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.» Read More
High-end retailers are on fire now, and Prada is hoping to cash in on Wall Street's hunger, with CNBC's Brian Shactman.
The “Mad Money” host weighs in on a popular apparel maker.
Long-term Gap shareholders will need to be a little more patient. The nation's largest apparel retailer told investors gathered at the Piper Jaffray Consumer Conference in New York Wednesday that some of the actions it plans to take to turn around its business will be apparent by this Christmas holiday season, but most won't come until next year.
Even though most consumers are just starting to work on their summer tan, retailers are already plotting how they will convince you come Black Friday that you can’t live without that must-have sweater, over-priced pair of boots or flat screen TV. With rising input costs, food inflation and continued heavy prices at the pump my prediction is The Grinch and Heat Miser will wipe the floor with the Snow Miser.
Plus, the "Mad Money" host reveals his "Game Plan" for the days to come.
The week's top business news and investment advice, including whether you should short financials, and which tech names are smart buys, with CNBC's Brian Sullivan.
Same store sales were up 4.9% in May, just shy of 0.5% of expectations, with CNBC's Jane Wells.
Asos, the British fast fashion website which promises cheap versions of celebrities’ outfits within days of them appearing on the red carpet, reported record annual sales Thursday, helped by sales from its recently-launched partner websites in the United States, France and Germany.
Apparently this is real: the U.S. Senate introduced a bill today aimed at eliminating the hidden costs included in the price of low-cost and children’s shoes.
Higher wages in China could translate into increased costs for Western retailers and trading companies and result in higher prices for American and European consumers, The New York Times reports.
The rising labor costs for companies that supply Chinese goods to the West may result in higher consumer prices. The NYT reports.
The upcoming listings of retailers Coach, Prada and Samsonite in Hong Kong are a sign that the future growth of the retail and luxury industry is in China, according to one analyst.
Teen retailers, American Eagle and Aeropostale have lost ground lately, but could these beaten down stocks offer an investment opportunity? Liz Dunn, FBR Capital Markets analyst weighs in.
Ralph Lauren is off 11.08 today, and not surprisingly has been seeing some unusual options activity, says Mike Khouw, Cantor Fitzgerald. "We should have expected that sooner or later rising input costs would have an impact," he says.
Brian Sozzi, Wall Street Strategies, explains they investors should stay clear out of the retail sector. "The recession led to two years of strong operating margin expansion, now companies can't sustain these multiples," he says.
CNBC's Courtney Reagan follows the money trail of some high end companies and the reason for their success in a slow economy.
Discussing weakness in the retail sector and which companies are thriving despite the downturn, with Jamie Cox, Harris Financial Group, and Carter Worth, Oppenheimer Asset Management.
Looking for investment bargains in the retail sector, with Brian Tunick, JP Morgan and John Long, Kurt Salmon.
Discussing how weak retail and high gas prices play into the markets right now, with Matthew McCormick, Bahl & Gaynor; David Katz, Matrix Asset Advisors; and Jan Kniffen, Jay Rogers Kniffen.
"Most retailers will have upside in the first quarter," says Jennifer Davis, Lazard Capital Markets analyst.