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Apparel

  • CEO of Claire’s Stores resigns; replaced by industry vet

    Beatrice Lafon, the CEO of teen accessories retailer Claire's Stores, has resigned and been replaced by a current member of the board, according to a Securities and Exchange Commission filing.

  • April was unusual for L Brands

    L Brands turned in a disappointing sales performance in April, a rarity for a chain that has turned in consistently strong monthly results.

    The parent company of Victoria’s Secret reported a 1% increase in same-store sales, below Wall Street expectations of a 4.8% gain.

    Sales for the month increased to $737.5 million, up from $724.6 million in the same month last year.

    The company’s Bath & Body Works division saw a 5% increase in same-store sales while Victoria's Secret posted a 1% decrease.

  • Study: Customer experience improves across channels during holidays

    In what could be termed a gift for customers, major retailers generally improved how they engaged and served consumers in different channels during the 2015 holiday season.

  • Abercrombie & Fitch Co. is losing its COO

    Teen apparel retailer Abercrombie & Fitch is losing a key member of its executive team.

    Jonathan Ramsden, COO, is resigning from Abercrombie effective June 15, 2006. Ramsden, who joined the company in 2008 as executive VP and CFO, was promoted to COO in 2014.

  • Times Square to lose another high-profile retail flagship

    Aéropostale is closing its 19,000-sq.-ft. flagship in Manhattan’s Times Square.

  • Aeropostale files Chapter 11; store closings include exit from Canada

    In a move rumored for weeks, Aéropostale on Wednesday filed for Chapter 11 bankruptcy protection.

    The struggling teen apparel retailer said it would close 113 stores in the United States and all 41 of its stores in Canada. Store closing sales in the United States will begin this weekend (May 7-8), and in Canada during the week of May 9.

  • Under Armour shakeup

    Under Armour is losing two key members of its executive team.

    Chief merchandising officer Henry Stafford and chief digital officer Robin Thurston are both stepping down from their positions in July. No reason was given for their departures.

    Stafford joined Under Armour in 2010 as the apparel team lead. He will be succeeded on an interim basis by Kip Fulks, who most recently served as Under Armour’s chief marketing officer.

  • Different kind of deli expands in Northeast

    The fast-casual restaurant chain McAlister’s Deli has opened its first store in the New York City area, a market where residents know a thing or two about delis.

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