Fashion Ralph Lauren

  • U.S. oil prices hit a six-month high as data from the International Energy Agency showing tightening supply, while U.S. crude inventories unexpectedly decreased. Apple tumbled 1.8 percent at a 52- week low of $90.83, dragging on all three indexes. Wall Street dropped on Wednesday as feeble quarterly reports from Walt Disney, Macy's and Fossil undermined...

  • Ralph Lauren's net income fell to $41 million, or 49 cents per share, in the quarter ended April 2, from $124 million, or $1.41 per share, a year earlier. Excluding items, the company earned 88 cents per share, above the average analyst estimate of 83 cents, according to Thomson Reuters I/B/E/S. Revenue fell 1 percent to $1.87 billion, but came in above analysts' average...

  • *Helping support the early rebound, oil prices were steady after the International Energy Agency said it expects a significant reduction in supplies later this year. *Wall Street dropped on Wednesday as feeble quarterly reports from Walt Disney, Macy's and Fossil undermined confidence across the consumer sector. Monsanto was up 4.9 percent at $94.75 after...

  • April 13- Apparel retailer Gap Inc said it appointed Sonia Syngal as the president of Gap's Old Navy division, a post which was vacant since the departure of Stefan Larsson. Larsson, who is credited with reviving sales at Old Navy, left the retailer in October to replace American designer Ralph Lauren as CEO of Ralph Lauren Corp.. Jill Stanton, who served as interim...

  • April 13- Apparel retailer Gap Inc said it named Sonia Syngal as the president of Gap's Old Navy division, a post which was vacant since the departure of Stefan Larsson. Larsson, who is credited with reviving sales at Old Navy, left the retailer on Oct. 2 to replace American designer Ralph Lauren as CEO of Ralph Lauren Corp.. Syngal served as executive vice president...

  • *Lacemaker forced to reinstate five laid-off workers by court. CALAIS, France, March 18- A Monet painting inspired the field of red poppies embroidered onto the delicate lace at Gerard Dezoteux's 126- year-old lace factory in Calais, northern France. But a court overturned the decision, a costly blow that may force the company to shut and business groups say is...

  • *Lacemaker forced to reinstate five laid-off workers by court. CALAIS, France, March 18- A Monet painting inspired the field of red poppies embroidered onto the delicate lace at Gerard Dezoteux's 126- year-old lace factory in Calais, northern France. But a court overturned the decision, a costly blow that may force the company to shut and business groups say is...

  • March 15- U.S. luxury fashion retailer Neiman Marcus Group Ltd LLC reported a second straight quarterly drop in sales at its established stores amid a slowdown in spending on high-end goods. A volatile stock market has curbed spending on high-end goods, while the strong dollar has hit spending by tourists, reducing sales at Tiffany's Inc and Macy's high-end...

  • *4th- qtr comp sales grow 1.9 pct vs est $1.5 pct. Feb 24- Target Corp's quarterly sales at established stores topped analysts' estimates as its initiatives around higher-profit items drove traffic, showing that the company's turnaround efforts under CEO Brian Cornell were gaining traction. Some of his efforts include promoting and investing in a narrower set...

  • NEW YORK, Feb 19- Michael Kors Holdings Ltd and Ralph Lauren Corp were among the top-mentioned brands by social media users during New York Fashion Week, the result of a push by fashion houses to build buzz among fans who otherwise would not be exposed to their shows. Both companies were among the top five brands that received. Michael Kors received 70,902 related...

  • "The traditional structure of Fashion Week, particularly in New York, has been shifting for the past few seasons," said Alexandra Ilyashov, a fashion editor at the lifestyle website Refinery29. More than 230,000 people attend the New York events in February to see the designs for the coming fall and in September, for spring fashion. In recent years, the fashion shows,...

  • *Ralph Lauren, Kohl's drag down other retailers. Feb 4- A jump in materials shares helped U.S. stocks eke out a second straight day of gains on Thursday, though disappointing forecasts from retailers and anxiety ahead of Friday's jobs report limited the advance. Adam Sarhan, chief executive of Sarhan Capital in New York, said the market is trying to bounce from "...

  • Feb 4- The S&P 500 and Nasdaq edged lower in choppy trading Thursday after disappointing forecasts from retailers and as investors braced for Friday's monthly jobs report. Ralph Lauren sank 22 percent to $90.15 while Kohl's fell 18.4 percent to $41.70, the two biggest percentage decliners in the S&P 500.. The Dow was in positive territory, helped by shares of...

  • *Weekly employment numbers rise more than expected. *Ralph Lauren, Kohl's drag down other retailers. Feb 4- The S&P 500 and Nasdaq were little changed while the Dow was up 0.26 percent in choppy trading on Thursday as oil prices pared earlier gains and investors awaited the monthly jobs report on Friday.

  • Kohl's shares plunged as much as 20 percent to a near seven-year low of $41.06. Ralph Lauren's stock fell 18 percent, touching a more than five year-low of $94.02. "The worry is that the winter stock is not being sold even with deep discounts," said Neil Saunders, chief executive at retail research firm Conlumino.

  • *Weekly employment numbers rise more than expected. Feb 4- U.S. stock indexes fluctuated on Thursday as equities tracked oil prices. "In the short term, we really need to see a decent payroll number tomorrow and for earnings season to conclude with no major surprises," said Bill Merz, investment strategist at U.S.

  • The company's stock fell as much as 15 percent to $43.44 in early trading, pulling down shares of other retailers. Kohl's said it now estimates 2015 earnings of $3.95- $4.00 per share, excluding losses from debt repayment. Kohl's had earlier expected earnings to be at the low end of its forecast of $4.40- $4.60 per share.

  • Feb 4- Luxury fashion retailer Ralph Lauren Corp reported a bigger-than-expected decline in holiday-quarter sales, hurt by unusually warm weather and fewer tourists visiting its stores in North America. Total sales at established stores fell 7 percent in the quarter ended Dec. 26. Ralph Lauren's net income fell nearly 40 percent to $131 million, or $1.54 per...

  • *Weekly employment numbers rise more than expected. Feb 4- Wall Street looked set to open lower on Thursday as oil prices slipped, pressured by oversupply and skepticism about the progress of efforts to lobby crude producers for output cuts. "Investors are still keeping an eye on oil with the market reacting as if oil is a clear signal on global demand," said Scott...

  • Feb 4- Luxury fashion retailer Ralph Lauren Corp reported a 4.3 percent decline in quarterly sales, hurt by unusually warm weather in North America, lower tourist traffic and a strong dollar. The company's net income fell to $131 million, or $1.54 per share, in the third quarter ended Dec. 26, from $215 million, or $2.41 per share, a year earlier. Net revenue fell to $1.95...