Toronto—Hudson’s Bay Company, owner of Hudson’s Bay, Lord & Taylor and Home Outfitters, today announced a new executive … [Read more...]
Retailing
JCPenney Reinstates Dress Code for Associates
Plano, TX—Myron “Mike” Ullman, the interim chief executive who returned to steer JCPenney after the disastrous tenure of Ron … [Read more...]
Gilt.com Opens Designer Outlet in Louisville, Kentucky
New York—Gilt, www.gilt.com, the online shopping destination, will open its first-ever designer outlet in Louisville, Kentucky. … [Read more...]
Mangano, Iman Collaborate on Record Sales-Setting Bags at HSN
St. Petersburg, FL—It would seem an unlikely match: the impresario behind broadcast bestsellers such as Huggable Hangers and the … [Read more...]
Inditex Q1 Results Weakest in Four Years
Madrid—Inditex, which bills itself as a biggest fashion retailer in the world, today reported first quarter results that were … [Read more...]
Hudson’s Bay Co. Narrows Q1 Loss Despite L&T Sales Miss
Toronto—The Hudson’s Bay Company, which operates chains in Canada and Lord & Taylor in the United States, today reported … [Read more...]
Lululemon Shares Plunge on CEO’s Resignation
Vancouver—Although Lululemon Athletica posted Monday first quarter results that beat analysts’ estimates, the sporting-wear … [Read more...]
Ever Expanding, Mango’s 2012 Profit Jumps 79%
Barcelona—Mango, the Spanish apparel and accessories brand, reported this week its full year net profit, which jumped by some … [Read more...]
H&M Taps Isabel Marant for Fall
Stockholm—H&M is showing it still has what it takes to create a high-low fashion collection. The fast-fashion retailer which … [Read more...]
Report: 8 in 10 Retailers Say Organized Retail Crime Is Increasing
Washington–Increasingly sophisticated organized retail crime gangs—who steal billions of dollars worth of merchandise each … [Read more...]
Margins, Expenses Put Squeeze on J. Crew’s Q1 Profits
New York—Despite an increase in sales, J. Crew Group reported Thursday that its first quarter profit fell 4.5% due to weaker … [Read more...]
Boasting Better Sales, Christopher & Banks Swings into Q1 Profit
Plymouth, MN—Saying that its turnaround strategy seems to be working and customers are responding well, Christopher & Banks … [Read more...]
