We are in the meat of earnings season for retailers, and there are very clear winners and losers emerging.» Read More
NEW YORK— Macy's has an answer to T.J. Maxx and other stores that sell deeply discounted designer brands. The department store chain, which is set to open its previously announced "Macy's Backstage" discount stores this fall in the New York City area, gave The Associated Press an early look at one of its new outlet stores. The store, which is opening next week in...
*Hires designer Aaron Levine from Ralph Lauren. Aug 18- Struggling teen apparel retailer Abercrombie& Fitch Co has hired designers and executives from top brands such as Ralph Lauren, Karl Lagerfeld and Tommy Hilfiger as it looks to turn around its business. Abercrombie said on Tuesday it hired designers Aaron Levine from Ralph Lauren Corp and Kristina Szasz...
Aug 18- Struggling teen apparel retailer Abercrombie& Fitch Co said it created six senior positions as it looks to turn around its Abercrombie& Fitch and abercrombie kids brands. Abercrombie said on Tuesday it had hired designers Aaron Levine from Ralph Lauren Corp and Kristina Szasz from PVH Corp to head design at its A&F mens and womens units, respectively.
*July ADP numbers smallest increase since April. *Walt Disney falls after cutting cable unit profit forecast. Aug 5- Wall Street was set to open higher on Wednesday after data showed private sector hiring in July rose the least since April, reducing expectations of a strong reading in the government's payrolls report due Friday.
The ADP report is not seen as an exact preview for the jobs report but it can give directional hints, and the market watches it for any big surprises.
It's not all doom and gloom for luxury goods maker Coach, CNBC's Jim Cramer says.
The luxury markets worldwide are under pressure again.
Retailers specializing in off-price merchandise are positioned to win as investors shun fashion risk and look for quality, Oliver Chen tells CNBC.
Having it all: business built on passion, time for family, and control. Dylan Lauren and Stacey Bendet spill the jellybeans.
Deutsche Bank analyst Paul Trussell downgraded Macy's, citing "low confidence that the company can bust out of its same-stores sales rut."
After contending with port strikes, a long winter and the impact of a stronger dollar, retailers are hoping to move past the noise.
Interest rates surged after a better-than-expected jobs report, sending the yield on the 10-year Treasury to the highest since October. What should you do?
Which stocks win and which stocks lose when rates explode higher like they have this week.
NEW YORK, May 13- Ralph Lauren Corp lost some ground on Wednesday in its long-running trademark fight with the United States Polo Association over the use of its logo depicting a horse-mounted polo player swinging a mallet. The 2nd U.S. Circuit Court of Appeals in Manhattan ruled that the Polo Association cannot be held in contempt for selling sunglasses with a...
U.S. stocks closed narrowly mixed as investors remained wary of climbing bond yields and the lack of a strong second-quarter rebound in the economy.
Macy's has fallen short on earnings expectations three of the last eight quarters, according to Retail Metrics.
*Tech stocks rise, with Microsoft leading gains. May 13- Wall Street was little changed in afternoon trading on Wednesday, paring early gains, as a flurry of deals failed to make up for tepid economic data. "We are seeing some evidence that the weakness in the first-quarter has spilled over to this quarter, but I'm not concerned that U.S. consumer spending for the year...
*Macy's, Ralph Lauren down after results. *Tech stocks rise, with Microsoft leading gains. May 13- Wall Street pared early gains in choppy trading as tepid economic data and a renewed selloff in the bond market more than offset a flurry of corporate deals on Wednesday.
*Macy's, Ralph Lauren down after results. May 13- U.S. stocks opened higher on Wednesday as data suggested that the economy was not rebounding strongly enough for the Federal Reserve to raise interest rates before September. "The data puts into question the Fed's notion that the weak first-quarter data was transitory," said Adam Sarhan, chief executive of Sarhan...
*Macy's, Ralph Lauren down after results. May 13- U.S. stock index futures pointed to a mixed open on Wednesday after data showed that the U.S. economy was struggling to make a strong rebound after meager first-quarter growth. "The data puts into question the Fed's notion that the weak first-quarter data was transitory," said Adam Sarhan, chief executive of Sarhan...