Simply Fashion, a discount retailer of women's clothing, accessories and footwear, filed for Chapter 11 bankruptcy protection last month. The privately held company currently runs about 243 stores under the Simply Fashion and Dots names. This week, Simply Fashion and Dots stores will be closing nationwide […]

Alibaba Group Holding has acquired a stake of more than 9 percent in US-based e-tailer Zulily. The Chinese apparel conglomerate has paid over 150 million dollars for the 9 percent of the American retailer´s equity. The acquisition was disclosed in a securities filing that showed Alibaba spent millions […]

Alibaba has been under strict scrutiny from both the U.S. and China for questionable business practices and potential ties to counterfeiting. However, there are those who simply laugh in the face of controversy and keep moving; those like Alibaba. The Chinese e-commerce company has reported another […]

REPORT Crocs for the first quarter ended March 31, 2015 reported GAAP revenue of 262.2 million dollars. On a constant currency basis, revenue decreased 8 percent as compared to the prior year. Net loss attributable to common stockholders on a GAAP basis was 0.08 dollar per diluted share for the first […]

REPORT The Cato Corporation reported sales of 84.1 million dollars for the four weeks ended May 2, 2015, a 10 percent decrease from sales of 93.5 million dollars for the four weeks ended May 3, 2014. Same-store sales decreased 14 percent for the month. Sales for the first quarter ended May 2, 2015 were […]

REPORT Kate Spade & Company, for the first quarter ended April 4, 2015 reported net sales, excluding sales for wind-down operations, of 240 million dollars, an increase of 53 million dollars, or 28.4 percent compared to the first quarter of 2014. Reported net sales for the first quarter were 255 million […]

REPORT L Brands reported net sales increase of 1 percent to 724.6 million dollars for the four weeks ended May 2, 2015, compared to net sales of 717.6 million dollars for the four weeks ended May 3, 2014. Comparable store sales decreased 1 percent and were negatively impacted by the earlier Easter this […]

REPORT Uniqlo Japan, a part of the Fast Retailing Group reported same-store sales growth of 19.3 percent year on year in April 2015, while sales at its directly-run stores increased by 19.2 percent. Total sales including online sales for the month increased by 19.8 percent. The company said, same-store […]

In a deal worth 574 million US dollars, luxury accessories and lifestyle brand Coach has acquired women's luxury footwear designer and manufacturer Stuart Weitzman from private equity firm Sycamore Partners. This transaction will cement Coach's current leading global position in premium handbags and […]

REPORT Zumiez total net sales for the four-week period ended May 2, 2015 increased 2.4 percent to 51.8 million dollars, compared to 50.6 million dollars for the four-week period, ended May 3, 2014. The company's comparable sales decreased 4 percent compared to a comparable sales increase of 8.2 percent […]

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