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Casual

  • Big and tall retailer finds fit with DXL format

    Destination XL Group is seeing strong same store sales growth from its stores branded as DXL as it continues to shift away from the smaller footprint Casual Male concept.

    Destination XL Group, which bills itself as the largest omnichannel specialty retailer of big and tall men's apparel, said its total same store sales increased 3.1%, but its 137 DXL stores open for more than 13 months grew comps 8.9%.

  • Ross Stores names Bernie president, not that Bernie

    Leading off price apparel retailer Ross Stores is feeling the “Bern,” and named long time merchant Bernie Brautigan to the role of president of merchandising.

    Brautigan previously served as Ross Stores’ group executive vice president of merchandising since 2014. He will continue to report to Ross CEO Barbara Rentler in his new role and be responsible for the ladies apparel businesses, children's, shoes, and accessories.

  • Ross Stores names veteran merchant as merchandising president

    Leading off-price apparel retailer Ross Stores has named long time merchant Bernie Brautigan to the role of president of merchandising.

    Brautigan previously served as Ross Stores’ group executive vice president of merchandising since 2014. He will continue to report to Ross CEO Barbara Rentler in his new role and be responsible for the ladies apparel businesses, children's, shoes, and accessories.

  • Profit rises 14% at Children's Place in Q4

    The Children's Place posted strong same-store sales for the fourth quarter as the children’s clothes retailer also released an upbeat forecast for the year.

    For the fourth quarter ended Jan. 30, net sales increased 4% to $498.5 million. Same store sales increased 6.7%. Net income was $17.5 million, or 87 cents per diluted share, in the fourth quarter of 2015, compared to net income of $17 million, or 79 cents per diluted share, the previous year.

  • Retail doldrums drag down The Buckle

    Sales at teen retailer The Buckle slowed down over the holiday quarter, as a steep decline in comps negatively affected revenue.

  • Teen apparel retailer on hunt for a CFO

    American Eagle Outfitters announced that Mary Boland, chief financial and administrative officer, plans to retire effective April 1, 2016.

    The retailer is currently conducting an active search for a successor.

    In the interim, Scott Hurd, American Eagle’s chief accounting officer, will lead the day-to-day management of the finance team and assume the role of interim CFO.

  • TENANT TREND #3: ATHLEISURE

    Lululemon athletica and Athleta, a subsidiary of Gap Inc., are not new concepts. But they are part of one of fashion’s hottest trends: “athleisure.”

    Specializing in trendy activewear designed for the gym and beyond, athleisure concepts are finding their way into all kinds of shopping destinations — giving lululemon and Athleta increasing competition. Here’s a rundown of some other retailers currently in the game:

  • American Eagle improves performance by refining footprint and merchandise

    American Eagle Outfitters didn’t exactly soar in the fourth quarter, but its low single-digit same-store sales increase was better than most and benefitted from recent store closures.

    Total company sales increased 3% to $1.11 billion and same store sales grew 4% after a flat performance in the fourth quarter the prior year. Earnings per share increased 17% to 42 cents from the 36 cents earned from continuing operations the prior year. The company expects its first quarter same store sales to increase in the mid-single digits.

  • Abercrombie turnaround continues with 30% jump in Q4 profit

    Abercrombie & Fitch's efforts to attract more shoppers with a better store experience and updated merchandise mix are paying off as the retailer reported an unexpected increase in same-store sales and a 30% increase in profit for the fourth quarter.

    Abercrombie said overall same-store sales rose 1% in the quarter ended Jan. 30, the first gain in the metric since the third quarter 2012. Analysts on average were expecting a decline of 0.10%. The gain in same-store sales was driven by a 4% increase in the Hollister division.

  • Macy’s partners with Olympian Shaun White on clothing line

    Macy’s and Shaun White have joined forces to create a new and exclusive menswear line that reflects White’s adrenaline-pumping, eclectic style.

    The Gold Medal snowboarder and skateboarder has ended his eight-year partnership with Target and will launch a new collection, called WHT SPACE, at Macy's. The collection will consist of fashion-forward staples that are highly wearable and capture the faster sides of White’s style. The limited-time collection will be available in approximately 175 Macy’s stores and on macys.com in mid-June.

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