Womenswear chain The Limited started reducing its headquarters’ staff on Tuesday, getting the industry talking about a likely sale of the business. The company, founded in the early 1960s, might shut down its corporate offices in New Albany entirely amid a slump in sales and debt pressures. Earlier […]

Hudson's Bay Company (HBC) said that consolidated retail sales in the third quarter were 3,300 million Canadian dollars (2,485 million dollars), an increase of 28.6 percent from the prior year. However comparable sales declined 4 percent and were down 2.4 percent on a constant currency basis. The company […]

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London - Change is underfoot again at Donna Karan International. The same day that G-III Apparel Group completed its acquisition of Donna Karan International, parent company of Donna Karan and DKNY brands, comes news that designers Dao-Yi Chow and Maxwell Osborne, creative directors of DKNY are leaving […]

New York & Company’s third quarter net sales were 213.9 million dollars, which included 3.1 million dollars of royalty revenue from the new private label credit card agreement, as compared to 219.8 million dollars in the prior year. Comparable store sales decreased 0.7 percent. “In the third quarter […]

Woolrich Inc. is merging with its European subsidiary. The resulting company, Woolrich International, will be headquartered in London and materialise two years’ worth of a strategic partnership. Thus, the U.S. based company, founded in 1830 by John Rich, will be integrated into its European counterpart […]

Third quarter revenue at PVH increased 4 percent compared to the prior year period. EPS on a GAAP basis was 1.56 dollars compared to guidance of 2.30 dollars to 2.35 dollars, while EPS on a non-GAAP basis was 2.60 dollars, which the company said, exceeded guidance of 2.35 dollars to 2.40 dollars and […]

London - When God closes a door, he opens a window - or at least that is what fast-fashion e-tailer Boohoo must have thought before it made its move for US fashion retailer Nasty Gal. The Manchester-based online retailer has filed a petition to incorporate Nasty Gal as part of its business in the UK, […]

For the first nine months of 2016, Rocket Internet said that the aggregate adjusted EBITDA margin improved significantly at all selected companies from a weighted average of -34.4 percent in the first nine months 2015 to -17.5 percent. It added that while the companies continued to grow revenues, their […]

In its results announcement for the year and fourth quarter, Delta Apparel said net sales for the 13-weeks fourth quarter were 114.4 million dollars compared to 120.2 million dollars in the prior year’s 14-weeks fourth quarter. Removing the additional week in the prior year, the company said, net sales […]