Gap shares fell more than 5 percent Wednesday, after it said Old Navy's global president will be leaving the brand for Ralph Lauren.» Read More
Several new fashion trends have hit the selling floor, which should encourage shoppers to open up their wallets.
Aug 6- Click on http://tmsnrt.rs/1K5qIeA for a table that compares U.S. retailers' July same-store sales with analysts' estimates as published by Thomson Reuters.
This could be a major setback for apparel companies such as Abercrombie& Fitch Co and Aeropostale Inc, which have been struggling to revive their businesses. Retailers that sell apparel to teens and young adults are expected to discount 5-10 percent more than in 2014, said Bill Martin, founder of research firm ShopperTrak. Abercrombie is expected to report a 5...
Sports Authority is hoping to end years of what Moody's described as "inconsistent" operating performance.
A New York state wage board is expected to recommend lifting the fast-food minimum wage to $15 an hour, The Wall Street Journal reports.
July 14- Apparel maker Guess Inc said on Tuesday that Victor Herrero would replace co-founder Paul Marciano as chief executive in August. U.S. apparel retailers such as Guess, Aeropostale Inc and Gap Inc, have been facing stiff competition from fast-fashion retailers including Inditex's Zara, as well as H&M and Forever 21.. The Los Angeles- based company, which...
Underperforming corporate executives beware: The activists are coming for you.
U.S. stocks surged as a second day of recovery in Chinese stocks and hopes of a resolution in Greece boosted investor sentiment.
U.S. stock index futures pointed to a sharply higher open on Friday as markets cheered the latest developments in the Greek saga.
Some of the names on the move ahead of the open.
Check out the companies making headlines after the bell Thursday: Barracuda, Gap, Zillow & more.
July 9- Click on http://tmsnrt.rs/1Sb67K0 for a table that compares U.S. retailers' June same-store sales with analysts' estimates as published by Thomson Reuters.
Its yoga pants and workout tanks are priced at a premium, but Lululemon shares are still a bargain, Guggenheim analyst Howard Tubin said.
Fast fashion has a dirty little secret and the solution, this fashion entrepreneur says, is made in America.
President Barack Obama is pushing a proposal to extend overtime payment to more white-collar workers. Main Street reacts.
After contending with port strikes, a long winter and the impact of a stronger dollar, retailers are hoping to move past the noise.
Gap is officially signing the lease at the current Toys R Us in Times Square, CNBC learned on Friday.
Gap has signed a huge contract for a lease in New York City, reports CNBC's Courtney Reagan.
A look at newly public companies that still have ties to their founders and continue to maintain much of their early start-up flair.
June 17- The world didn't end in 2012, but things haven't been the same since then for Gap Inc's flagship clothing chain. Now, in a sense, the Gap division needs to do just the opposite to what it has been doing for the past few years if it is to compete not only with direct rivals such as American Eagle Outfitters, but fast-fashion chains such as H&M, Zara and Forever 21...