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Apparel

  • Athletic specialty retailer posts mixed Q4 results

    Hibbett Sports posted fourth-quarter sales that missed predictions, even as earnings were in line with forecasts.   Net sales for the 13-week period ended Jan. 28, increased 0.5% to $246.9 million compared with $245.7 million in the year-ago period.   Same-store decreased 2.2%. Apparel and equipment both experienced declines in comparable store sales, while footwear continued to show stronger sales with a mid-single digit increase.  
  • The world’s most valuable retail brands are…

    An online giant and the world’s biggest retailer claim the top two positions in a study that ranks retail companies by their brand value.   Amazon ranked as the world’s most valuable retail brand in the annual study by valuation and strategy consultancy Brand Finance. The company’s brand value, $106.4 billion, is nearly double that of Walmart ($62.2 billion), which ranked as the second most valuable retail brand. (An explanation of the ranking is provided at the end of article.)    
  • Zulily gives fashion advice via Messenger

    also struggle to find the right styles post-pregnancy.   Zulily hopes to ease these “fourth trimester” blues with a new digital engagement tool. Called “The Fourth Trimester Closet Concierge,” the limited-edition solution helps new moms navigate their wardrobes during pregnancy and after they’ve welcomed their new baby.  
  • Footwear giant in customization partnership

    Shoppers will soon be able to personalize and accessorize the shoes they buy at DSW Inc.   The retailer has entered into a partnership with Trend:Bar, a new, Los Angeles-based  company that produces luxe fabric stickers, appliques, charms, shoelaces, patches, and creative add-ons that customers can use to personalize footwear and accessories.       Under the partnership, DSW will offer Trend:Bar items in select stores and on DSW.com.  
  • Woodbury Common’s makeover is complete

    The Italian shoe and handbag retailer Baldinini takes its place among the 240 other hallowed brands at Woodbury Common in Central Valley, New York, this month, but that’s just the punctuation mark on the story of the transformation of Simon Premium Outlets’ star property.  
  • Tough Q4 for teen apparel retailer

    The Buckle reported earnings for its fourth quarter that missed expectations amid a rough market for teen retailers.    Net income for the quarter ended Jan. 28 was $36.0 million, or $0.75 per share ($0.74 per share on a diluted basis), compared to $98.0 million, or $2.04 per share ($2.03 per share on a diluted basis).   Buckle’s net sales fell 15.7% to $280.0 million, from $332.0 million for the prior year.   Same-store sales for the quarter decreased 16.1%.
  • Longtime CEO of PacSun out

    There’s been a change at the top of teen apparel retailer Pacific Sunwear of California (PacSun).   Chief executive Gary Schoenfeld has departed the chain, which is owned by Golden Gate Capital. The news was first reported by shop-eat-surf.com   Schoenfeld had served as CEO of PacSun since 2009. No reason was given for his departure.   
  • Gander Mountain exec joins arts and crafts chain

    A former executive at Gander Mountain has joined Jo-Ann Fabric and Craft Stores.    The retailer has appointed Jeff Csuy as senior VP, general merchandise manager, fabric and sewing. He will report to Sharyn Hejcl, Jo-Anne’s executive VP, chief merchandising officer, as he “leads the fabric and sewing team to drive innovation while putting the customer first in all decisions,” Hejcl said.  
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