LVMH Drops Appeal of Fine in Hermès Stake Dispute


Paris—It seems LVMH, the world’s largest luxurygoods conglomerate, would rather pay a multi-million dollar fine, than fight.In … [Read more...]

Hermès First Half Profit Up 14.9%, Beating Forecasts

Hermes Handbag and accessories

Paris—Bolstered by sales increases of its luxurygoods across the world, Hermès International today reported its first half profit … [Read more...]

Despite Sales Increase, PacSun Q2 Results Disappoint

New arrivals at PacSun

Anaheim, CA—Shares of Pacific Sunwear of California Inc. were down 9% in after hours trading Thursday following the brand’s … [Read more...]

Bebe Stores Q4 Loss in Line with Estimates


Brisbane, CA—Bebe Stores ended its fiscal 2013 year with a loss in line with estimates and was “encouraged” by advances in its … [Read more...]

Shoe Carnival Q2 Earnings Up, But Q3 Outlook Below Estimate

Back to school styles at Shoe Carnival

Evansville, IN—Shoe Carnival Inc. said Thursday that its second quarter earnings met expectations, but gave a conservative outlook … [Read more...]

Ferragamo First Half Profit Jumps 81%

From Ferragamo's fall ad campaign

Florence, Italy—Salvatore Ferragamo reported today that its first half profit jumped 81% thanks to improved sales and its … [Read more...]

Guess Q2 Beats Estimates on Cost Controls

Guess is seeing red for fall

Los Angeles—Bucking a generally soft second quarter for most apparel retailers, Guess Inc. reported Wednesday better-than-expected … [Read more...]

Chico’s Q2 Profit, Sales Hit by Promotions, Lower Traffic

Shine in Chico's fall fashions

Fort Myers, FL—Increased promotions and lower traffic ate into Chico’s FAS Inc.’s second quarter profit, which was down 18%, … [Read more...]

Promising Year for Express as Q2 Profit, Sales Increase


Columbus, OH—In an retail earnings season that has largely proved disappointing, Express Inc. today reported a 6.8% rise in its … [Read more...]

Wet Seal Swings into Q2 Profit on Better Margins, Lower Expenses

The launch of Wet Seal + Plus in 36 stores and online was reportedly a success.

Foothills Ranch, CA—Wet Seal Inc., which had initiated cost-cutting measure earlier this year, reported Tuesday that its swung … [Read more...]

After Selling Majority Stake, William Ackman Finally Departs JCPenney

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

New York—After a controversial and often contentious tenure as JCPenney’s largest shareholder and member of its board of … [Read more...]

Tiffany Q2 Profit Up 16% Bolstered by Demand in China

Atlas open pendant in 18K white gold with diamonds

New York—Citing continued strong demand in China, Tiffany & Co. today reported that its second quarter profit rose 16%. Sales … [Read more...]