Chico’s to Close 120 Stores; Takeover Plans Abandoned

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Fort Myers, FL—Chico’s FAS said today it plans to shutter 120 stores by 2017, and slow down opening new stores. The women’s … [Read more...]

Iconix Q4 Profit Down; But Outlook Up

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New York—Iconix Brand Group Inc. reported today its fourth quarter profit was down 9% but looking ahead the brand licensing … [Read more...]

Target Swings into Q4 Loss on Exit from Canada, But Sales Increased

Shopping carts are stacked inside a Target store in Dallas

Minneapolis—Target Corp. reported today that it swung into a fourth quarter loss, hurt by a major loss from its exit from Canada. … [Read more...]

Macy’s Inc. Issues Weak Outlook as It Invests in New Initiatives

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Cincinnati—Talking up its new endeavors, such as an off-price chain, Blue Mercury, omnichannel selling etc., Macy’s Inc. today … [Read more...]

Steven Madden Q4 Profit Drops But Better-Than-Expected

Founder Steve Madden to appear on HSN tonight to talk trends and the Brice platform

Long Island City, NY—Noting a lack of footwear trends in the market, Steve Madden Ltd. reported a fourth quarter earnings and … [Read more...]

Dillard’s Q4 Profit Up 10% on Better Margins

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Little Rock, AR—Dillard’s Inc. reported today its fourth quarter earnings were up 10% thanks to fewer markdowns and better gross … [Read more...]

Retailers Welcome West Coast Port Contract Agreement—Finally!

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Los Angeles—The 29 West Coast Ports, which account for most of the incoming Asian container imports, were back to a semblance of … [Read more...]

Saint Laurent Sales Boost Kering Q4 as Gucci Stalls

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Paris—Kering SA reported Tuesday that its fourth quarter revenue rose as its Saint Laurent brand saw a sales increase while its … [Read more...]

Item of the Day: Goldgenie

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If by chance you missed out on a swinging Valentine’s Day, then we hope you’re out celebrating tonight. What with the start of … [Read more...]

Obama Sends Labor Secretary to Intervene in Stalled West Coast Port Talks

Labor Secretary Tom Perez with President Obama

Washington—After months of haggling and stalls over a new labor contract at the nation’s 29 West Coast ports, which account for … [Read more...]

Item of the Day: Claddah Ogham “Luck” Pendant

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“Can we celebrate Valentine’s Day the day before, Friday the 13th is more fitting,” cracks one of those irreverent Somecards that … [Read more...]

V.F. Posts 4Q Profit, Sales Increase, But Misses Estimate

Timberland's MarkMakers:four creative, inspired and driven individuals making noise in their respective fields.

Greensboro, NC—VF Corp., parent to North Face, Timberland and Wrangler etc., reported today improved sales and profits in its … [Read more...]