Lower Costs Ease Dillard’s into Better-Than-Expected Q2 Profit

Dillard's store

Little Rock, AR—Dillard’s Inc. reported Wednesday a second quarter profit increase that beat analysts’ estimates as the department … [Read more...]

H&M’s July Comp Sales Stumble

H&M is inviting consumers to its Paris Show Collection preview at a special pop up store in New York, August 22 to 24 at
. Gansevoort Plaza on Gansevoort St. (between Hudson and 9th Ave.)

Stockholm—U.S.-based retailers aren’t the only ones reporting softening sales. H&M, the world’s second largest fashion … [Read more...]

Macy’s Inc. Lowers Full Year Outlook on Disappointing Q2 Results

Macy's Inc.

New York—Macy’s Inc. today reported “disappointing” second quarter earnings with weaker-than-expected profits. The department … [Read more...]

Turnaround Costs Push Caché into Q2 Loss

New LBD from Cache's fall collections

New York—Costs of its turnaround efforts cut into Cache Inc.’s latest earnings, pushing the specialty retailer into a second … [Read more...]

The Controversial William Ackman Leaves JCPenney’s Board

Bill Ackman

Plano, TX—In an effort to calm the riff that erupted publicly among JCPenney’s board of directors, William Ackman, the activist … [Read more...]

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?


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...]