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Apparel

  • Pacific Sunwear narrows loss in Q2

    Anaheim, Calif. -- Pacific Sunwear of California Inc. reported Wednesday a loss of $17.5 million for the second quarter, narrowed from a loss of $19.3 million in the year-ago period.

    Results were boosted by a 5% sales in the quarter ended July 28 – to $210.3 million, from $200.9 million last year. Wall Street expected $203.1 million in revenue.

    Same-store sales climbed 5%, which included a 7% rise in PacSun’s men’s division and a 2% rise on the women’s side.
     

  • Bed Bath & Beyond, Buy Buy prototype to open at Gurnee Mills

    Gurnee, Ill. -- Indianapolis-based Simon Property Group said that Bed Bath & Beyond, along with Buy Buy Baby, will open this fall in a shared space at Gurnee Mills outlet center, in Gurnee, Ill.

    The Bed Bath & Beyond/Buy Buy Baby prototype store will be located near Last Call by Neiman Marcus, The Gap Outlet and Build-a-Bear Workshop at the value center.
     

  • Report: H&M to go big in New York City

    New York -- H&M will open its largest store in the world, on Fifth Avenue in Manhattan, Women’s Wear Daily reported.

    The company will open a six-level, 57,000-sq.-ft. store on Fifth Avenue at the corner of 48th Street sometime next year, according to the report.
     

  • Reality star launches line for Chinese Laundry

    LOS ANGELES — Reality TV personality, Kristin Cavallari has partnered with Chinese Laundry for a capsule footwear collection composed of pumps, platforms, booties and flats available at retail this December.

    "My love for shoes is no secret.  To have been able to work with Chinese laundry as a web ambassador and now as a designer has truly been a dream come true," said Cavallari.  "It was important to me to create a collection of shoes that is not only fun and versatile, but also price friendly and comfortable."

  • Chico’s Q2 beats expectations

    Fort Meyers, Fla. -- Chico's FAS Inc.'s second-quarter net income surged a better-than-expected 22% amid increased sales across its brands. The retailer, which has now topped analyst estimates for the last three quarters, raised the low-end of its 2012 revenue outlook, citing its performance for the first half of the year. 

    Chico's earned $52.4 million for the period ended July 28, compared with $42.8 million in the same  period last year.

  • American Eagle Outfitters raises full-year outlook

    Pittsburgh -- American Eagle Outfitters Inc. said that its net income fell 4% in the second quarter as the retailer dealt with charges related to the closing of its children’s division, 77kids, which included 22 stores and the online business. But its adjusted results met analysts' estimates, and the company raised its full-year outlook.

    For the second quarter that ended July 28, American Eagle earned $19.03 million, compared with $19.7 million last year.

  • Long-time fashion retail exec named EVP of Aeropostale

    NEW YORK — Aeropostale, a mall-based specialty retailer of casual and active apparel for young women and men, announced that Emilia Fabricant will be joining the company as EVP of the Aeropostale brand. Fabricant will be responsible for all aspects of design, merchandising and production for the brand, and will report to Thomas Johnson, CEO.

  • Guess posts lower profit, lowers outlook

    Los Angeles -- Guess Inc. on Wednesday reported that its second-quarter profit fell to $42.9 million, from $60.7 million a year ago. The company also lowered its full-year earnings outlook.

    Total net revenue for the quarter ended July 28 fell 6.2% to $635.4 million, from $677.2 million.

    The company’s retail stores in North America generated revenue of $253.0 million in the second quarter, down 3.1% from $261.1 million in the same period a year ago. Same-store sales fell 8.5%.

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