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Apparel Retail

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  • June 12- Private equity firm Sycamore Partners Said it was interested in acquiring apparel retailer Express Inc and asked the company to allow it to perform due diligence. Express's shares rose 22 percent to $16.55 in extended trading. The stock closed down nearly 3 percent at $13.55 on Thursday, valuing the company at $1.14 billion.

  • Lulu board brawl: 'Our parents are fighting' Thursday, 12 Jun 2014 | 11:27 AM ET

    Lululemon's CEO said a dispute among board members is like "our parents are fighting," adding to the company's challenges.

  • Lululemon's profit plunges 60%, CFO to retire Thursday, 12 Jun 2014 | 7:25 AM ET
    A woman wearing Lululemon Athletica clothing leads a yoga class in Miami Beach, Florida

    Canadian yogawear retailer Lululemon's quarterly net profit fell 60 percent as tax expenses rose.

  • MADRID, June 11- Net profit at the world's largest clothing retailer Inditex dropped 7.3 percent in the first quarter, its sharpest drop in five years, after a strong euro hit the Zara owner in some of its most lucrative markets.

  • MADRID, June 11- Net profit at the world's largest clothing retailer Inditex dropped 7.3 percent in the first quarter, its sharpest drop in five years, after a strong euro hit the Zara owner in some of its most lucrative markets.

  • Retailer Francesca's profit drops 21 pct Tuesday, 10 Jun 2014 | 7:43 AM ET

    June 10- Women's apparel retailer Francesca's Holdings Corp reported a 21 percent drop in first-quarter profit as sales fell at its boutique due to a harsh winter and the company offered discounts to clear off an inventory pile-up.

  • *Fast Retailing built up its empire during Japan's deflationary years. TOKYO, June 10- Fast Retailing Co's Uniqlo, Japan's biggest clothing store chain, will lift prices in its home market from next month- one of the most symbolic signs yet that the country is making strides in its battle to end 15 years of chronic deflation.

  • Cramer: PVH's Chirico needs to deliver or else Thursday, 5 Jun 2014 | 10:20 AM ET
    CNBC's Jim Cramer.

    If CEO Manny Chirico doesn't turn things around this quarter, apparel maker PVH's stock will lose out to rival VF, CNBC's Jim Cramer says.

  • Who pays for the first lady's clothes? Monday, 2 Jun 2014 | 9:49 AM ET
    Michelle Obama

    Michelle Obama's wardrobe includes top designers' gowns that can run into five figures. Who foots the bill?

  • WASHINGTON, May 30- U.S. antitrust officials on Friday said they had closed their investigation into the proposed merger of men's clothing retailers Men's Wearhouse and Jos. A. Bank, a move that will allow the deal to move ahead.

  • May 29- Apparel retailers Express Inc and Guess Inc forecast disappointing profits for the current quarter as a revival in consumer spending takes longer.

  • May 29- Teen apparel retailer Abercrombie& Fitch Co's quarterly sales fell less than expected for the first time in six quarters as efforts to revitalize its women's clothing business began to pay off, sending the company's shares up as much as 7.5 percent.

  • May 29- Teen apparel retailer Abercrombie& Fitch Co's quarterly sales fell less than expected for the first time in six quarters, helped by improvements in its women's clothing business and its namesake brand.

  • May 29- Teen apparel retailer Abercrombie& Fitch Co reported a bigger loss for the first quarter as heavy discounts hurt margins. The company's loss widened to $23.7 million, or 32 cents per share, in the quarter ended May 3 from $7.2 million, or 9 cents per share, a year earlier. Excluding items, Abercrombie posted a loss of 17 cents per share.

  • Where US manufacturing jobs are growing Wednesday, 28 May 2014 | 11:02 AM ET
    An employee loads sheets for countertops onto a conveyor at the IceStone LLC manufacturing facility in the Brooklyn.

    Portions of New York City are experiencing significant job growth—particularly in manufacturing.

  • What's pressuring KORS     Wednesday, 28 May 2014 | 10:35 AM ET

    Stacey Widlitz, SW Retail Advisors, breaks down the earnings of luxury retailer Michael Kors and explains why the stock is fully valued right now.

  • Cramer: KORS & KATE best in show     Wednesday, 28 May 2014 | 9:02 AM ET

    CNBC's Jim Cramer and David Faber discuss today's top business headlines, including Michael Kors beating the Street with its fiscal Q4 results, and Toll Brothers' better-than-expected earnings.

  • Wet Seal posts bigger-than-expected quarterly loss Tuesday, 27 May 2014 | 6:42 PM ET

    May 27- Women's apparel retailer Wet Seal Inc reported a bigger-than-expected quarterly loss, hurt by a double-digit fall in comparable-store sales. Wet Seal posted a net loss of $21.8 million, or 26 cents per share, for the first quarter ended May 3, compared with net income of $3.11 million, or 3 cents per share, a year earlier.

  • May 27- Aeropostale Inc said it secured a $150 million credit facility from private equity firm Sycamore Partners, in what could be a lifeline for the struggling teen apparel retailer. Shares of Aeropostale, which reported its sixth straight quarterly loss last week, rose as much as 17 percent on the New York Stock Exchange on Tuesday.

  • May 27- Aeropostale Inc said it secured a $150 million credit facility from private equity firm Sycamore Partners, in what could be a lifeline for the struggling teen apparel retailer. Shares of Aeropostale, which reported its sixth straight quarterly loss last week, rose 8.5 percent to $3.70 in premarket trading.