Forever 21 Inc wants to speed up its growth rate and in order to do that, it needs more money. Or so the fast fashion retailer is explaining to Wells Fargo & Co. and TPG, to whom it has turned to ask for a credit line to strengthen its productivity. As reported earlier this week by the ‘Wall Street […]

J. Crew’s parent group Chinos Intermediate Holdings has seen its rating cut down by Moody’s. The rating firm explains that "The negative outlook reflects the persistent declines in J. Crew's operating performance due to weak execution and challenging industry environment." The lower rating on J.Crew´s […]

REPORT L Brands, reported net sales of 826 million dollars for the four weeks ended August 29, 2015, an increase of 8 percent, compared to net sales of 765.3 million dollars for the four weeks ended August 30, 2014. Comparable store sales increased 6 percent for the four weeks. The company reported […]

REPORT Sales for the four weeks ended August 29, 2015 at Cato Corporation were 67 million dollars, a 5 percent increase over sales of 63.6 million dollars for the same month ended August 30, 2014. Same-store sales were up 4 percent to the prior year. “August same-store sales were above our expectations […]

Levi’s just recently announced its newest deal in apparel. The company decided to join forces with start-up Re/Dun to pay royalties for Levi’s secondhand garments. Re/Dun, launched in 2014 by founders Sean Barron and Jamie Mazur, gained a reputable standing as a sustainable, vintage denim brand. Teaming […]

REPORT G-III Apparel Group, for the quarter ended July 31, 2015, reported that net sales, driven by robust wholesale and retail performance, increased 12 percent to 474 million dollars from 424 million dollars in the year-ago period. The company's net income increased to 12.5 million dollars from 6.2 […]

REPORT Reporting its financial results for its fiscal 2015 second quarter ended August 1, 2015, Oxford Industries said that consolidated net sales increased 10 percent to 250.7 million dollars compared to 227.6 million dollars same quarter of fiscal 2014. Commenting on the development, Thomas C. Chubb […]

REPORT Vera Bradley net revenues from continuing operations totalled 120.7 million dollars for the second quarter ended August 1, 2015, compared, an increase of 1.5 percent. For the six months ended August 1, 2015, net revenues were 221.8 million dollars compared to 231.2 million dollars for the six […]

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