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Apparel

  • Choppy environment cause for concern at Genesco

    Genesco, the company behind Lids and Journeys, is the latest company to express concern about the holiday season and lower fourth-quarter expectations after producing a solid third-quarter performance.

  • Tide Pods teams up with fashion designer Tracy Reese

    Tide Pods, a line of laundry detergent capsules from Proctor & Gamble, has partnered with clothing designer and Council of Fashion Designers of America member Tracy Reese.

    For the first time, Reese will be introducing machine-washable fashions as part of her fall 2014 collection. The collaboration is in conjunction with the Tide Pods and CFDA Washable Fashion Initiative, a response to the ongoing demand for washable garments and an uptick in consumer appetite for designer fashions.

  • NRF weighs in on holiday return fraud

    The retail industry will lose an estimated $8.76 billion to return fraud this year, and $3.39 billion during the holiday season alone, according to the National Retail Federation’s 2013 Return Fraud Survey. Overall, 5.8% of holiday returns are fraudulent, up slightly from 4.6% last year.

  • Sears Holdings' other spinoff offers update

    Sears Holdings' plan to spin off Lands' End may have gotten all the attention on Friday, but the retailer’s former hometown and outlet stores division shared results showing how it has fared after receiving similar treatment a year earlier.

  • Avery Dennison does deal with RFID patent troll

    In a move designed to accelerate adoption of RFID at the item level, Avery Dennison has signed a licensing agreement with Round Rock Research.

  • Study: Nordstrom is consumers’ favorite fashion retailer

    Boulder, Colo. -- Nordstrom is North America’s overall favorite fashion retailer for the second consecutive time, according to a new study of more than 6,800 consumers conducted by Market Force Information (Market Force), a provider of customer intelligence solutions.

    Kohl’s is the most visited for casual clothing, business attire and children’s clothing, while Dick’s Sporting Goods won out for sports apparel and DSW for footwear.

  • ICSC: November sales fall short

    New York -- Sales at U.S. chain stores were up 2.1% in November, or 3% without the effects of gasoline sales, according to the International Council of Shopping Centers. The group had predicted an increase of 3.5% to 4.5%.

    “Sales were constrained by weak apparel sales this month,” said Michael P. Niemira, chief economist, ICSC. “November was a very competitive environment for retailers, and the softness in the November tally suggests some cautiousness by consumers.”

  • Gap’s November same-store sales up 2%

    San Francisco -- Gap Inc. reported its November 2013 net sales increased 8% compared with last year. Same-store sales for the period rose 2%.

    Net sales for the four-week period ended November 30, 2013 were $1.63 billion, compared with net sales of $1.52 billion for the four-week period ended November 24, 2012.

  • J. Crew Q3 profit up 6.8%

    New York -- J. Crew Group Inc.'s third-quarter earnings rose 6.8% on improved sales.

    For the period ended Nov. 2, J. Crew reported a profit of $35.4 million, up from $33.2 million, a year earlier.

    Revenue increased 11% to $618.8 million. Same-store sales role 5%.

    Retail store sales grew 7.3% to $420.2 million, while direct sales climbed 21% to $189.8 million.

  • Neiman Marcus exec headed to online luxury consignment site

    San Francisco -- The RealReal, a leader in online luxury consignment, announced the appointment of Ann Paolini to its leadership team as executive VP of sales. She is joining The RealReal after spending 25 years at Neiman Marcus as a senior executive, and will be responsible for the RealReal's sales team and consignor relations.

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