Skechers Q3 Profit More Than Doubles on Strong Sales

Skechers

Manhattan Beach, CA—Skechers USA reported Wednesday afternoon that its third quarter profit more than doubled as sales rose across … [Read more...]

Under Armour Boasts 27% Q3 Profit Increase

The new ColdGear Infrared uses a ceramic thermo-conductive inner coating to absorb and retain body heat.

Baltimore—Buoyed by sales of its new thermal apparel and legwear, Under Armour today reported a 27% increase in its third quarter … [Read more...]

Falling Confidence, Sales Reveal Even Affluent Consumers Worried

Luxury Holiday 2013

Stevens, PA—The latest consumer holiday spending report—this one for the nation’s most affluent consumers—may be even more … [Read more...]

ICSC: Retail Sales Picked Up after Shutdown Ended

Shopping

New York—If you think you breathed a sign of relief when Congress finally ended the shutdown and voted a debt ceiling increase, … [Read more...]

Coach Q3 Profit, Sales Hit by Declining U.S. Sales

Coach Head to Toe: Introducing the  Borough Bag, plus new clothing, outerwear,  shoes and accessories.

New York—Coach Inc. saw its shares drop in early trading after the luxury brand reported its first quarter earnings, warning its … [Read more...]

Research Analyst: Holiday Retail “Could Be the Most Challenging” Ever

Christmas SALE

Charleston, SC—While most recent holiday sales estimates predicted a tougher holiday retail season that previously expected, the … [Read more...]

Optimistic about Its Q3, TJX Raises Profit, Sales Forecasts

TJX Cos.

Framingham, MA—While most retailers have pulled back on their third quarter forecasts, only a handful have suggested increasing … [Read more...]

VF Corp. Q3 Profit Up 14%, Beating Estimates

Helena Christensen collection for Kipling, one of VF's brands

Greensboro, NC—VF Corp., parent to Timberland, North Face, Vans etc., reported today that its third quarter net income rose 14% … [Read more...]

U.S. Court Awards Gucci $144.2 Million in Counterfeiting Suit

Status Look: Gucci rethinks the little black dress for fall

Fort Lauderdale, FL—Maybe if more luxury brands filed suit against counterfeiters (and won), there would be a drop in what has … [Read more...]

Shirking Tradition, JCPenney to Open Thanksgiving Day

JCP

Plano, TX—Since the end of ousted CEO Ron Johnson’s tenure earlier this year, JCPenney has been trying to turn around mistakes and … [Read more...]

Retail, Business Leaders Decry Congress’ Actions in U.S. Budget Gridlock

Debt Crisis

Washington—President Obama today took Congress to task over its 11th hour resolution of the government shutdown and lifting the … [Read more...]

Report: Private Equity Firm Makes Bid on Lancel

Lancel

Paris—Even though owner Richemont, the Swiss luxurygoods conglomerate, won’t confirm intended sales, sources said Wednesday that … [Read more...]