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

Holiday Hires on the Increase at Macy’s Inc.Too

Holiday help at Macy's

New York—The nation’s stubbornly high unemployment rate may see some easing the next couple of months thanks to an increase in … [Read more...]

Wet Seal Board, Activist Investor Step Up War of Words


Foothill Ranch, CA—No resolution appears in sight in the proxy battle at Wet Seal that has pitted the young women’s retailer’s … [Read more...]

H&M Misses Q3 Forecast, Delays U.S. E-Commerce Start

Singer Lana del Ray is the face of H&M's fall campaign.

Stockholm—H&M missed its third quarter profit forecast and reported today that it will delay the launch of its U.S. e-commerce … [Read more...]

JCPenney’s Next Big In-Store Initiative: Supporting Breast Cancer Research Foundation


Plano, TX—JCPenney is making sure its support of breast cancer research doesn’t get lost in all the conundrum surrounding its Fair … [Read more...]

Proxy Advisers Reject Wet Seal Activist Investor’s Board Plan

Wet Seal

Foothill Ranch, CA—Citing reports by two leading independent proxy advisers, Wet Seal Inc. urged shareholders again Tuesday to … [Read more...]

First Gap Outlet Stores to Open in China

Gap Outlet

San Francisco—Heralded as the second largest apparel market in the world, China has been the cornerstone for many international … [Read more...]

Ascena Q4 Profit Drops Due to Charming Shoppes’ Acquisition Costs


Suffern, NY— net income of $1.6 million, or 1 cent a share, down from $28.2 million, or 18 cents a share, a year … [Read more...]

Inditex’ First Half Profit Jumps on Fast Fashion Successes

Image from Massimo Dutti's fall ad campaign. The upscale division of Inditex opens its first U.S. stores at 689 Fifth Avenue next month.

La Coruna, Spain—Continued demand for its fast fashions and increased merchandise offerings online helped push Inditex, parent to … [Read more...]

Study: Retail Fraud Taking a Greater Financial Toll

Credit cards

Atlanta–In the Fourth Annual LexisNexis True Cost of Fraud Study released Tuesday, researchers found that the cost of fraud is on … [Read more...]

Kohl’s To Hire 10% More Seasonal Employees This Year


Menomonee Falls, WI—Kohl’s provided some optimism for the upcoming holiday shopping season with its announcement today that it … [Read more...]

Gap Appoints H&M Veteran to Top Design Post

Gap logo

San Francisco--Gap Inc. named a veteran of Swedish retailer H&M as its head of global design and creative director for its Gap … [Read more...]

Report: Abercrombie & Fifth Hired Goldman Sachs to Seek “Strategic Alternatives”

Customers leave an Abercrombie & Fitch store at South Park mall in Charlotte.

New Albany, OH—Abercrombie & Fitch has reportedly retained Goldman Sachs to help it seek “strategic alternatives.” The move … [Read more...]