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US apparel retailers' June 2015 retail roundup

An improving US labour market, rising consumer confidence and higher wages were not enough to spark a significant break-out in spending in J...

US apparel retailers' April 2015 retail roundup

A shift in the timing of Easter, coupled with the lingering adverse effects of the West Coast port delays, as well as an economic soft patch...


US apparel retailers' March 2015 sales roundup

Katie Smith | 10 Apr 2015

While the earlier Easter this year helped the majority of US apparel retailers to book comparable store sales growth in March, adverse weather conditions, an economic soft patch during the first quarter, and lingering effects of the West Coast ports labour dispute weighed on overall results.


US apparel retailers' February 2015 sales roundup

Katie Smith | 6 Mar 2015

US apparel retailers reported mixed comparable store sales in February, as significant headwinds including extreme winter weather, additional costs and delays from the West Coast ports slowdown, foreign exchange rates and higher gas prices all weighed on results.


US apparel retailers' January 2015 sales roundup

Katie Smith | 10 Feb 2015

US apparel retailers got off to a good start in January, with the majority posting comparable store sales gains, helped by post holiday clearance sales and stronger comparisons with last year, when severe weather hampered results.


US apparel retailers' December 2014 sales roundup

Katie Smith | 9 Jan 2015

Deep discounts, lower fuel prices and an improved employment market all helped to drive better-than-expected comparable store sales gains for US apparel retailers in the crucial month of December.

Latest News

US Q1: Finish Line, Cherokee, Urban Outfitters

Michelle Russell and Katie Smith | 26 Jun 2015

First-quarter revenue forecasts for US apparel retailers fared far worse than earnings expectations. The Finish Line said it got off to a "solid start" with double-digit profit growth, and Cherokee was pleased with a "strong" quarter, despite some headwinds. Elsewhere, Urban Outfitters revealed a mixed quarter, while Men's Wearhouse booked record sales but a decline in earnings.


Cato Corp warns of "challenging" 2015

Katie Smith | 20 Mar 2015

Value fashion retailer Cato Corp has warned that 2015 may continue to be challenging, despite more than doubling its net profit during the fourth quarter, and favourable weather boosting sales.


Cato Corp Q3 exceeds guidance

Michelle Russell | 21 Nov 2014

US retailer Cato Corporation has revealed third-quarter earnings and sales that exceeded the firm's guidance.


Cato Corp reaffirms guidance as Q2 earnings grow

Michelle Russell | 21 Aug 2014

Cato Corporation has recorded an increase in second-quarter earnings and reaffirmed its EPS guidance for the full year.


Cato Corp reveals mixed Q1 results

Michelle Russell | 20 May 2014

Cato Corporation has booked a mixed set of first-quarter results with earnings down but sales ahead of the company's expectations.


Promo environment hits Cato Corp's Q4

Michelle Russell | 20 Mar 2014

A highly promotional holiday sales season and poor weather conditions weighed on Cato Corporation's earnings in the fourth quarter.


Rana Plaza compensation to begin next month

Leonie Barrie | 19 Mar 2014

The committee set up to pay compensation to the victims of the Rana Plaza factory collapse aims to distribute US$2m to around 3,600 workers and families before the one-year anniversary of the tragedy on 24 April.


Funds fall short as Rana Plaza compensation nears

Leonie Barrie | 14 Mar 2014

Compensation payments to victims of the Rana Plaza factory collapse are due to start next month - but campaigners admit funds still fall far short of the $40m needed to make payments to all workers.


Compensation fund created for Rana Plaza victims

Leonie Barrie | 2 Jan 2014

Eight months after the Rana Plaza garment factory complex collapsed in Bangladesh with the loss of more than 1,190 lives, a landmark agreement has been reached to deliver an estimated $40m in compensation to victims of the disaster.


Factory clean-up after Cambodia workers faint

Katie Smith | 25 Nov 2013

Random inspections are set to take place at garment manufacturer King First Industrial Co after more than 100 workers fainted over two days last week.


Cato Q3 profit grows 5%, lifts outlook

Katie Smith | 22 Nov 2013

Cato Corporation has reported a 5% increase in third-quarter net profit, helped by a better-than-expected performance in October - and has lifted its full-year earnings guidance.


Report criticises Rana Plaza compensation progress

Richard Woodard | 24 Oct 2013

Not enough progress has been made on delivering compensation to families and workers affected by the Rana Plaza building collapse, according to a new report from the Clean Clothes Campaign and the International Labour Rights Forum.


Cato Q2 profit slips on slight sales decline

Katie Smith | 22 Aug 2013

Value-priced fashion retailer The Cato Corporation today (22 August) posted a 15.5% decline in second quarter profit as sales slipped amid a "difficult environment".


Activists put Bangladesh compensation at EUR54m

Leonie Barrie | 24 May 2013

Labour rights groups estimate that more than EUR54m (US$71m) in long-term compensation payments are due to victims of the Rana Plaza factory complex collapse in Bangladesh last month.


Cato Q1 profit slips on weaker sales

Katie Smith | 23 May 2013

Value-priced fashion apparel The Cato Corporation has today (23 May) reported a 2.8% decline in first-quarter profit after cooler temperatures dampened sales.


Retailers move towards Bangladesh safety plan

Leonie Barrie | 1 May 2013

A group of Western clothing retailers and brands have agreed to a deadline later this month to finalise a fire and building safety plan aimed at preventing industrial disasters like the collapse last week of the Rana Plaza factory complex in Bangladesh.


Retailers begin to compensate factory victims

Petah Marian | 30 Apr 2013

UK fashion retailers Primark and Matalan, as well as Canadian brand Joe Fresh, have all agreed to pay compensation and offer emergency food aid to victims who worked for their suppliers in the collapsed Bangladesh factory building.


Cato Q4 income down after “difficult” year

Richard Woodard | 22 Mar 2013

Value-led fashion retailer The Cato Corporation saw net profit slump in the fourth quarter, hit by the weak economy and rising costs.


Cato 3Q earnings tumble 24%

Leonie Barrie | 16 Nov 2012

Value fashion retailer The Cato Corporation has updated its full-year earnings guidance after posting a 24% drop in third quarter profit.


Cato posts 4.4% decline in Q2 net income

Petah Marian | 16 Aug 2012

US clothing retailer Cato reported a 4.4% decline in second quarter net income as it faced a challenging consumer environment.


Cato posts 4% increase in first-quarter net income

Petah Marian | 18 May 2012

Cato has reported a 4% increase in first quarter net income as the company said it sold more higher margin merchandise.


Cato Q4 profit drops on “difficult” trading

Richard Woodard | 16 Mar 2012

Value-led clothing retailer The Cato Corporation recorded a 7% drop in fourth quarter profit, impacted by a slight revenue decline and a 4% fall in comparable store sales.


Cato cautious on FY amid Q3 sales fall

Leonie Barrie | 18 Nov 2011

Value fashion retailer The Cato Corporation expects full-year earnings to come in at the low end of forecasts after seeing third-quarter sales fall amid difficult economic conditions.


Cato lowers forecast despite Q2 profit rise

Leonie Barrie | 19 Aug 2011

Value-priced fashion retailer The Cato Corporation has managed to lift its second quarter profit by 7%, but warned rising raw material costs will have a negative effect on second half performance.

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