Commerce Dept: July Retail Increases The Largest Since December 2012

Back to School

Washington—Retail sales edged up in July helped by increases in clothing and general merchandise stores, the U.S. Department of … [Read more...]

American Apparel Q2 Loss Widens on Costs, Sales Rise

Back to School style at American Apparel

Los Angeles—American Apparel Inc. reported Monday that its second quarter sales rose, but it posted a wider loss due to … [Read more...]

Battle Lines Between JCPenney Board, William Ackman Growing

William Ackman, hedge fund manager and the founder of Pershing Square Capital, JCPenney's largest shareholder

Plano, TX—Ahead of JCPenney’s second quarter earnings report scheduled for next week, the latest news about the retailer centers … [Read more...]

July Retail Comps Miss—Concern for Back to School Sales?

Summer Clearance Sales

New York—American consumers continued to look for bargains and held off spending on fall and back-to-school purchases in … [Read more...]

Prada’s Half-Year Sales Slow Compared to 2012

Prada Fall 2013

Milan—Prada SpA reported Thursday its first half sales fell to about a third of last year’s as demand for luxurygoods waned in … [Read more...]

JCPenney Steps Up Search for Permanent CEO?

JCPenney

Plano, TX—After seeing its shares plummet on Wednesday to their lowest in more than 12 years, JCPenney saw its shares jump nearly … [Read more...]

Fifth & Pacific Q2 Loss Narrows But Still Misses Estimates

kate spade new york

New York—Fifth & Pacific Cos Inc. today reported a narrowed second quarter loss helped by a double-digit sales increase at … [Read more...]

Tod’s First Half Profit Up on Sales Increase in Americas, Asia

Tod's for Fall: Calf hair Gommino moccasins in animal print

Milan—Tod’s reported Wednesday that its second quarter earnings grew, boosted by its two key brands and a double-digit sales rise … [Read more...]

JCPenney Again Denies Rumors as Shares Take a Hit

JCPenney

Plano, TX—Shares of JCPenney took another beating today as the beleaguered department store once again had to quash rumors that it … [Read more...]

Ralph Lauren Q1 Profit Falls on Slowed Sales

Ralph Lauren Safari

New York—Ralph Lauren Corp. today reported a lackluster first quarter where earnings and sales results were hit by unfavorable … [Read more...]

Report: Neiman Marcus Hired Banks to Lead IPO

Neiman Marcus

Dallas—The owners of Neiman Marcus Group moved closed this week to launching a purported initial public offering of the luxury … [Read more...]

Michael Kors Q1 Profit Up 82%, Sales Up 55%

MICHAEL Michael Kors
large Tippi pebbled satchel

New York—When you’re hot, you’re hot. No fashion company is experiencing that phenomenon more today than Michael Kors Holdings, … [Read more...]