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Seasonal

  • Positive performance for Ann brands in Q1

    NEW YORK — Ann Inc. reported total net sales for the quarter of $575 million, a 2.5% increase from $560 million in the first quarter ended May 4.

    By brand, net sales across all channels of the Ann Taylor brand totaled $219 million for the quarter, a nearly 4% increase from $212 million in the first quarter of 2012. At the Loft brand, net sales across all channels were $355 million for the quarter, a 2% increase $348 million in the first quarter of 2012.

  • Cold weather chills Ann Q1 profit

    New York -- Ann Inc., which runs the Ann Taylor and Loft,  reported that its fiscal first-quarter net income dropped 27%, as unseasonably cold weather held back sales of spring and summer clothing and led to discounts. The retailer also cut its revenue outlook for the year.

  • Recent acquisitions bolster Ascena’s Q3 results

    SUFFERN, N.Y. — Lower-than-expected foot traffic driven in part by unseasonably cold weather was not enough to negatively impact Ascena Retail Group’s net sales for the third quarter ended April 27, which were bolstered by the recently acquired Lane Bryant and Catherines businesses.

  • Jos. Bank’s Q1 profit down 45%

    Hampstead, Md. -- JoS. A. Bank Clothiers’ net income for the first quarter of fiscal year 2013 fell 45% to $8.1 million, down from $14.8 million for the first quarter of fiscal year 2012.

    Total sales for the first quarter decreased 2.6% to $196.1 million from $201.4 million in year-ago period.

  • Cold weather chills Jos. Bank’s Q1 results

    HAMPSTEAD, Md. — JoS. A. Bank Clothiers’ reported net income for the first quarter of fiscal year 2013 of $8.1 million, a 45% fall from $14.8 million for the first quarter of fiscal year 2012.

    Total sales for the first quarter decreased 2.6% to $196.1 million from $201.4 million in year-ago period.

  • Macy’s launches Pride + Joy campaign

    NEW YORK — In commemoration of National LGBTQ Pride month, Macy’s and its employees will participate in 23 Pride parades, hold in-store events nationwide celebrating diversity and offer special merchandise to help support the fight for LGBTQ equality.

  • Neiman Marcus has strong third quarter

    Dallas – Neiman Marcus had a strong third quarter fiscal 2013, reporting a substantial increase in net earnings as well as growth total revenues and same store sales.

    Net earnings grew 13% compared to third quarter of last year, from $62.6 million to $70.8 million from $62.6 million.

    Total revenues increased 4%, from $1.06 billion to $1.1 billion.

    Same store sales grew 3.6%.

     

  • Survey: Father’s Day 2013 sales to reach $13 billion

    New York -- Research released by IBISWorld showed that Father’s Day sales are forecast to total $13 billion in 2013, a 2% year-over-year increase. Results are expected to get a boost from the overall rise in consumer spending.

    Special outings, such as dining out and watching sporting events, are expected to account for the largest share of Father’s Day spending this year, contributing 18.8% of total holiday sales, up 3.5% from 2012.

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