers in the sector. Mary Epner, Mary Epner Retail Analysis; Corinna Freedman, Wedbush Securities; and Jan Kniffen, Worldwide Enterprises, weigh in.
The Fast Money team has the trade on CBS & Time Warner Cable's fee feud, Sony's rejection of Dan Loeb's spin-off proposal, and the plunge in shares of American Eagle. And Kimberly Greenberger, Morgan Stanley, breaks down Michael Kors' blowout earnings. Also, Mike Murphy has the trade on JC Penney.
Stacey Widlitz, S.W. Retail Advisors president, provides perspective on which retailers are moving in the right direction. "This space is not for the faint of heart, it's very volatile," she says.
Wall Street braced for a possible ricochet effect on retailer results after American Eagle Outfitters slashed its guidance and teen retailer stocks plunged.
Faye Landes, Cowen & Company analyst Michael Kors Holdings, breaks down the luxury retailers first quarter results and explains why she has an outperform rating on the stock and $71 price target.
Designed with 24-karat-gold thread, an ultraluxe collection has entered the intimate apparel market to fill a void in the underwear drawers of the wealthy.
Mark Henderson, chairman of Gieves and Hawkes, tells CNBC that it's a mistake for Abercrombie to open a kids store on Savile Row.
Showcasing the latest in the big business of skimpy, several designers were featured during the second edition of Lingerie Fashion Week.
T.J. Maxx plans to open an online store this year, as does rival Saks' Off Fifth outlets, making 2013 the year tech may have caught up with the speed of fashion.
JC Penney has bounced back today after reports that the company's credit for shipments was cut by CIT Group. Jan Kniffen, Worldwide Enterprises; William Frohnhoefer, BTIG; and Deborah Weinswig, Citi, take a look at what is going on with the stock.
Sales tax holidays will be offered in at least 17 states this year, but these events may not really benefit states or retailers.
Pop star Rihanna has won a legal battle in London against fashion giant Topshop over the sale of a T-shirt bearing the R&B singer's image.
Break out your jelly sandals and overall shorts: 1990s fashion has staged a comeback, prompting U.S. retailers to respond with fresh inventory of the decade's hottest looks.
JC Penney changed its pricing model from everyday low pricing to sales. But employees say the company artificially inflated prices, then put those same items on sale.
The struggling department store Sears hopes consumers will get excited about its "marketplace," where outside vendors can sell merchandise, reports CNBC's Courtney Reagan. Paul Swinand, Morningstar, and Marino Marin, MLV Co., discuss.
Thousands of fashion industry buyers, editors and onlookers ventured to South Beach to view the latest styles in the $4.2 billion swimwear industry. Click ahead to see the hottest trends for 2014.
Jake Bronstein says he's discovered a largely untapped vein of demand for premium, American-made men's underwear.
Retailers competing for customers are offering unusual items such as appliances and bedding as part of back-to-school sales. What's worth buying this time of year.
Back to school sales are kicking off and this season is especially critical for JC Penney. CNBC's Courtney Reagan has the latest on whether the retail giant's new Joe Fresh kids line can help sales. Paul Swinand, Morningstar, and Patrick McKeever, MKM Partners, weigh in which retailers to look out for this back to school season.