Tag: retail sales

Big loss last Thursday for shares of L Brands, the holding company of famous brands such as Victoria's Secret and Bath & Body Works. The stock for Victoria's Secret holding company fell 16% after it announced its 4Q declines and...
Abercrombie & Fitch kicked off its rebranding efforts on Monday inaugurating its first new concept store in more than 15 years. It is located at the Polaris Fashion Mall in Columbus, Ohio and the 4,860-ft “boutique” installation is the first...
Celebrity designer Max Azria kicked off NY fashion week with store closing and rumors of seeking bankruptcy protection. BCBG, whose name is short for the French expression “bon chic, bon genre” has built quite a celebrity following counting the...
The Italian luxury fashion house has gone live today with an “F is for…” digital platform targeted to the millennial audience in the hopes of positioning the brand as a youth culture favorite. Fendi, the Italian luxury fashion house, has...
Adidas has been working on a comeback after losing the second position as a sport brand in the US to Under Armour in 2014. Mark King, CEO of Adidas USA, got in trouble in the fall with what some felt...
Under Armour hits a wall, but remains confident of its brand, despite CFO exit Baltimore-based company has found it tough to continue its record setting growth it has achieved since going public in 2005 as competition intensifies. Reports indicate that...
Coach big bet on modern sales channels provide confidence despite department store pull back. Department stores have taken a beating over the last year. Industry experts have reported the over saturation of retail stores and expect a tightening of margins...
Ascena parent company of Ann Taylor and Loft stores has announced that Linda Heasley, who led the Ascena Group-owned plus-size apparel retailers Lane Bryant and Catherine's, has left the company. Heasley had served as president and CEO of Ascena's Plus...
Hugo Boss shares jumped as much as 10% this Monday morning once the company announced its 2016 operating profit would fall less than expected. Thanks to a 4Q sales recovery boosted by strong sales in China and Britain. Operating profit...
Ascena Retail Group, owner of Ann Taylor, Maurices, Dress Barn and Lane Bryant did not have happy holiday season as the retailer reported discouraging sales on Tuesday. “We were disappointed by our overall holiday performance” Ascena's President and CEO David Jaffe...
Protectionism tax policies aimed at creating a US positive balance of trade are being flirted with by Republican lawmakers. So it is happening again, this time with a larger “umph”. President-elect Donald Trump and the GOP are planning to use...
Mulberry, the British fashion retailer, has seen a jump in profits, as the company reported their retail sales have risen. Market Watch reported that for ten weeks up until Dec. 5, their profits had risen 4 percent. Their pretax profit...
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