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Apparel

  • Kohl's grows sales, but not by much

    Strong back-to-school sales allowed Kohl's to upstage Macy's in the third quarter.

    Kohl's reported that for the third quarter ended Oct. 31, same store sales increased 1%. It had net income of $120 million, or 63 cents per share, compared with net income of $142 million, or 70 cents per share, in the same period a year before. Revenue rose 1.2% to $4.43 billion.

  • Nordstrom hit by department store doldrums

    Nordstrom joined Macy's this week in blaming weak traffic for its disappointing same store sales as the Seattle-based chain also lowered its full-year guidance.

    Nordstrom Inc. said that for the third quarter ended Oct. 31 same store sales increased .9%. It posted earnings of 57 cents per share on $3.33 billion in revenue. And net sales increased 6.6 percent.

  • Neiman Marcus names design firm for its first Manhattan location

    New York-based Janson Goldstein LLP has been tapped as the design firm for the Neiman Marcus store at Hudson Yards in Manhattan, Women’s Wear Daily reported.

    The firm has a wide-ranging practice that includes both residential, hospitality and retail work, with a roster of clients that includes Holt Renfrew, Intermix and Saks Fifth Avenue.

  • ShopAdvisor, Elle read into seamless shopping

    Personalized shopping app ShopAdvisor and Elle magazine are turning readers into brick-and-mortar shoppers.

    Elle and ShopAdvisor have released results of the August 2015 “Shop Now With Elle” proximity mobile marketing program. The program connected consumers to retailers and provided them with exclusive content and offers using location-based mobile technology, including beacons and geo-fences.

  • Why Macy's is looking for a miracle on 34th street

    Macy’s blamed warm weather, weak foot traffic and excessive inventory for the company's worse-than-expected third quarter results and said it is studying real estate options for some of its most iconic stores.

  • Macy’s posts disappointing Q3; pursuing real estate options (but no REIT) and outlet growth

    Macy’s Inc. on Wednesday blamed warm weather, weak tourist traffic and excessive inventory for the company's worse-than-expected third quarter results. The company said it will not pursue spinning off its properties into a real-estate investment trust, but that it is studying real estate options for some of its most iconic stores.

  • American Apparel still on the slide

    American Apparel’s preliminary results for its third quarter are not looking very good.

  • Update on American Apparel

    American Apparel’s preliminary results for its third quarter are not looking very good.

    The beleaguered retailer said it could not meet the deadline to file a quarterly report for the three months ended Sept. 30, noting that efforts related to its Chapter 11 bankruptcy filing in October have taken up a good deal of its time.

    But American Apparel released estimates in which net sales for the quarter were down 19.1% to $126 million.

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