Apparel

Everyone has had the disappointment of being promised something great for the holidays, and then for one reason or another not getting it. Men’s Wearhouse Inc. goes to great lengths to ensure that if a holiday promise is broken, it’s not because of any shortcomings on its end.

The Houston-based, 1,750-plus-store specialty men’s apparel retailer collaborates with supply chain management solutions provider United Parcel Services Inc.

Loft and Express are the strongest online players in contemporary apparel, with less promotional activity and strong assortments, according to a report analyzing key contemporary players and year-over-year changes by fashion trendsetting and analysis firm WGSN. On the other hand, Anthropologie and J. Crew lack a cohesive merchandising and pricing strategy.

The report is based on data is sourced from the WGSN INStock analytics platform, which monitors the e-commerce catalogues of 12,000 brands and retailers, 400 product categories and 40 million SKUs.

Hicksville, N.Y. -- Pacific Retail Capital Partners announced renovations are underway for Broadway Mall located in Hicksville, New York. Mall renovations will focus on updating the main entrance to provide a grander, more recognizable entrance, modernizing the walkways with new flooring and improving outdoor hardscapes and landscapes with new benches, seating, foliage and flowers.
 

New York & Company Inc. says a stronger focus on omnichannel is helping the retailer increase traffic in its stores and sales online.

Omaha, Neb. — Gordmans Stores Inc. was able to reduce its net loss in the third quarter of fiscal 2015 as a result of gross margin improvements. Net loss totaled $3.03 million, compared to $3.19 million the same quarter a year earlier.

Net sales increased 2% to $143.4 million from $141 million Same-store sales dropped 1.6%, negatively impacted due to a sales tax holiday shift from July to August.

Gordmans intends to open two additional new stores in the third quarter of 2015 and close one store later this year when the lease term expires.

Dublin, Calif. — Ross Stores Inc. surpassed Wall Street expectations for profit and revenue in a successful second quarter of fiscal 2015. Net earnings rose 8% to $259 million from $240 million the same quarter the prior fiscal year.

Sales rose 9% to $2.97 billion from $2.73 billion, with same-store sales up 4%

New York – Foot Locker Inc. scored big in the second quarter of fiscal 2015 with profit and sales that exceeded Wall Street expectations. Net income was $119 million, a 33% increase from $92 million the same period the prior year.   Total sales climbed 3% to $1.69 billion from $1.64 billion. Same-store sales grew 9.6%. Falling selling, general and administrative (SG&A) expenses aided profit growth, while foreign currency fluctuation had a negative impact on sales growth.  

Michael Leedy, chief marketing officer of American Eagle Outfitters Inc., will step down from his position effective Sept. 15. The company has an active search for a successor underway.

Leedy has committed to serve in an advisory role if needed to ensure a smooth transition. American Eagle did not comment on the reason for Leedy’s departure, and his LinkedIn profile still indicates he works there.