Christopher & Banks Corp

Apparel and textile industry company news

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Petah Marian | 28 Mar 2012

Christopher & Banks' newly appointed interim CEO Joel Waller has revealed plans to cut average prices at the US women's wear retailer by approximately 20%.

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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. 


Michelle Russell | 12 Jan 2015

US speciality women's apparel retailer Christopher & Banks has adjusted its guidance for the fourth quarter and said it is comfortable with its position heading into the new fiscal year.


Michelle Russell | 5 Dec 2014

US women's wear retailer Christopher & Banks saw its earnings climb in the 13 weeks ended 2 November despite continued soft traffic patterns.


Katie Smith | 8 Oct 2014

Women's wear retailer Christopher & Banks has lowered its third-quarter outlook, blaming continued softness in mall traffic and lower-than-expected sales from its September fashion show.


Richard Woodard | 4 Sep 2014

Women’s wear retailer Christopher & Banks returned to profitability in the second quarter, with revenues, comparable store sales and margins all improving.


Michelle Russell | 4 Aug 2014

US women's wear retailer Christopher & Banks has promoted Peter Michielutti to the role of executive VP, chief operating officer and chief financial officer.


Michelle Russell | 31 Jul 2014

US women's wear retailer Christopher & Banks has appointed former National Stores executive, Lynn Derry as its senior vice president, general merchandise manager.


Katie Smith | 10 Jun 2014

US women's wear retailer Christopher & Banks reported mixed first-quarter results, with a hike in profit but a drop in sales.


Katie Smith | 14 Mar 2014

Women's wear retailer Christopher & Banks has narrowed its loss during the fourth quarter, despite being hit by store closures and adverse weather conditions.


Katie Smith | 14 Jan 2014

US women's apparel retailer Christopher & Banks has lowered its fourth-quarter sales guidance, after being forced to close some stores because of bad weather.


Katie Smith | 4 Dec 2013

Women's apparel retailer Christopher & Banks has more than doubled its third quarter net profit, helped by improvements to its merchandise.


Leonie Barrie | 18 Nov 2013

Specialty women's apparel retailer Christopher & Banks Corporation has licensed new retail analytics software to help accelerate its allocation, purchasing and planning decisions.


Leonie Barrie | 18 Nov 2013

Specialty women's apparel retailer Christopher & Banks Corporation has licensed new retail analytics software to help accelerate its allocation, purchasing and planning decisions.


Katie Smith | 10 Sep 2013

Specialty women's apparel retailer Christopher & Banks has seen its second-quarter loss narrow on the back of higher sales at its stores, as well as better-than-expected margin growth.


Katie Smith | 7 Jun 2013

Specialty women's apparel retailer Christopher & Banks has swung to a first-quarter profit thanks to higher sales and lower asset impairment charges.


Katie Smith | 14 Mar 2013

Christopher & Banks has seen its fourth-quarter loss narrow after the women's wear retailer reduced costs and benefited from an extra week of trading.


Katie Smith | 16 Jan 2013

US women's wear retailer Christopher & Banks has lifted its fourth-quarter comparable sales guidance as it continues to make progress with ongoing restructuring efforts.


Katie Smith | 30 Nov 2012

Women's wear retailer Christopher & Banks has returned to profit during its third-quarter on lower costs and increased sales.


Katie Smith | 30 Oct 2012

Women's wear retailer Christopher & Banks has appointed former Payless ShoeSource chief executive LuAnn Via as its new president and CEO.


Katie Smith | 3 Oct 2012

Women's wear retailer Christopher & Banks says its interim chief executive Joel Waller will remain in the role for an additional three months until March.


Katie Smith | 30 Aug 2012

Women's wear retailer Christopher & Banks has seen its second-quarter losses narrow on the back of rising same-store sales as new merchandising efforts take hold.


Katie Smith | 30 Jul 2012

Christopher & Banks shareholder Aria Partners has criticised the US women's wear retailer for searching for a new CEO even though it posted improved financial results last week.


Petah Marian | 26 Jul 2012

US women's wear retailer Christopher & Banks says it expects second quarter sales to decline on the back of fewer stores - but that comparable store sales are likely to rise as its turnaround efforts take hold.


Katie Smith | 12 Jul 2012

Aria Partners, which owns 4% of Christopher & Banks, continues to urge the US women's wear retailer to consider its takeover bid, even though it rejected the offer last week.


Petah Marian | 6 Jul 2012

US women's wear retailer Christopher & Banks has rejected an unsolicited offer from Aria Partners that values the company at US$64.2m, saying it was not in the best interests of shareholders.


Petah Marian | 4 Jul 2012

US women's wear retailer Christopher & Banks has confirmed that it will consider a proposal from shareholder Aria Partners offering to acquire the company in a deal valued at US$64.2m.


Katie Smith | 3 Jul 2012

Aria Partners, which owns 4% of Christopher & Banks, has urged the women's wear retailer to consider its offer to buy the company for US$1.75 a share.


Katie Smith | 6 Jun 2012

Women's wear retailer Christopher & Banks saw its first-quarter net losses widen after admitting its merchandise was priced too high, resulting in higher markdowns.


Katie Smith | 18 Apr 2012

Women's wear retailer Christopher & Banks has appointed Peter Michielutti as its new CFO and senior vice president, replacing Michael Lyftogt who will resume the post of chief accounting officer.

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