The spring season appears to be off to a slow start for the few US apparel retailers who still report their monthly sales, with cool, wet we...
March proved to be a challenging month for the few US apparel retailers who still report their monthly sales, with many hampered by the earl...
February proved to be a mixed month for US apparel retailers as market volatility spooked investors and consumers, while low gas prices, positive housing data and upbeat labour market indicators suggested consumers had the means to spend.
Hurt by adverse weather conditions, a continued shift by consumers to invest in high-value items such as cars, and a general slump after the holiday period, it's no surprise US apparel retailers suffered in January, with many reporting comparable store sales declines.
Santa delivered some generally positive holiday sales results to US apparel retailers in December as they grappled with a rapidly changing omnichannel landscape, low and middle income consumers with limited discretionary spending power, and a very mild autumn that depressed clothing sales.
As US apparel retailers readied themselves for a busy Black Friday weekend, sales proved to be somewhat disappointing. Despite a more favourable macro backdrop to consumer spending this holiday season, the majority of clothing chains reported comparable store sales declines.
In the most recent first-quarter filings from US apparel brands and retailers, Urban Outfitters and American Eagle Outfitters both revealed strong results, while JC Penney narrowed its net losses but booked a drop in sales. Skechers, Carter's and Columbia Sportswear, meanwhile, all recorded record sales performances for the quarter, while Under Armour posted another solid quarter of revenue growth.
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.
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.
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.
US denim specialist The Buckle has booked first-quarter earnings that missed analyst expectations as both sales and margins fell.
US denim specialist The Buckle has seen its net profit increase in the fourth quarter, helped by higher sales, including a double-digit gain in online sales.
US denim specialist The Buckle has made three senior management appointments, including that of Diane Applegate to the position of vice president of supply chain and merchandising operations.
US denim specialist The Buckle has booked a mixed set of results in its third-quarter with sales growing but earnings remaining flat.
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.
Teen fashion retailer The Buckle has booked a drop in earnings in the second quarter.
Teen fashion retailer The Buckle recorded a slight decline in earnings in its first-quarter thanks to higher costs and only a marginal increase in sales.
Lower sales contributed to a 3.4% decline in fourth-quarter profit at teen fashion retailer The Buckle.
Teen fashion retailer The Buckle Inc has promoted Kari Smith to the newly created role of executive vice president of stores.
Teen fashion retailer The Buckle Inc has posted a 3.1% drop in third quarter profit after sales slipped.
Denim specialist The Buckle has recorded an 8.2% increase in second quarter profit, helped by higher sales in-store and online.
Denim specialist The Buckle has today (23 May) posted a slight decline in first-quarter net profit, despite delivering higher sales than last year.
Denim specialist The Buckle has seen its fourth-quarter profit rise, helped by higher sales and merchandise margins.
Denim specialist The Buckle has today (15 November) posted a 9.3% increase in third-quarter profit on the back of sales growth.
Fashion retailer The Buckle has today (16 August) booked a decline in second-quarter net profit, despite posting an increase in sales.
First quarter profit at fashion retailer The Buckle Inc has risen 12.8% thanks to a jump in sales at its stores and online.
US teen fashion retailer The Buckle has reported a 13% jump in fourth-quarter profit on the back of increasing sales.
Higher sales have helped teen apparel retailer The Buckle Inc to an 11.3% rise in third-quarter profit.
Higher sales have helped teen fashion retailer The Buckle Inc to a 14% jump in second quarter profit.
Strong sales growth has helped teen fashion retailer The Buckle Inc to an 11.3% hike in first quarter profit.
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