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just-style management briefing: Retail winners and losers in 2011

19 December 2011

While some retailers continued to be vulnerable to cost-cutting, swingeing redundancies and store closures in 2011, others acted swiftly to respond to the changing economic circumstances, offering real value to their customers and embarking on ambitious international expansion.

US: Favourable comparisons boost Hot Topic Q3 profit

17 November 2011

Fashion retailer Hot Topic Inc has reported a surge in third quarter profit, thanks to favourable comparisons with the year-ago period which included an impairment charge for the ShockHound music and merchandise business.

US: Hot Topic appoints CEO Harper as chairman

7 November 2011

US apparel retailer Hot Topic has named company CEO Lisa Harper as chairman of its board of directors.

US retail sales cool in October

4 November 2011

Growth in US same-store sales appeared to cool in October as weather and economic malaise weighed on retailers, putting extra pressure on businesses as they transition into the crucial holiday season.

US: Hot Topic taps Mizicko to lead planning and allocation

6 October 2011

Hot Topic Inc has hired Mark Mizicko as its senior vice president of planning and allocation, tasked with developing the youth fashion retailer's strategies in these areas.

US: Hot Topic appoints two executives

1 September 2011

Hot Topic has announced the appointment of two executives - Don Hendricks as chief information officer and Jeff Allison as senior vice president of planning and allocation.

US: Hot Topic Q2 loss fractionally down

18 August 2011

Retailer Hot Topic posted a slightly reduced second-quarter net loss thanks to a marginal increase in sales and a 2.6% rise in comparable-store sales.

July sales a mixed bag for US apparel retailers

8 August 2011

Lured by warm weather and deep discounts as stores cleared their summer merchandise, US shoppers hit the malls in July giving an overall boost to many apparel retailers - but the results shed little light on back-to-school spending plans.

US: Retailers' July 2011 sales roundup

4 August 2011

The following is a general roundup of US apparel and shoe chains' July 2011 sales results.

VIEWPOINT: US apparel retail sales shine in June

8 July 2011

While cold weather, storms and flooding dampened demand for spring and summer merchandise in May, US apparel retailers rebounded with a better than expected performance in June after a combination of lower gas prices, sunshine and deep discounting encouraged shoppers to hit the stores.

US: Retailers' June 2011 sales roundup

7 July 2011

The following is a general roundup of US apparel and shoe chains' June 2011 sales results. The list will be updated as new results become available.

US retailers see only modest sales gains in May

3 June 2011

After receiving a late Easter boost to sales last month, it was perhaps inevitable that US apparel retailers would see only modest sales gains in May, with many blaming cold weather, storms and flooding for dampening demand for spring and summer merchandise.

US: Retailers' May 2011 sales roundup

2 June 2011

The following is a general roundup of US apparel and shoe chains' May 2011 sales results. The list will be updated as new results become available.

US: Hot Topic widens Q1 loss on restructuring costs

19 May 2011

Teen apparel retailer Hot Topic Inc has seen its first quarter losses widen thanks to falling sales and restructuring costs.

Late Easter helps US apparel retailers in April

6 May 2011

US retailers' April sales were lifted by this year's late Easter which shifted holiday selling into the month and provided a much-needed boost to revenues, but worries continue to persist over the impact of higher fuel prices.

US: Retailers' April 2011 sales roundup

5 May 2011

The following is a general roundup of US apparel and shoe chains' April 2011 sales results. The list will be updated as new results become available.

just-style management briefing: More software trends to watch

4 May 2011

After weathering the storm of recession, today's apparel companies now face a significantly more challenging and competitive market. Technologies they would be wise to watch in the year ahead include lead time optimisation, business intelligence, cloud computing and 3D tools.

US: Destination Maternity appoints Daniel president

28 April 2011

Maternity apparel retailer Destination Apparel has appointed ex-Torrid executive Chris Daniel as the company’s new president, with effect from 1 June.

US: Retailers' March 2011 sales roundup

7 April 2011

The following is a general roundup of US apparel and shoe chains' March 2011 sales results. The list will be updated as new results become available.

US: Hot Topic to close ShockHound business

29 March 2011

Mall-based specialty retailer Hot Topic has announced plans to discontinue its ShockHound.com music merchandise store as part of a wider restructuring.

US: Hot Topic names new CEO as McLaughlin resigns

22 March 2011

Teen retailer Hot Topic Inc has parachuted in board member Lisa Harper as its new chief executive, replacing Betsy McLaughlin who has resigned after more than a decade at the helm.

Shapewear finds perfect fit in the UK

16 March 2011

Two leading underwear brands have told a UK industry gathering that sales of shapewear continue to gain momentum - and that "shape" is replacing "size" as the buzz word of the moment.

THE FLANARANT: Arab unrest and its impact on the apparel industry

8 March 2011

When the Berlin Wall fell in 1989 it triggered events which indirectly led to garment and textile manufacture leaving rich countries. Is the current unrest in the Middle East likely to create anything so transforming? The answer may well be "yes," says Mike Flanagan, but not in the same way.

US: Hot Topic falls to Q4 loss

8 March 2011

Mall-based retailer Hot Topic has swung to a net loss for the fourth quarter, after sales declined 0.8% during the period.

US: Torrid president Chris Daniel to leave Hot Topic

1 February 2011

Chris Daniel, the President of Hot Topic’s Torrid plus-size division division, is to leave the company on 29 April, the specialty retailer said yesterday (31 January).

US: Retailers' December 2010 sales roundup

6 January 2011

The following is a general roundup of US apparel and shoe chains' August 2010 sales results. The list will be updated as new results become available.

December management briefing: Part I - Retail winners and losers in 2010

20 December 2010

While some retailers continued to be vulnerable to cost-cutting, swingeing redundancies and store closures in 2010, others acted swiftly to respond to the changing economic circumstances, offering real value to their customers and embarking on ambitious international expansion.

US: Hot Topic to close stores, cut jobs as Q3 profit slumps

17 November 2010

Teen retailer Hot Topic Inc is to close up to 50 stores and axe 14% of its head office and field management jobs after third quarter profit plunged 93%.

Holiday hopes high despite softer October sales

5 November 2010

Sitting between the back-to-school spending rush and the all-important holiday shopping season, it's perhaps not surprising that October sales growth at US retailers came in at just 1.6% - the slowest year-on-year gain since April.

US: Retailers' October 2010 sales roundup

4 November 2010

The following is a general roundup of US apparel and shoe chains' October 2010 sales results. The list will be updated as new results become available.

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