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Apparel

  • Dick's Sporting Goods scores with omnichannel

    Dick's Sporting Goods says its focus on omnichannel retailing is yielding fruitful results, as the company reported an increase in profit and sales for the second quarter.

    Dick’s reported net income of $90.8 million, or 77 cents per share, up from $69.5 million, or 57 cents per share, a year ago. That beat Wall Street’s average EPS estimate of 75 cents. Net sales were $1.8 billion, up 8% from $1.7 million during second-quarter 2014. Same-store sales for Dick’s Sporting Goods rose 1.5%.

  • Abercrombie names new brand leadership team

    New Albany, Ohio - Abercrombie & Fitch Co. has named a new brand leadership team the retailer hopes will collectively help drive the Abercrombie brand forward.  

    The new brand leadership team includes the following executives:

    • Stacie Beaver, general manager for Abercrombie Womens. Having held a variety of senior positions at Abercrombie for more than 15 years, Beaver most recently led the Bottoms business for men and women across Hollister and Abercrobmie.
     

  • Study: Amazon prices can be beat

    New York – Amazon.com provides a customer value proposition of convenience and the lowest prices. According to new analysis from managed analytics provider Ugam, competitors at least have a chance to beat Amazon on prices of some items.

    Ugam conducted assortment intelligence analysis of two key sporting goods categories, identifying gaps in Amazon’s merchandising assortment and confirming that the retail giant doesn’t always have the lowest price on the most sought-after products.
     

  • American Apparel has uncertain future

    Los Angeles – American Apparel Inc., which warned shareholders of poor second quarter results last week, had more bad news this week. In addition to reporting growing net loss and shrinking net sales in a tough second quarter of fiscal 2015, American Apparel said it does not currently have enough cash to last the next 12 months and shareholders may lose some or all of their investment.

  • Ex-Kohl's CIO joins Hudson's Bay

    Despite efforts by her previous employer to block the transition, former Kohl’s CIO Janet Schalk is joining Hudson’s Bay Co. in the same capacity.

  • TJX still attracting cost-conscious shoppers

    Consumers may be shying away from department stores but they are still flocking to off-price retailers such as TJX, which posted impressive sales and revenue growth in the second quarter.

  • Another retailer enters e-commerce fray

    Omaha, Neb. – The retail e-commerce landscape just got a little wider. Discount department store retailer Gordmans Inc. is jumping from operating 101 brick-and-mortar stores in 22 states to offering an e-commerce site for consumers across the country.

    The online store also offers an extended assortment beyond what's available in-store. This includes broader sizes and styles in the dedicated Levi's shop, MLB, NCAA and NFL sports team apparel and an expanded selection of holiday décor.

  • Ground-up mixed-use Class A development planned for Bedford, N.H.

    Dallas – Encore Retail, LLC, a subsidiary of Encore Enterprises, Inc., has acquired land to develop a 16+ acre high-density Class A mixed-use development in the affluent Town of Bedford, New Hampshire. The development is planned to be over 200,000 sq. ft. and will consist of fashion, recreation, fitness, dining and office space located in New Hampshire's retail and business hub.

    The property is positioned along South River Road at the intersection of Route 101 and Everett Turnpike

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