Chico's FAS

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US Q2 in brief – Boot Barn Holdings, VF Corp, Sears just-style | 26 Oct 18

In the latest second-quarter filings from US apparel and footwear brands and retailers, VF Corp raised its full-year guidance on strong sales and earnings, while L Brands reported a 28.7% drop in earnings, and Urban Outfitters achieved record second-quarter sales and a jump in profit.


US Q1 in brief – Destination Maternity, Tailored Brands, Boot Barn just-style | 8 Aug 18

In the latest first-quarter filings from US apparel and footwear brands and retailers, PVH Corp saw revenues exceed guidance thanks to strength across the business, while Guess saw continued momentum in Europe and Asia push earnings and sales up in the three months ended 5 May. Dick's Sporting Goods raised its full-year outlook and Destination XL narrowed its net losses.


US Q4 in brief – Boot Barn Holdings, Destination Maternity just-style | 18 May 18

In the latest fourth-quarter filings from US apparel and footwear brands and retailers, Destination Maternity narrowed its net loss, Sears was boosted by the new US tax law, Caleres returned to profit, Dick's Sporting Goods achieved growth across key businesses, and Urban Outfitters produced record fourth-quarter sales.


US Q3 in brief – Deckers Brands, Boot Barn Holdings just-style | 6 Feb 18

In the most recent third-quarter filings from US apparel and footwear brands and retailers, Deckers Brands exceeded expectations, while Boot Barn Holdings saw earnings nearly double. Destination Maternity, meanwhile, widened its losses.


US Q2 in brief – Finish Line, Zumiez, Tailored Brands, Vince Holding just-style | 22 Sep 17

In the most recent second-quarter filings from US apparel and footwear brands and retailers, PVH upped its full-year guidance based on strong second-quarter results, while Guess saw its results boosted by solid growth in both Europe and Asia. Oxford Industries, meanwhile, saw mixed results as earnings fell but sales edged up.


US Q1 in brief – Cherokee, The Finish Line, J Crew Michelle Russell and Beth Wright | 10 Jul 17

In the most recent first-quarter filings from US apparel and footwear brands and retailers, G-III Apparel moved to a loss on acquisition charges, while Guess saw earnings fall on soft Americas sales. Kate Spade, meanwhile, saw earnings slump on the back of sales declines, while Hudson's Bay recorded comparable store declines on the back of lower domestic store traffic across all banners. 


Chico's partners with First Insight for predictive analytics Beth Wright | 22 Jun 17

US omni-channel women's wear retailer Chico's FAS has partnered with technology firm First Insight to more quickly and accurately make design, buying and pricing decisions on the apparel, footwear and accessories it sells both in-store and online.


US Q4 in brief – Cherokee, Vince Holding, Destination Maternity Michelle Russell and Beth Wright | 15 May 17

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. 


Chico's eyes labelling efficiencies with Nexgen deal Michelle Russell | 23 Jan 17

US omni-channel women's wear retailer Chico's FAS is eyeing increased visibility into its supply chain and improved engagement with its vendors thanks to a new partnership with apparel identification and RFID business Nexgen Packaging.


US Q3 in brief – The Finish Line, Destination Maternity, Cherokee, Sears Michelle Russell and Beth Wright | 9 Dec 16

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.


Retail fallout unclear following Hanjin Shipping collapse Leonie Barrie | 14 Sep 16

As efforts continue to try to rescue cargo stranded in the wake of the collapse of Hanjin Shipping, the world's seventh-largest container shipper, fallout for apparel and footwear importers and exporters remains unclear.


US Q2 in brief - The Finish Line, Cherokee, Zumiez, Vince Holding, Tailored Brands Michelle Russell and Beth Wright | 9 Sep 16

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. 


Chico's FAS to slash 13% of workforce Beth Wright | 31 Aug 16

US women's wear retailer Chico's FAS is to cut around 200 jobs, or 13% of its workforce in a strategic move to create a "flatter" and more nimble organisation, as it revealed lower earnings and sales in its second quarter.


Chico's shareholder drops fight for board seats Beth Wright | 21 Jul 16

Barington Capital Group had dropped its campaign for seats on the board of US women's wear retailer Chico's FAS.


Fight for Chico's board seats ongoing Beth Wright | 22 Jun 16

As the annual meeting of shareholders for Chico's FAS looms on 21 July, the fight is ongoing for a seat on the board of the US women's wear retailer.


Chico's reassures shareholders as investor spat continues Beth Wright | 17 Jun 16

Chico's FAS has reassured shareholders the company is "successfully executing" its strategic plan in the latest move amid a deepening rift between the US women's wear retailer and activist investor Barington Capital Group.


Retailer Chico's FAS faces a fight for board seats Beth Wright | 7 Jun 16

Activist investor Barington Capital Group has issued a second open letter to shareholders at US women's wear retailer Chico's FAS, urging them to "stop, look and listen" before voting for two directors to serve on the company’s nine-person board. 


Chico's realigns marketing and digital functions Michelle Russell | 26 Apr 16

Chico's says its digital commerce and chief marketing officer, Miki Berardelli, is leaving as part of a realignment by the US women's wear retailer to cut costs and place the "decision makers" directly into the firm's three brands. 


US Q4 in brief: Cherokee Global Brands, Perry Ellis, Destination Maternity Michelle Russell | 15 Apr 16

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. 


Combating the new normal – 10 trends for 2016 Katie Smith | 27 Jan 16

A more promotional athleisure scene, the benefits of store rationalisation starting to come through, and in-store traffic continuing on its downward trajectory as consumers increasingly shop online, are among ten predictions likely to shape the US clothing and footwear sector this year, analysts say. They also look at what might be in store for Lululemon, Hanesbrands and Ascena Retail Group.


US Q3 in brief: Finish Line, Gymboree, Cherokee Global Brands, Men's Wearhouse Michelle Russell and Katie Smith | 7 Jan 16

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. 


Chico's taps former Wal-Mart executive to take helm  Katie Smith | 28 Oct 15

US women's wear retailer Chico's has tapped former Wal-Mart executive Shelley Broader as its new president and CEO. 


US Q2 in brief: Finish Line, Zumiez, Cherokee, Gymboree Michelle Russell and Beth Wright | 25 Sep 15

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 Q1 in brief: Finish Line, Cherokee, Destination Maternity Michelle Russell and Katie Smith | 26 Jun 15

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.


Chico's chief executive Dyer to retire Michelle Russell | 21 May 15

David Dyer, the president and chief executive of US women's wear retailer Chico's, has announced his intention to retire.


Chico's to close stores as Q4 earnings climb Michelle Russell | 26 Feb 15

US women's wear retailer Chico's has booked an increase in fourth-quarter earnings but outlined plans for a series of cost reduction initiatives that will result in 120 store closures and 250 job cuts.


Chico's optimistic despite Q3 profit slide Michelle Russell | 25 Nov 14

US women's wear retailer Chico's has has booked a drop in third-quarter earnings but remains optimistic progress is being made on its initiatives.


Chico's addresses inventory accuracy with RFID Michelle Russell | 8 Oct 14

US retailer Chico's has adopted Tyco's RFID-based Inventory Intelligence to help boost inventory accuracy and visibility challenges in 13 Soma Intimates pilot stores.


US: "Significant macro tailwinds" seen bolstering Q3 Katie Smith | 25 Sep 14

Easy comparisons with last year, when consumer confidence and spending were hurt by uncertainty leading up to the US government shutdown, is one of a number of factors that could could bolster third-quarter results for US apparel retailers.


US: Chico’s Q2 profit drop gets mixed response Richard Woodard | 28 Aug 14

Retailer Chico’s 31% reduction in second quarter net profit met with a mixed reception from analysts in the US, with margin pressures expected to continue into the third quarter.

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