Consolidated same store sales increased by 0.5 per cent while while consolidated net sales dipped $11million. Toys R Us has reached an agreement to refinance its 2017 notes and a portion of its 2018 maturities amid a mixed bag of ...
Tags: Toys R Us, financial results
Net sales at clothing retailer American Apparel tanked 17.2 per cent year over year for the second quarter ended June 30, 2015. In the three months to June 30, 2015, net sales dipped 17.2 per cent to $134.4 million from $162.4 million for ...
Tags: apparel, apparel sale, apparel development
Belgium based women’s lingerie retailer Van de Velde reported a 6.0 per cent year over year sales hike in the first half of 2015 ended June 30, 2015. An interim report informed that its turnover rose 6.0 per cent from €107.0 ...
In order to shore up its topline and bottomline, clothing retailer American Apparel has announced the next phase of its strategic turnaround plan. “This plan includes a redesigned fall merchandise line, approximately $30 million in ...
Tags: American Apparel
For its second fiscal quarter ended December 27, 2014, sales drove down 14 per cent from a year earlier quarter at Coach Inc, a New York design house of modern luxury accessories and lifestyle collections. Coach said it reported sales for ...
Halfords boss Matt Davies will take up role in June, while Tesco plans for 43 store closures and consolidation of head office locations. Retail giant Tesco has seen an improved performance over Christmas, with UK like-for-like sales ...
Tags: Christmas, store management, Toys
Specialty womenswear retailer, The Wet Seal said it was closing 338 retail stores or around 66 per cent of its store count, effective on or about January 7, 2015. The apparel retailer decided to close the stores after assessing its ...
For the third fiscal quarter ending November 1, 2014, retailer, Sears Holding Corp reported a marginal drop in net loss vis-a-vis the quarter ended November 2, 2013. Net loss at Sears totalled $548 million or $5.15 loss per diluted share ...
Tags: Sears Holdings, Apparel
Women’s apparel company and NYSE listed, Ann Inc, which manages Ann Taylor and Loft brands, cut its sales outlook for the third and fourth fiscal quarters of 2014, as well as the full fiscal year. Struggling with weak traffic and a ...
Higher product clearance promotions drove down gross margin in the first fiscal quarter ended October 27, 2014, at women’s apparel retailer and NASDAQ listed, Bebe Stores. Bebe Stores said gross margin from continuing operations as ...
Crocs, Inc. hit reverse Tuesday, saying it will trim its product line, close stores, cut back on direct investment overseas and focus on efficiency. The latest restructuring plan coincided with release of the company’s financial ...
Tags: Crocs, Stores, Sporting Goods
bebe stores, inc. announced that based on its preliminary financial results, the Company is updating its net loss per share guidance for the fiscal third quarter ended April 5, 2014. The Company expects to report actual fiscal third quarter ...
Tags: Bebe Stores
Dollar General Corporation reported record sales, operating profit and net income for its fiscal 2013 fourth quarter (13 weeks) and full year (52 weeks) ended January 31, 2014. Highlights: -Full Year Sales Increased 9.2%; Full Year ...
Tags: Apparel
Christopher & Banks Corporation, a specialty women’s apparel retailer, announced updated financial expectations for its fourth fiscal quarter ending February 1, 2014. Same-store sales to be flat or slightly up on a year-over-year ...
Tags: women's apparel, Christopher&Banks, financial expectations