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Joe Ayling | 20 Nov 2009

This week's third quarter figures suggest that US fashion retailers appear to have steadied the ship - at least on the bottom line.

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In the most recent fourth-quarter filings from US apparel and footwear brands and retailers, Destination XL moved to a profit but booked lower sales, while Caleres moved to a loss in the quarter. VF Corporation, meanwhile, revealed a fall in both sales and earnings for the quarter, while Stein Mart moved to a loss as a result of "aggressive" promotions. 


In the most recent third-quarter filings from US apparel and footwear brands and retailers, Sears Holdings remained optimistic despite widening its net losses, while Vince Holding blamed challenging conditions and warm weather for a fall in both earnings and sales. Abercrombie & Fitch, meanwhile, revealed a "disastrous" quarter as sales fell and earnings plummeted 80%, while American Eagle Outfitters booked record sales and its 9th consecutive quarter of profit improvement.


Beth Wright | 17 Oct 2016

Footwear retailer Shoe Carnival has named former Sports Authority executive Clint Pierce as its vice president and divisional merchandise manager for athletic footwear.


In the most recent second-quarter filings from US apparel and footwear brands and retailers, Tailored Brands showed improvement on Q1 but saw earnings slide, while DSW booked mixed results. Abercrombie & Fitch widened its net losses but remained optimistic, while Destination Maternity revealed improved losses. Express, meanwhile, delivered what it described as a "disappointing" second-quarter, below management expectations, and Macy's saw a "distinct" improvement in its sales and earnings trends for the quarter. 


Michelle Russell | 15 Apr 2016

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. 


Katie Smith | 14 Jan 2016

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. 


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. 


Michelle Russell | 12 Jun 2015

Footwear retailer Shoe Carnival has developed a small-market concept that it says will allow the company to expand into new, and fill-in, existing markets.


Michelle Russell | 21 May 2015

Footwear retailer Shoe Carnival saw its earnings and sales climb in the first quarter despite a “challenging” start to the year.


Michelle Russell | 19 Mar 2015

Shoe Carnival said national advertising, better brands in its women’s department and “aggressive” multi-channel initiatives helped boost fourth-quarter earnings and sales for the group.


Richard Woodard | 2 Dec 2014

Footwear retailer Shoe Carnival posted a slight reduction in third quarter net profit, despite rises in both sales and comparable store sales in the three months to 1 November.


Katie Smith | 4 Sep 2014

Value footwear retailer Shoe Carnival more than halved its net profit during the second quarter, after store traffic remained soft in a "choppy" sales environment.


Katie Smith | 27 May 2014

Value footwear retailer Shoe Carnival has reported a decline in first-quarter profit, after harsh weather kept shoppers away from its stores.


Katie Smith | 21 Mar 2014

A drop in sales during the fourth quarter has led to an 81% slump in profit at value footwear retailer Shoe Carnival.


Michelle Russell | 10 Jan 2014

Shoe Carnival saw it share price slide yesterday after the US footwear retailer lowered its fourth-quarter earnings guidance.


Katie Smith | 3 Dec 2013

Value footwear retailer Shoe Carnival has blamed an unfavourable calendar shift for a 10.7% decline in third-quarter net profit.


Petah Marian | 30 Aug 2013

US footwear retailer Shoe Carnival saw second quarter net profits double during the second quarter on rising sales and improving margins.


Katie Smith | 13 Jun 2013

Shoe Carnival has named Kent Zimmerman as its new vice president of e-commerce as the value-price footwear and accessories retailer looks to drive online growth.


Katie Smith | 28 May 2013

US footwear and accessories retailer Shoe Carnival has seen its first-quarter net profit decline 13.6% after wetter weather dampened sales growth.


Petah Marian | 2 Apr 2013

US footwear retailer Shoe Carnival saw fourth quarter net earnings edge down, despite sales increasing over the quarter.


Katie Smith | 7 Mar 2013

Value-priced footwear retailer Shoe Carnival has lowered its fourth-quarter earnings guidance for the second time this year, after colder weather negatively impacted athletic sales.


Katie Smith | 15 Jan 2013

US footwear retailer Shoe Carnival has lowered its fourth-quarter earnings guidance, blaming unseasonably warm weather early in the period.


Katie Smith | 5 Dec 2012

Value footwear retailer Shoe Carnival has appointed Carl Scibetta as executive vice president and general merchandise manager.


Katie Smith | 20 Nov 2012

Shoe Carnival said it is "well positioned" to capitalise on holiday sales after the value-priced footwear retailer posted a 16.9% rise in third-quarter net profit on the back of improved margins and increased sales.


Katie Smith | 18 Oct 2012

Mark Lemond, CEO of value-priced footwear retailer Shoe Carnival, will retire due to health reasons at the end of October after 16 years in the role.


Katie Smith | 24 Aug 2012

Value footwear retailer Shoe Carnival has booked a 5.3% rise in second-quarter net profit on the back of increased sales and better-than-expected merchandise margins.


Petah Marian | 18 May 2012

Footwear retailer Shoe Carnival reported an 11% increase in first quarter net income on the back of rising sales.


Katie Smith | 26 Mar 2012

Value-priced footwear retailer Shoe Carnival has appointed James Aschleman to its board of directors.

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