American Eagle Outfitters
Seeing in the New Year might not have been the only reason American Apparel felt like popping the champagne last week after it won a plea fo...
For the second year in a row, it seems consumers are being more restrained when it comes to back-to-school shopping. But with new fashions,...
Slow store traffic and declining sales have become a common theme for US teen apparel retailers, resulting in brands closing stores and changing strategies in a bid to lure back customers. But is this enough to carve out a recovery?
As the threat of a US West Coast port shutdown looms, analysts already estimate the ongoing disruption could add an eye-watering US$36.9bn to costs over the next 24 months. As the congestion continues to cause headwinds for apparel businesses, retailers are being told they must investigate new supply chain options, including more near- and on-shoring.
Transparency among apparel brands and retailers appears to be mixed when it comes to sourcing cotton from Uzbekistan. New research has revealed that while a number of companies have made improvements to address the issue of forced labour within the sector, many are reluctant to disclose the policies they are implementing or detail information about their suppliers.
Macro factors, particularly in the US and Europe, have created a somewhat challenging environment for retailers in 2014. Many succumbed to heavy promotional activity in order to keep sales up. Subsequently, however, margins and earnings were hit. As a result, a large number of firms were forced to carry out strategic reviews on their business operations in order to turn their businesses around. Here are some of those that just-style has reported on this year.
With apparel manufacturing operations bridging the Dominican Republic and neighbouring Haiti, Grupo M's co-production model is an exemplary example of trade preferences in action. Here company founder and president Fernando Capellán tells just-style about the opportunities that lie ahead.
Teen apparel retailer American Eagle Outfitters (AEO) has hired Peter Horvath, a former chief operating officer for Victoria’s Secret Stores, as its new chief global commercial and administrative officer.
In the most recent fourth-quarter filings from US apparel brands and retailers, Destination Maternity and Perry Ellis saw their losses narrow, while New York & Co moved to a net profit. However, Iconix Brand Group cut its outlook after swinging to a loss, Finish Line saw its net profit plummet 90%, and Cherokee Global Brands posted a mixed performance.
With the holiday season done and dusted, US apparel and footwear retailers are now counting the cost. In the most recent results, New York & Co has narrowed its fourth-quarter outlook despite posting an increase in comparable store sales, while Express has lifted its guidance. Shoe Carnival, Genesco and American Eagle Outfitters all booked increases. However, Bon-Ton Stores and Ascena Retail Group posted declines.
In the most recent third-quarter filings from US apparel brands and retailers Gymboree, Aeropostale, Sears and New York & Co narrowed their losses, while Oxford Industries, Destination Maternity and J Crew saw theirs widen. Both The Finish Line and Men's Wearhouse swung to a loss. On a positive note, The Children's Place, Express, American Eagle Outfitters, G-III Apparel Group and Abercrombie & Fitch booked higher earnings.
US apparel retailer American Eagle Outfitters has appointed interim CEO Jay Schottenstein to the position on a permanent basis.
American Eagle Outfitters has acquired Tailgate Clothing Company, owner of the Todd Snyder New York premium men's wear brand, as it revealed an increase in third-quarter comparable sales.
Second-quarter earnings for the retail sector as a whole are forecast to be lower than the prior month, despite easy year-on-year comparisons. The Finish Line posted a small drop in net income, Zumiez saw its profit more than halve, Cherokee Global Brands posted a double-digit decline in net earnings, while Christopher & Banks swung to a loss, and Hudson's Bay was back in the black.
The US International Trade Commission has narrowed the scope of its ongoing patent infringement investigation of certain laser abraded denim garments by removing five respondents.
American Eagle Outfitters has settled an investigation through the US International Trade Commission (ITC) over patent infringement regarding certain laser abraded denim garments.
American Eagle Outfitters saw its earnings soar in the first quarter on the back of strong sales and margins.
American Eagle Outfitters has revealed plans to expand its global retail presence through a series of licensed stores throughout Chile and Peru.
American Eagle Outfitters and Abercrombie & Fitch have told just-style that recent audits found no evidence of sandblasting or sandblasting equipment at a factory in China where the deadly process is said to be used to make their jeans.
Analysts have mixed views on American Eagle Outfitters' six-fold fourth-quarter profit increase, with one welcoming the performance, and another saying it still has more work to do.
Teen apparel retailer American Eagle Outfitters has booked an increase in sales for the Christmas period and upped its EPS guidance for the fourth quarter.
Teen apparel retailer American Eagle Outfitters has booked a decline in third-quarter earnings but saw gross margin increase, in what analyst have described as a "difficult environment".
Teen apparel retailer American Eagle Outfitters has lifted its earnings guidance for the third quarter, thanks to reduced promotional activity and lower expenses.
The most-read stories on just-style this week included toxic chemicals found in clothing and footwear sold by nine supermarkets and retailers, wearable technology forecast to be a key trend for 2015, and Topshop teams with Beyoncé for a new street wear line.
Retailers and fashion businesses have joined forces to call on the US International Trade Commission (ITC) to abandon a patent investigation into laser-abraded jeans.
American Eagle Outfitters has revealed what analysts believe is a "good report in a difficult environment".
Lazer technology firm RevoLaze has filed a complaint with the US International Trade Commission (ITC) against 17 denim jean companies for patent infringement.
The latest reports from just-style's research store include a case study of US fashion apparel retailer American Eagle Outfitters, a global review of denim and jeanswear, and a country report of Vietnam.
American Eagle Outfitters has announced its entry into the UK with three store openings as the company looks to expand its global presence.
American Eagle Outfitters has extended its partnership with closed-loop textile recycling firm I:Collect to roll out its garment and footwear recycle programme to all of its stores across the US and Canada.
A number of retailers were last week forced to respond to allegations of "forced labour" among female textile workers in mills in southern India, with H&M blacklisting one of the five named.
The troubled teen retail space saw more upheaval last week with the surprise departure of the chief executive of American Eagle Outfitters after less than two years in the role.
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