Reports

Accessories magazine’s Annual Census Report; industry statistics; retail earnings

Target Speeds Up Exit from Canada

Target Canada

Toronto—Target Corp. has expedited its exit from the Canadian market.Working on a schedule that should see all 133 stores in … [Read more...]

Belk Q4 Profit Rises on Strong Holiday Sales

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Charlotte, NC—Belk Inc. posted an 8.4% rise in its fourth quarter profit aided by a big increase in its holiday sales.For the … [Read more...]

Lulelemon Q4 Profit Up as Sales Surge, but Outlook Disappoints

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Vancouver--Lululemon Athletica Inc. said its fourth quarter income rose as sales surged 16% from a  year ago, reflecting what the … [Read more...]

SEC Begins Formal Investigation into Ex-CEO Dov Charney

Dov Charney, found and controversial leader at American Apparel

Los Angeles--The Securities and Exchange Commission (SEC) has launched a formal investigation into the conduct of Dov Charney, … [Read more...]

Christopher & Banks Q4 Shows Improvement Despite Earnings Miss

Spring Look at Christopher & Banks

Plymouth, MN—Despite a decline in its sales, Christopher & Banks Corp. reported Tuesday that it swung into a fourth quarter … [Read more...]

H&M Q1 Profits Jump, 400 New Stores to be Added This Year

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Stockholm—H&M, the world's second-biggest fashion retailer, reported today a better than expected first quarter pretax profit. … [Read more...]

Whistleblower Says JCPenney Overcharged Customers

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St. Petersburg, FL--Former JCPenney employee Robert Blatchford has filed a claim against the retailer under the State of Florida’s … [Read more...]

Tiffany Q4 Sales Fall for First Time in 5 Years

Tiffany

New York—Tiffany & Co. today reported that its fourth quarter sales fell for the first time in five years. While the luxury … [Read more...]

Tourneau Opens Bryant Park Store

Tourneau Bryant Park-3

New York—Right along with the watch news pouring out of BaselWorld in Switzerland, Tourneau, the largest U.S. watch retailer, … [Read more...]

Target’s Payout: $10 Million in Data Breach and Minimum Wage Increase

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Minneapolis—Target Corp. is paying out big time. The mass merchant agreed to pay $10 million to settle a class-action lawsuit over … [Read more...]

Versa Capital Wins Bid to Acquire Bankrupt Wet Seal Assets

Wet Seal

Philadelphia—Private equity firm Versa Capital Management got the go-ahead Wednesday from a Delaware bankruptcy judge to continue … [Read more...]

Inditex 2014 Profit, Sales Rise; Announces Employee Profit Sharing Plan

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Arteixo, Spain—Inditex, the world’s largest fashion retailer by sales, posted today a 5.2% increase in its 2014 profit driven by … [Read more...]