Carter's news and archive

Carter's experiences sales growth in Q1 despite profitability challenges

US-based childrenswear group Carter’s has announced its financial results for the first quarter of fiscal 2026, reporting a rise in net sales across all business segments. The company, which is the largest apparel firm for infants and young children in the US, saw net sales increase by 51.3 million dollars to reach 681.1 million dollars,...

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Carter’s appoints Sharon Price John as chief executive officer

US childrenswear group Carter’s has named Sharon Price John as its new chief executive officer and president, effective June 15, 2026. John will also join the board of directors on this date, succeeding Douglas C. Palladini who has departed the company and the board effective immediately. Richard F. Westenberger, who currently serves as the...

Fashion

Carter's partners with Umbro for limited-edition children soccer kits

Children's wear specialist Carter’s, Inc. has teamed up with sportswear brand Umbro to launch a limited edition collection of soccer apparel for children. Launching April 6, the Carter’s x Umbro collection aims to “celebrate the energy of the beautiful game through the eyes of its youngest fans.” The resulting collection includes...

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Business

Carter’s reports sales growth for FY25 despite significant margin pressure

Atlanta-based apparel group Carter’s (CRI) has reported its financial results for the fourth quarter and fiscal year ended January 3, 2026, revealing a period of topline growth tempered by significant profitability headwinds driven by international trade duties. The company delivered net sales of 2.90 billion dollars for the full year,...

Fashion |In Pictures

OshKosh Baby B'Gosh launches 100th anniversary Winnie the Pooh collection

Children’s apparel brand, Oshkosh Baby B’Gosh, has launched a special collaborative collection with Disney that marks the 100th anniversary of beloved storybook character Winnie the Pooh. Celebrating a century of Winnie the Pooh, the Disney | Baby B’Gosh collection brings beloved stories from the Hundred Acre Wood to life by combining timeless...

Fashion

Carter's launches capsule collection with Once Upon a Farm

Carter’s, Inc. has partnered with children’s snack company Once Upon a Farm to create a limited-edition, capsule collection. The Carter’s x Once Upon a Farm collection includes apparel and sleepwear for babies and young children made from Carter’s Purely Soft essentials with farm-fresh prints inspired by Once Upon a Farm’s nutritious snacks....

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Business

Carter's achieves high single-digit net sales increase in Q4

US-based childrenswear specialist Carter’s, Inc. has announced preliminary net sales results for the fourth quarter and fiscal year 2025, signaling a return to growth following a period of strategic repositioning. On an unaudited basis, consolidated net sales for the quarter increased by a high single-digit percentage compared to the prior year....

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Retail

US retail industry outlook: Store closures persist into early 2026

Following a year marked by extensive store closures in 2025 – from the bankruptcy and eventual collapse of Joann Fabrics, to major network restructurings at Macy’s and Kohl’s – the US retail industry is likely anticipating some respite in the year. However, turbulence appears set to persist, at least through early 2026. Data from Business...

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Business

Carter's to cut 15 percent office jobs, close stores as tariffs hit Q3 profit

Carter’s, Inc., the apparel company for babies and young children in North America, reported its third-quarter fiscal 2025 results, reflecting both improved consumer demand and significant pressure on profitability. While the company achieved positive comparable sales and improved pricing in its U.S. Retail segment for the second consecutive...

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Business

Carter's Q1 sales and earnings decline

Carter's, a prominent children's wear retailer, disclosed its financial performance for the first quarter of fiscal year 2025, revealing a reduction in key financial indicators compared to the corresponding period last year, indicating a difficult start to the fiscal year for the company. The company's consolidated net sales for the first...

People

Carter's names Douglas Palladini as CEO to drive growth amid retail challenges

Childrenwear retailer Carter's has announced a leadership change amidst a challenging retail landscape. Douglas Palladini is set to take the helm as CEO and president, effective April 3, 2025, signaling a move to bolster the company's direct-to-consumer and global presence. Palladini most recently served as founder and owner of Kickstand, a...

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Business

Children's wear retailer Carter's issues cautious 2025 outlook

While children’s wear retailer Carter’s fourth quarter net sales of 860 million dollars and adjusted diluted EPS of 2.39 dollars beat analysts’ expectations, the company’s 2025 outlook disappointed them. Specifically, the company’s projected earnings per share between 3.20 dollars and 3.80 dollars and 2025 revenue range of 2.78 billion dollars...