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Apparel

  • Specialty retailer emerges from Chapter 11 — on hunt for new CEO

    After eliminating in excess of $435 million in funded debt.   Payless ShoeSource has emerged from bankruptcy — with a slimmed down U.S. portfolio and a cleaner balance sheet.  

  • Kohl's looking better in Q2

    Increased traffic gave a boost to Kohl's, which reported sales and earnings that topped analysts’ estimates in the second quarter.   The company's net income rose to $208 million, or $1.24 per share, in the quarter ended July 29, from $140 million, or 77 cents per share, in the year-ago period.  

  • DSW exec joins beauty retailer

    A veteran retailer has joined the executive team of Sally Beauty.   Sally Beauty Holdings has named Carrie McDermott as president of its Sally Beauty operations in the U.S. and Canada, effective August 29, 2017.  

  • Leasing opens at One Hudson Yards

    New York City’s transformation of an old warehouse district into a Jetson-esque neighborhood of the future begins in earnest this week with leasing beginning at the 33-story One Hudson Yards residential tower.   “One Hudson Yards was curated for those who seek an elevated sense of living,” said Benjamin Joseph, Executive VP of Related Companies, developer and leasing agent for the massive project.   

  • Abercrombie & Fitch continues rollout of new store prototype

    Abercrombie & Fitch Co. has brought its updated store environment to Tysons Corner Center, Tysons, Va.   The location is one of seven new concept stores the retailer will open by yearend. Abercrombie debuted the new look in February, at Polaris Fashion Mall in Columbus, Ohio. It has also opened at Lenox Square, Atlanta, Georgia, and at Somerset North, Troy, Michigan (Somerset North).  

  • Ralph Lauren tops Street even amid sales decline

    Ralph Lauren Corp. posted better-than-expected results for its first quarter as it kept tight control on its inventory and promotions. But despite the company's efforts at reinvention, sales dropped 13.2%.   

  • Amazon’s back-to-school sales start strong

    Based on the momentum of early back to school shoppers, Amazon is on pace to hit a record 80% sales growth for the season.    The online giant's school supplies sales have grown by 35% year-over-year in the first two weeks of the back-to-school shopping season, according to One Click Retail. Early back-to-school shopping only accounted for 9% of sales in 2016.  

  • British online fashion giant doubling down on the U.S.

    As if American apparel retailers didn't have enough homegrown competition, ASOS, the largest online fashion retailer in the U.K., is making a major push into the American market.   
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