Guess to Close North America Stores as Q2 Profit Slides

GUESS Ad: "Denim is never out of season"

Los Angeles--Guess has said it will continue to rationalize its North America store portfolio after revealing a drop in … [Read more...]

DSW Encouraged by Sales Trend Improvement in Q2

dsw

Columbus, OH—DSW said it is encouraged by the sequential improvement in its sales trends in the second quarter reported Tuesday as … [Read more...]

Struggles Continue for Aeropostale as Q2 Profit Falls

aero

New York--Aeropostale has recorded second quarter figures in line with management guidance, but analysts believe the teen apparel … [Read more...]

Bon-Ton Stores Q2 Loss Narrows, Cuts Full Year Outlook

BonTon

York, PA--Bon-Ton Stores has narrowed its net loss slightly in the second quarter.Net loss in the second quarter narrowed to … [Read more...]

Cloud and Mobile IoT “Improve Retail Returns”

theinternet2

Framingham, MA--Cloud- and mobile-based IoT (Internet of Things) technology solutions improve return on investment for retailers, … [Read more...]

Lululemon Athletica Founder Sells 50% of His Stake

Former Lululemon Chairman Chip Wilson

Vancouver—Lululemon Athletica founder Chip Wilson has sold 50% of his ownership in the Canadian yoga wear brand to Advent … [Read more...]

Adidas Cuts Full Year Gross Margin Target

A sneak peek of the adidas Originals by Rita Ora collection modeled by the lady herself. Launches August 21.

Dusseldorf, Germany—Adidas’ share price fell this morning as it cut its full-year gross margin target just a week after lowering … [Read more...]

AAFA Lobbies to Protect First Sale Rule

aafa

Arlington, VA--The American Apparel and Footwear Association (AAFA) is urging U.S. Customs not to proceed with proposed changes to … [Read more...]

Sycamore Tight-Lipped Over Interest in Sears Canada

Sears canada

Toronto—Private equity firm Sycamore Partners has declined to comment on reports it is considering a bid for Sears … [Read more...]

Phoenix Footwear Group Q2 Loss Widens

Pheonix' SoftWalk brand

Carlsbad, CA--Phoenix Footwear Group, maker of Trotters and SoftWalk,  has seen its losses widen during the second quarter, … [Read more...]

Adidas Shares Plunge on FY Outlook Cut

Adidas' special edition ZX Flux exclusively instore

Dusseldorf, Germany--Adidas shares plunged Friday morning after the German company cut its earnings forecast and announced plans … [Read more...]

Puma Q2 Beats Consensus Despite Profit Slide

puma

Herzogenaurach, Germany—Puma delivered a second-quarter performance in line with both analyst and company expectations, despite … [Read more...]