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  • Mother Nature flattens Chico FAS Q1 same store sales

    FORT MYERS, Fla. — Chico FAS's comparable sales for the first quarter ended May 4 were flat compared to a nearly 10% increase in last year's first quarter, thanks to an unusually cool spring and the cycling of strong comparable sales last year.

  • Despite Q1 net sales decrease, Wet Seal has positive outlook

    FOOTHILL RANCH, Calif. — The Wet Seal’s CEO focused on the positive following the company’s first quarter results for the period ended May 4.

  • Former Hampshire Group exec heads to Haggar

    DALLAS — Haggar Clothing Co. has appointed Don Schneider as the company's VP director of sales. He will report to Tadd Parnell, SVP national sales manager.

    Hagger will look to Schneider to lead the company's continued growth and management of its top national accounts, with special focus on Haggar dress shirts and sweater collections and the Haggar C18 golf collection.

  • Children's Place sales, profit down in Q1

    Secaucus, N.J. -- The Children's Place Retail Stores said Thursday that net income for the first quarter dropped to $19.3 million, from $28.3 million in the year-ago period.

    Revenue declined 3.5% to $423.2 million, compared to $438.5 million last year, and same-store sales fell 5.5%.

     

  • Rue21 to be acquired by Apax Partners in $1.1 billion deal

    New York -- Rue21 shareholder Apax Partners will acquire the teen apparel retailer in a deal valued at about $1.1 billion. The private equity firm, which has a 30% stake in rue21, also owns Cole Haan and Takko Fashion as part of its retail portfolio.

    Rue21 said it has set up a special committee of independent directors to solicit and evaluate higher bids during a 40-day go-shop period.

     

  • Eddie Bauer’s Arnot achieves new heights

    BELLEVUE, Wash. — Eddie Bauer first ascent guide Melissa Arnot summited Mt. Everest for the fifth time, the most of any woman in history. Arnot's celebratory summit falls only weeks after the 50th anniversary of the 1963 expedition outfitted by Eddie Bauer that marked the first American summit of the mountain by Jim Whittaker and his Sherpa partner, Nawang Gombu, and later by Tom Hornbein and Willi Unsoeld via the West Ridge.

  • Judge weighs injunction against Abercrombie & Fitch over store accessibility

    Denver -- A federal judge in Denver is considering an injunction after ruling that nearly 250 Abercrombie & Fitch stores, including its namesake and Hollister banners, are unfriendly to the disabled, the Associated Press reported.

    The judge agreed in March with the Colorado Cross-Disability Coalition that the stores limited access for wheelchair-bound customers.  He said the only option under the Americans With Disabilities Act is an injunction ordering the problems to be fixed, the report said.

  • Men’s Wearhouse delivers in-store experience via email

    CAMBRIDGE, Mass. — Men’s Wearhouse is looking to CQuotient to help it develop email campaigns tailored to individual shoppers at its brick-and-mortar stores and e-commerce sites.

    The announcement comes just a week after the specialty retailer launched a revamped version of its flagship online site. 

  • Cache loss widens in Q1

    New York -- Cache reported Tuesday a loss of $18.5 million for the first quarter, widened from a loss of $1.2 million in the same quarter last year. An income tax provision of $10.2 million and employee separation costs were cited as reasons for the worsened performance.

    Revenue declined 5% percent to $53.5 million from $56 million, and same-store sales dipped 1.5%.

     

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