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  • Sales no bright spot for PacSun

    ANAHEIM, Calif. -- Pacific Sunwear of California announced that total sales for the fourth quarter of fiscal 2010 were $263 million, a decrease of 10% from total sales of $293 million for the fourth quarter of fiscal 2009. Total company same-store sales decreased 7% during the fourth quarter of fiscal 2010.

    The company reported a net loss of $35 million, or 53 cents per share, for the fourth quarter of fiscal 2010 compared with a net loss of $36 million, or 56 cents per share, for the fourth quarter of fiscal 2009. 

  • Destination Maternity opens 10th store in the Middle East

    Philadelphia -- Destination Maternity Corp. said Wednesday that it has opened a 10th Destination Maternity store in the Middle East, this one located in Discovery Center, in Kuwait.

  • Levi's finds the right fit for women's division

    SAN FRANCISCO  -- Levi's announced it has appointed Laurie Etheridge as the global lead of women's merchandising and design.  As SVP women's merchandising and design for the Levi's brand, Etheridge will be responsible for the design, development and merchandising of all of Levi's women's product categories across all its regions. Etheridge joins the company from Perry Ellis International where she leads merchandising and design for women's global fashion brands, including Jantzen, Jag, Perry Ellis and Southpoint.

  • Children's Place names international business development head

    Secaucus, N.J. -- The Children's Place Retail Stores said Wednesday it has appointed James Bruce Marshall as senior VP and managing director, International Business Development, effective March 24. He will report directly to Jane Elfers, president and CEO.

    Marshall was previously senior VP and managing director international development and operations, for Claire's Stores, where he was responsible for joint venture and franchise operations across 23 countries.

  • PacSun losses continue in Q4

    Anaheim, Calif. -- Pacific Sunwear of California announced that total sales for the fourth quarter of fiscal 2010 were $263 million, a decrease of 10% from total sales of $293 million for the fourth quarter of fiscal 2009. Total company same-store sales decreased 7% during the fourth quarter of fiscal 2010.

    The company reported a net loss of $35 million, or 53 cents per share, for the fourth quarter of fiscal 2010 compared with a net loss of $36 million, or 56 cents per share, for the fourth quarter of fiscal 2009.

  • Children's Place gets new head designer

    SECAUCUS, N.J.  -- The Children's Place Retail Stores has announced the appointment of Michael Giannelli as SVP design, effective March 28, 2011. He will report to Natalie Levy, EVP merchandising and design.

    Giannelli spent 18 years with Gap Inc., culminating in his appointment as VP Gap Body. For 12 years of his tenure with the company, he designed children's apparel and non-apparel for Gap Kids and Baby Gap. Most recently, Giannelli held the position of SVP design for Ann Taylor Loft. 

  • Aeropostale Q4 profit slips 13%, 50 new stores on tap in 2011

    New York City -- Aeropostale's fourth-quarter profit slid 13% amid weaker gross margins and falling same-store sales. For the quarter ended Jan. 29, the chain posted a profit of $83.8 million, down from $96.6 million a year earlier.

    Revenue increased 5% to $839.3 million, from $801.2 million in the year-ago period. Same-store sales decreased 3%.

    For the full year, net sales increased 8% to $2.4 billion, from $2.23 billion a year earlier. Same-store sales inched up 1%.

  • CEO at AEO to go

    PITTSBURGH – Shortly after reporting a 16% increase in continuing operations for its fourth quarter ended Jan. 29, American Eagle Outfitters, announced that its CEO, James O’Donnell, has informed the board of directors of his intention to retire, and the company has initiated a succession process to be jointly led by O’Donnell and the board. American Eagle said O’Donnell will continue with the company as CEO until a successor is named and through an orderly transition period.

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