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Direct To Consumer (DTC)

  • Gap Q3 income falls 1%, sales up 2%

    San Francisco -- Gap said its third-quarter net income fell 1% to  $303 million for the period that ended Oct. 30. That compares with $307 million a year earlier.

    Revenue rose 2% to $3.65 billion, boosted by increases in online and international sales. Same-store sales were flat.

  • Destination Maternity Q4 profit triples

    Philadelphia -- Destination Maternity said its fourth-quarter net income tripled as cost-cutting measures paid off, even as sales in some categories fell.

    The company earned almost $4.3 million for the quarter that ended Sept. 30, up from $1.4 million during the same period last year. Revenue rose slightly to $124.3 million, from $123.8 million a year earlier. Same-store sales fell 2.3%.

  • Gap Inc. 3Q EPS up 9%

  • Limited Brands profit surges in Q3

    Columbus, Ohio -- Limited Brands reported Wednesday that net income for the quarter ended Oct. 30 soared to $61.3 million, compared with $6.1 million a year earlier. The company also said it would repurchase $200 million in shares.

    Same-store sales increase 10%, and net sales were $1.99 billion compared with $1.78 billion last year.

  • American Eagle Outfitters profit drops, sales improve

    Pittsburgh -- American Eagle Outfitters reported Thursday that net income for the quarter ended Oct. 30 was $33 million, compared with $59.2 million in the year-ago period. The drop was largely a result of investment losses and a prior-year tax benefit, and masked growth in sales and margins.

    Total sales for the quarter increased to $752 million, compared with $736 million last year.

    Same-store sales increased 1%.

  • Children's Place lowers FY outlook after tough Q3

  • Casual Male swings to profit in Q3, ups guidance

    Canton, Mass. -- Casual Male Retail Group said Thursday it swung to a profit of $0.3 million in the third quarter, compared with a loss of $1.4 million a year earlier.

    Total sales edged up 1.4% to $89.9 million, and same-store sales increased 3%.

  • The Children’s Place to open at Hammond Square

    Hammond, La. -- Hammond, La.-based Stirling Properties, the developer of Hammond Square, has announced that The Children’s Place will open a store at Hammond Square, the company’s power-lifestyle shopping center.

    The Children’s Place will occupy 4,290 sq. ft. on Main Street across from Encore Shoe Department. The new store is slated to open early spring 2011.

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