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Apparel Retail

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  • JCP loss smaller than expected, stock soars 15% Wednesday, 26 Feb 2014 | 4:02 PM ET
    A family exits a J.C. Penney Co. store at the Collin Creek Mall in Plano, Texas, on Sunday, Feb. 23, 2014.

    JC Penney reported a quarterly loss that was smaller than expected on Wednesday, but revenue trailed analysts' expectations.

  • *Fourth-qtr adjusted profit $1.34/ share vs est. Feb 26- Teen apparel retailer Abercrombie& Fitch Co said it would lower prices to deal with intense competition, after discounts in the holiday season helped quarterly revenue fall less than expected.

  • *Forecasts 2014 earnings of $2.15- $2.35/ share vs est. *Fourth-qtr adjusted profit $1.34/ share vs est. Feb 26- Teen apparel retailer Abercrombie& Fitch Co said it would reduce prices this year to deal with intense competition, after the company reported higher-than-expected quarterly revenue mainly due to discounting.

  • Columbia CEO: Consumer is coming back     Wednesday, 26 Feb 2014 | 10:03 AM ET

    Tim Boyle, president and CEO of Columbia Sportswear, discusses the boost his company is getting from the cold weather.

  • *Fourth-qtr adjusted profit $1.34/ shr vs est $1.03. Feb 26- Teen apparel retailer Abercrombie& Fitch Co reported higher-than-expected quarterly profit and revenue in the holiday quarter as discounts helped win back young shoppers and the company cut costs.

  • Feb 26- Teen apparel retailer Abercrombie& Fitch Co reported higher-than-expected quarterly profit and revenue as discounts helped win back young shoppers and the company cut costs. Abercrombie's net income fell to $66.1 million, or 85 cents per share, in the fourth quarter ended Feb. 1 from $157.2 million, or $1.95 per share, a year earlier.

  • Abercrombie & Fitch quarterly profit plunges Wednesday, 26 Feb 2014 | 7:40 AM ET

    Feb 26- Teen apparel retailer Abercrombie& Fitch Co reported a 58 percent fall in quarterly profit as it struggles to keep up with the tastes of young shoppers. Abercrombie's net income fell to $66.1 million, or 85 cents per share, for the fourth quarter ended Feb. 1 from $157.2 million, or $1.95 per share, a year earlier.

  • Profiting from the polar vortex     Monday, 24 Feb 2014 | 3:37 PM ET

    CNBC's Courtney Reagan looks at what retailers are benefiting from the harsh winter weather.

  • *Raises offer to $63.50/ share from $57.50. Feb 24- Men's Wearhouse Inc pressed on with its bid for Jos. A. Bank Clothiers Inc, boosting its offer by more than 10 percent in spite of the smaller company's effort to stay independent by buying outdoor clothing retailer Eddie Bauer. Men's Wearhouse raised its cash tender offer to Jos.

  • US STOCKS-S&P 500 hits record in broad market rally Monday, 24 Feb 2014 | 10:39 AM ET

    *Insurance stocks rise after Humana comments. *Men's Wearhouse raises offer for Jos. RF Micro Devices Inc agreed to buy TriQuint Semiconductor Inc for about $1.6 billion, while Men's Wearhouse Inc raised its cash tender offer for rival men's clothing retailer Jos.

  • Men's Wearhouse raises offer for Jos A Bank Monday, 24 Feb 2014 | 8:32 AM ET
    A Men's Wearhouse in New York

    Men's Wearhouse said it has raised its cash tender offer for rival men's clothing retailer Jos. A. Bank Clothiers to $63.50 per share from $57.50.

  • Under Armour unfairly beaten up over suits: CEO Friday, 21 Feb 2014 | 9:55 AM ET
    Shani Davis of the United States, wearing an Under Armour uniform, competes during the Sochi 2014 Winter Olympics.

    Despite the Sochi Olympics flap, Under Armour and U.S. Speedskating have signed a new eight-year partnership.

  • CNBC's Scott Wapner discusses Under Armour's eight year deal to extend its partnership with the U.S. speedskating team and recaps his interview with the company's CEO Kevin Plank.

  • Under Armour founder: It's not the suit! Friday, 21 Feb 2014 | 5:54 AM ET
    Shani Davis of the United States, wearing an Under Armour uniform, competes during the Sochi 2014 Winter Olympics.

    The much-maligned suit worn by the U.S. speedskating team should never have been victimized, Under Armour CEO Kevin Plank told USA Today.

  • HONG KONG, Feb 21- Esprit Holdings Ltd said on Friday it had swung into profit in the first half of the year, helped by its plan to cut costs and revamp its supply chain. The clothing retailer made a net profit of HK $95 million in the six months ended Dec. 31, compared with a loss of HK $465 million for the same period a year earlier.

  • Feb 19- Apparel retailer Gap Inc said it would raise the hourly pay for its U.S. employees to $9 in June 2014 and $10 in June 2015, after the White House said the minimum wage for federal contract workers would be raised to $10.10 an hour in 2015..

  • UPDATE 1-Gap to raise workers' hourly pay to $10 in 2015 Wednesday, 19 Feb 2014 | 6:36 PM ET

    Feb 19- Apparel retailer Gap Inc said it would raise the hourly pay for its U.S. employees to $9 in June 2014 and $10 in June 2015, after the White House said the minimum wage for federal contract workers would be raised to $10.10 an hour.

  • Designer faceoff: Ralph Lauren vs. Donna Karan Wednesday, 19 Feb 2014 | 1:52 PM ET
    Ralph Lauren and Donna Karan

    Cast your vote to decide who has had a bigger influence on business in the past quarter century.

  • Cold weather could mean hot sales for these brands Tuesday, 18 Feb 2014 | 1:29 PM ET
    UGG Mini Bailey Bow Stripe

    Following strong performance in cold-weather offerings at VF Corp. and Under Armour, analysts are betting on brands that focus on keeping people warm.

  • M&S leaves Amazon behind as new website goes live Tuesday, 18 Feb 2014 | 11:45 AM ET

    LONDON, Feb 18- Marks& Spencer, Britain's biggest clothing retailer, has launched a new website platform, a key plank of its strategy to reverse nearly a decade of market share decline in its most profitable business.

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