Charming Shoppes

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US: Charming Shoppes sells misses apparel catalogues just-style.com | 19 Sep 08

Women's plus-size apparel retailer Charming Shoppes Inc has sold its non-core misses apparel catalogues to Orchard Brands, a unit of Golden Gate Capital, for $35m.


Top stories on just-style this week... just-style.com | 29 Aug 08

Here is a roundup of the top five most-read stories on just-style this week. Click on each headline for the full story.


US: Charming Shoppes swings to second quarter loss just-style.com | 27 Aug 08

Apparel retail chain Charming Shoppes has reported a loss from continuing operations in the second quarter of $3.7m, compared to income of $20.9m for the prior year period.


US: Charming Shoppes sells Misses catalogues for US$35m just-style.com | 26 Aug 08

Women’s wear retailer Charming Shoppes has signalled a change in company strategy with the US$35m sale of its non-core Misses apparel catalogue businesses.


US: Charming Shoppes president and CEO resigns just-style.com | 9 Jul 08

US retailer Charming Shoppes has announced the resignation of Dorrit J Bern as its president and chief executive officer and a member of the board of directors.


US: Collective Brands names Via as new Payless chief just-style.com | 9 Jul 08

Collective Brands has named LuAnn Via, most recently group divisional president of Charming Shoppes' Lane Bryant and Cacique retail chains, as president and chief executive officer of its footwear chain Payless ShoeSource.


US: Charming Shoppes Q1 profit stumbles on lower sales just-style.com | 22 May 08

First quarter profit at Charming Shoppes Inc has slumped as fewer customers visit its stores, prompting the women's plus-size apparel retailer to forecast weak second-quarter results.


US: Charming Shoppes settles proxy contest just-style.com | 9 May 08

Retail chain Charming Shoppes is to elect two committee nominees as part of a deal to resolve the proxy contest relating to the company's 2008 shareholder meeting next month.


US: Offer spurned as Charming Shoppes battle hots up just-style.com | 6 May 08

Executives at women’s wear retailer Charming Shoppes are girding themselves for a battle with dissident shareholders at a crunch meeting later this week.


US: Charming Shoppes mulls options for misses catalogue unit just-style.com | 28 Apr 08

Charming Shoppes Inc is to explore strategic options for its non-core misses apparel catalogue titles so that it can focus on its core Lane Bryant, Catherines and Fashion Bug brands.


US: Charming Shoppes swings to full-year loss just-style.com | 19 Mar 08

Apparel retailer Charming Shoppes reported a net loss before extraordinary gain of $87.7m for the 2007 fiscal year, due to one-time charges, a decline in gross margins and negative expense leverage on lower than planned sales.


US: More cost-cuts as Charming Shoppes closes 150 stores just-style.com | 5 Feb 08

US retailer Charming Shoppes has unveiled a new round of cost-cutting measures, including the closure of 150 stores and a US$40m cut to its fiscal 2009 capital budget.


US: Shop swap as Paccione moves to Deb Shops just-style.com | 5 Feb 08

Diane Paccione has joined retailer Deb Shops as its new CEO, moving from Charming Shoppes, where she was president of the company’s Bensalem-based retail brands.


US: Proxy contest heats up at Charming Shoppes just-style.com | 16 Jan 08

Plus size women's wear chain Charming Shoppes has confirmed that shareholder Crescendo Partners intends to nominate three individuals, including two hedge fund representatives, for election to the retailer's board.


US: Aggressive discounts hit Charming Shoppes Q4 earnings just-style.com | 11 Jan 08

Weak Christmas traffic in Charming Shoppes stores reduced margins for the specialist retailer, leading to a revision of its fourth quarter projections.


US: Charming Shoppes swings to $3.6m third quarter loss just-style.com | 22 Nov 07

US retailer Charming Shoppes, which specialises in women's plus-size apparel, reported a third quarter net loss of US$3.6m, compared to net income of $19.4m in the prior year period.


US: Charming Shoppes restructures marketing functions just-style.com | 15 Nov 07

Charming Shoppes has appointed a marketing boss and consolidated the management of its marketing functions for its retail brands, through the creation of a corporate marketing group in Bensalem, PA.


US: Charming Shoppes to relocate Catherines unit, lowers outlook just-style.com | 9 Nov 07

Women's plus-size apparel retailer Charming Shoppes Inc is to relocate its Catherines Plus Sizes subsidiary into its Bensalem, Pennsylvania headquarters as part of a number of cost-saving initiatives announced yesterday (8 November).


US: Fashion Bug to distribute Gitano in its stores just-style.com | 10 Sep 07

Fashion Bug, a subsidiary of Charming Shoppes, has recently introduced footwear brand Gitano to its 1,100 stores in the US.


US: Christopher & Banks appoints Lorna Nagler as CEO just-style.com | 31 Aug 07

New York-listed women's clothing retailer Christopher & Banks Corporation has appointed Lorna Nagler as its president and CEO and a member of the board of directors.


US: Charming Shoppes Q2 profit falls 44%, reaffirms FY outlook just-style.com | 23 Aug 07

Women's plus-size apparel retailer Charming Shoppes Inc yesterday (22 August) posted a 44% slump in second quarter profit on deeper than planned markdowns to clear spring and summer merchandise at its stores and catalogues.


HONG KONG: Li & Fung spends $243m on apparel, shoe firms just-style.com | 16 Aug 07

Hong Kong-based Li & Fung, the world’s biggest textile sourcing group, has posted a 38% hike in first half profit and says it is to spend more than $243m on buying two suppliers to help it take advantage of the global trend toward outsourcing.


Outsize is in, but will apparel retailers latch on? just-style.com | 20 Jul 07

With the plus-size market forecast to grow by at least 10% a year in the US, the accelerated demand for outsize clothing represents a huge opportunity to generate new sales, according to a new report from just-style.


US: Charming Shoppes falls on guidance, management shakeup just-style.com | 26 Jun 07

Shares of Charming Shoppes dropped 5.6% in Nasdaq trading Monday (25 June) after the women’s specialty retailer reduced its second quarter earnings guidance and replaced the head of its Lane Bryant unit.


US: Charming Shoppes Q1 net slides 18%, adds Gitano line just-style.com | 25 May 07

Women’s specialty retailer Charming Shoppes on Thursday (24 May) reported lower earnings for the first quarter and an exclusive licensing arrangement that will bring the Gitano brand to its Fashion Bug stores.


US: Peter J Solomon bank hires multi-channel retailing specialist just-style.com | 1 May 07

Michael P Sherman, founder of Crosstown Traders and former president of Fingerhut Companies, has joined investment bank Peter J Solomon Co as a senior advisor specialising in multi-channel retailing.


US: Charming Shoppes' cautious Q1 outlook, new direct chief just-style.com | 22 Mar 07

Charming Shoppes Wednesday (21 March) reported higher fourth-quarter earnings, a cautious first-quarter forecast and the appointment of a new president of its troubled Crosstown Traders direct-to-consumer business.


US: Charming Shoppes shifts COO to division post just-style.com | 7 Feb 07

Joseph M Baron, executive vice president and chief operating officer of Charming Shoppes, has been appointed interim president of Crosstown Traders, the company’s direct-to-consumer business.


US: Charming Shoppes names supply chain chief just-style.com | 30 Jan 07

Steve McAlexander has joined Charming Shoppes as senior vice president of supply chain management.


US: Charming Shoppes cuts FY estimates just-style.com | 18 Jan 07

Warm weather cooled sales at Charming Shoppes stores during the holiday, leading the women’s specialty retailer to reduce its earnings guidance.

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