On Sunday, Adidas announced it is bringing its innovative Boost technology to basketball, in part to take on Nike.» Read More
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.
Portions of New York City are experiencing significant job growth—particularly in manufacturing.
Stacey Widlitz, SW Retail Advisors, breaks down the earnings of luxury retailer Michael Kors and explains why the stock is fully valued right now.
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.
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.
May 23- Aeropostale Inc could raise going concern doubts as soon as next year, as the struggling teen apparel retailer burns up cash amid mounting losses, Morgan Stanley analysts warned. "Aeropostale occupies the weakest competitive position in teen retail, and continues to cede market share to cheap fashion retailers and other teen retailers," the analyst said.
Take a look at some of Friday's midday movers: Aeropostale, Hewlett-Packard & more.
May 23- Aeropostale Inc could raise doubts about continuing as a going concern as soon as next year, brokerage Morgan Stanley said a day after the teen apparel retailer reported its seventh straight quarterly decline in comparable sales.
Adrienne Tennant, Janney Montgomery Scott specialty apparel analyst, discusses Gap's difficult quarter, and the state of the retail sector.
May 22- Teen apparel retailer Aeropostale Inc forecast a bigger-than-expected loss for this quarter as it struggles to keep pace with changing fashion trends. Aeropostale shares fell 18 percent in extended trading at $3.70.
May 22- Struggling teen apparel retailer Aeropostale Inc's comparable sales fell 13 percent, hurt by lower mall-traffic and intense competition. Net sales declined about 12 percent to $395.9 million for the first quarter ended May 3. The company's net loss widened to $76.8 million, or 98 cents per share, from $12.2 million, or 16 cents per share, a year earlier.
May 21- Teen apparel retailer American Eagle Outfitters Inc's quarterly profit slumped 86 percent as it struggles to attract shoppers amid intense competition and weak demand. The company's net income fell to $3.87 million, or 2 cents per share, in the first quarter ended May 3 from $27.98 million, or 14 cents per share, a year earlier.
Art Cashin of UBS Financial Services tells CNBC's Bob Pisani why investors should be watching for a key level on the Nasdaq.
Kate Spade CEO discusses how aspirational luxury is driving growth.
May 19- Teen apparel retailer Urban Outfitters Inc reported a quarterly profit below market expectations as costs jumped and tough competition forced the retailer to spend more on marketing. Urban Outfitters shares fell 3.5 percent after the bell on Monday.
May 19- Teen apparel retailer Urban Outfitters Inc reported a 20 percent fall in its quarterly profit as costs jumped. Urban Outfitters shares fell 3 percent in extended trading on Monday. Net income fell to $37.5 million, or 26 cents per share, for the first quarter ended April 30 from $47.1 million, or 32 cents per share, a year earlier.
Wal-Mart had execution problems and Kohl's has been rebranding itself, leaving two retailers room to rise above the competition, Jim Cramer says.
The "Squawk on the Street" news team digs into the earnings of retailers J.C. Penney and Nordstrom. Cramer says J.C. Penney CEO Mike Ullman is the real deal and could resurrect the company.