Industry News

The latest updates from the accessories world

Gap Inc. Q1 Profit Jumps 40%

The Gap

San Francisco--Gap Inc. has raised its earnings guidance for the year ahead after posting a 40% jump in first quarter profit … [Read more...]

Chico’s Doubles Profit in 1st Quarter

Chico's

Fort Myers, FL--Chico's FAS has more than doubled its net income for the first quarter of the year, thanks in part to recovery of … [Read more...]

Target Gets Q1 Profit Boost as Consumers Spend on Non-Essentials

Target Logo

Minneapolis--Target Corp. reported Wednesday that its first-quarter profit rose 29% beating Wall Street expectations an indicating … [Read more...]

Polo Ralph Lauren Eyes Growth as Quarter Surges 153%

Polo Ralph Lauren logo

New York--Polo Ralph Lauren Corporation said Wednesday it is planning "aggressive" growth of its business both in international … [Read more...]

Abercrombie & Fitch Narrows 1st Quarter Loss

Abercrombie & Fitch store

New Albany, OH--Abercrombie & Fitch Co revealed plans Tuesday to step up its international expansion after rising sales helped … [Read more...]

Saks Inc Beats Quarterly Earnings Estimates

Saks Fifth Avenue flagship

New York--Saks Inc (SKS.N) reported a better-than-expected quarterly profits Tuesday as luxury spending rebounded strongly and the … [Read more...]

Walmart Reports 1st Quarter Profit but Cautious About Future

Walmart Logo

Bentonville, AR—Although Walmart  Inc. posted quarterly results Tuesday that beat Wall Street expectations, the world's largest … [Read more...]

NRF: April Retail Sales Show Continued Momentum

Shopping

Washington--Retail sales continued their upward climb in April, showing evidence of a much more confident consumer compared to … [Read more...]

Skechers to Introduce Leathergoods, Belts

SKECHERS

Manhattan Beach, CA—Skechers USA, Inc., the lifestyle footwear brand, announced last week that it has signed a licensing agreement … [Read more...]

Markdowns Widen Cache 1st Quarter Loss

Cache storefront

New York--Moves to slash inventories ahead of the introduction of its new spring lines have weighed on first-quarter sales and … [Read more...]

H&M Sales Up 4% for April

H&M

Stockholm--H&M has posted a 4% increase in sales during April, compared to the same month last year. The retailer, which … [Read more...]

Nordstrom Lifts Full Year Outlook on 1st Quarter Hike

Nordstrom shopping bag

Seattle--Nordstrom Inc. has raised its earnings outlook for the year after posting a 43.8% hike in first quarter profit. The  … [Read more...]

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