LVMH Hits New Heights as 2014 Profit Rises 64%

Photographer Bruce Weber shot actress Jennifer Connelly for the Louis Vuitton SERIES 2 Spring 2015 campaign.

Paris—LVMH enjoyed a record high in shares today after reporting Tuesday that its luxurygoods sales were higher than expected last … [Read more...]

Deckers Shares Recover After Falling on Q3 Profit, Sales Miss

Super Bowl-winning quarterback Tom Brady is one of UGG brand's ambassadors

Goleta, CA—Shares of Deckers Brands recovered some today after the footwear company’s stock plunged 14% on Friday following a … [Read more...]

HanesBrands Q4 Profit Jumps 49% as Sales Cross Category Rise

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Winston Salem, NC—HanesBrands Inc. said Thursday that its fourth quarter earnings beat estimates helped by acquisitions and … [Read more...]

Coach Q2 Earnings Slide Again; Executives Shifts Announced

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New York—Coach Inc. today reported that its second quarter profit and sales fell but its turnaround is starting to take hold. The … [Read more...]

H&M Q4 Profit Rises, Plans 400 New Stores This Year

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Stockholm—Fast-fashion retailer H&M today reported that its fourth quarter earnings rose 17% as sales increased but the figure … [Read more...]

Muted Northeast Blizzard a Relief for Retailers?

Even the normally bustling Times Square was eerily quiet Monday night as the storm hit

New York—There’s one retail segment that probably hopes for a few winter blizzards of the scope of Juno, the super snowstorm, that … [Read more...]

Stumbling Block in West Coast Port Talks Reportedly Solved

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Los Angeles—After six months of haggling and stalled negotiations, a new contact agreement for dockworkers at West Coast ports … [Read more...]

HanesBrands to Invest $1.5M to Expand U.S. Sheer Hosiery Factory

Hanes Silk Reflections Animal tights

Winston-Salem, NC—HanesBrands, makers of sheer hosiery and legwear under Hanes, L’eggs, Just My Size and other brands, announced … [Read more...]

Family Dollar Shareholders Approve $8 Billion Merger with Dollar Tree

Family Dollar's logo, nameplate to remain the same

Chesapeake, VA—After nearly six months of a bidding war, shareholders at Family Dollar Stores approved an $8 billion merger deal … [Read more...]

Struggling Wet Seal Files for Bankruptcy Protection

Wet Seal

Foothills Ranch, CA—Following new that it would be closing 338 stores and laying off some 3,700 employees, Wet Seal Inc. filed for … [Read more...]

Target CEO Pulls Plug on Canadian Division

Target Canada

Minneapolis—After taking more than two years and forking over some $1.6 billion, Target today said it would be pulling out of its … [Read more...]

Hong Kong Protests Dampen Burberry’s Asian Sales Gains

Campaign stars Naomi Campbell and Jourdan Dunn wearing Burberry Prorsum for the Spring/Summer 2015 campaign

London—The pro-democracy activists who camped out in Hong Kong’s main business district for two months to bring attention to their … [Read more...]