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Apparel

  • Fossil names new COO

    RICHARDSON, Texas — Fossil has named John White as EVP and COO effective Sept. 4. White will be responsible for the company's supply chain, distribution and warehousing, legal and information technology operations, with a focus on long-term strategy. He will report directly to Kosta Kartsotis, CEO.

    "We are very excited to have John join our executive team. His track record of driving strategic improvements and operational excellence across large organizations will be invaluable to us as we continue our global expansion," said Kartsotis.

  • Finish Line names Wal-Mart exec as senior VP store operations

    Indianapolis -- The Finish Line announced Wednesday it has named Greg Beidler as senior VP store operations for the chain.

    Beidler was previously regional operations director for Sam’s Club/Wal-Mart Corp., and has served in management roles for GameStop, Brown Shoe, Circuit City and Athlete’s Foot.

  • Former Walmart exec named CEO of Dots

    GLENWILLOW, Ohio — Fashion retailer Dots has named former Walmart SVP, Lisa Rhodes as its new CEO.

    Rhodes, who led Walmart's U.S. apparel merchandising division, has been charged with leading Dots’ march toward 1,000 stores.

    Prior to her role at Walmart, Rhodes was EVP and chief merchandising officer for Maurice’s.

  • Abercrombie & Fitch Q2 profit plummets 52%; to open fewer Hollisters than planned

    New Albany, Ohio -- Abercrombie & Fitch reported Wednesday that net income in the second quarter slid 52% to $15.5 million, compared with $32 million in the year-ago period.

    Total sales rose 4% to $951.4 million, missing Wall Street’s forecast of $954.9 million, and U.S. sales fell 5%. The retailer said Wednesday it is cutting its 2012 earnings guidance and will open fewer international Hollister stores in fiscal 2012 than initially planned.
     

  • TJX posts 24% earnings growth, raises guidance

    FRAMINGHAM, Mass. — TJX reported that net sales for the second quarter of fiscal 2013 increased 9% to $5.9 billion and consolidated comparable-store sales increased 7%. Net income for the second quarter was $421 million and diluted earnings per share were 56 cents, a 24% increase over 45 cents per share last year.

  • Dick's Sporting Goods profit slips in Q2, on track to open 38 stores in 2012

    Pittsburgh -- Dick's Sporting Goods reported Tuesday that net income for the quarter ended July 28 slid to $53.7 million, from $73.8 million in the same quarter a year ago. The sporting goods retailer blamed the lackluster profit performance partly on weakness from newly acquired JJB Sports and adverse weather in the first quarter.

    Sales climbed 10% to $1.4 billion, meeting Wall Street expectations. Same-store sales rose 3.8%, consisting of a 2.9% increase at Dick’s stores, a 4.4% rise at Golf Galaxy, and a 34.6% increase in its e-commerce business.

  • Report: Sears considering sale of Lands End

    New York City -- The New York Post reported Tuesday that Sears Holdings Corp. may be mulling over a sale of its Lands End unit. The move would dovetail with the massive restructuring effort the company has launched.

    According to the report, chairman Eddie Lampert has been meeting with investors to discuss the divestiture of Lands End.
     

  • Designer Narciso Rodriguez to serve as advisor to Banana Republic

    NEW YORK — American designer, Narciso Rodriguez, will begin an advisory role on Aug. 20 with Banana Republic in partnership with its EVP design and creative director, Simon Kneen, beginning with the fall 2013 collection. In an effort to build upon the strengths of the brand, Banana Republic has created this advisory role specifically for Rodriguez.

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