Destination Maternity

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COMMENT: Mothercare turns corner but work ahead

Struggling UK mother, baby and children's goods retailer Mothercare could finally be turning a corner after returning to profit in the first...

Mothercare pursues "aggressive" plan of recovery

Mothercare officially welcomed boss Mark Newton-Jones into the fold today (17 July) as the retail group revealed its UK performance is begin...


Petah Marian | 6 Oct 2011

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


Leonie Barrie | 1 Sep 2011

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


Leonie Barrie | 4 Aug 2011

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


Leonie Barrie | 7 Jul 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.

Latest News

just-style | 8 Sep 2017

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.


Beth Wright | 7 Sep 2017

Anthony Romano, president and CEO of Destination Maternity, is to step down from the company today (7 September) as part of a mutual agreement with its board following the termination of its merger with France's Orchestra Prémaman.


Beth Wright | 1 Aug 2017

Destination Maternity is to terminate its merger with France's Orchestra Prémaman in a move the companies say is in the best interests of their respective stockholders.


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. 


Beth Wright | 5 Jun 2017

Destination Maternity has revealed its deal to merge with France's Orchestra Prémaman continues to make good progress and remains on track to close during the company's third fiscal quarter of 2017.


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. 


Michelle Russell | 21 Dec 2016

Destination Maternity has agreed a deal to merge with France's Orchestra Prémaman in a move that will create a leading global provider of maternity apparel, childrenswear and baby hard goods.


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.


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. 


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 | 15 Dec 2015

Destination Maternity has rejected an unsolicited takeover bid by French children’s clothing company and stockholder Orchestra-Premaman S.A.


Michelle Russell | 4 Dec 2015

Destination Maternity has eliminated the role of president as part of a streamlining process, resulting in the departure of Christopher Daniel. 


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. 


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.


Michelle Russell | 13 Mar 2015

Destination Maternity has moved to a loss in its fourth-quarter on the back of charges related to management and organisational changes.


Katie Smith | 5 Dec 2014

Destination Maternity Corporation has said it is working to "aggressively" manage its inventory and become more customer-focused and product-centric, after swinging to a loss in the fourth quarter.


Michelle Russell | 17 Oct 2014

Destination Maternity is to expand into Israel through an international franchise agreement with H&O Fashion Ltd, one of the country's most dominant fashion-retail chains.


Katie Smith | 12 Aug 2014

Destination Maternity CEO Edward Krell has stepped down after six years to pursue other opportunities, and will be succeeded by Anthony Romano immediately.


Michelle Russell | 30 Jul 2014

Destination Maternity has reported a drop in earnings in its third-quarter as revenues also fell.


Michelle Russell | 28 Jul 2014

Mother, baby and children's goods retailer Mothercare says it will continue with its strategy to turn the business around following the withdrawal of a bid by Destination Maternity.


Michelle Russell | 22 Jul 2014

US clothing giant Kellwood Company has appointed industry veteran Marc Babins as president of its western region, with responsibility for the group's global supply chain.


Michelle Russell | 11 Jul 2014

Destination Maternity, which this month revealed two bids for UK firm Mothercare, has issued a profit warning following weak third-quarter sales.


Michelle Russell | 10 Jul 2014

Mother, baby and children's goods retailer Mothercare has appointed interim chief executive Mark Newton-Jones as its group CEO.

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