Macy's Inc

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US: Retailers' February 2009 sales roundup | 5 Mar 09

The following is a general roundup of US apparel and shoe chains' February 2009 sales results. The list will be updated as new results become available.

In the money: Department stores re-size for recession Joe Ayling | 27 Feb 09

Times are tough for US department stores, with Macy's, Saks Inc, Nordstrom, TJX, Kohl's and JC Penney all posting tumbling annual profits this week. And with a prolonged recessionary period predicted in the US, most department stores are bracing themselves for more of the same too, as Joe Ayling reports.

US: Greensource's organic jeans range hits value chains | 18 Feb 09

Organic cotton firm Greensource has introduced a range of organic jeans online and at Wal-Mart and Kmart stores.

Top stories on just-style this week... | 6 Feb 09

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: Macy's axing 7,000 jobs, rolling out local store concept | 3 Feb 09

Department store retailer Macy’s Inc is axing 7,000 jobs, lowering its quarterly dividend, cutting back on capital expenditure and centralising its buying and merchandise planning operations as part of a range of measures aimed at reducing costs amid a challenging economy.

US: Jones Apparel appoints Mettler and Georgiadis to board | 2 Feb 09

Jones Apparel Group has elected Robert L Mettler and Margaret H Georgiadis to the company's board of directors.

US: Lord & Taylor to receive $60m finance injection - report | 16 Jan 09

Department store chain Lord & Taylor has been boosted by a US$60m lifeline cash injection from owner NRDC Equity Partners, reported the New York Post.

GERMANY: Hugo Boss names new CEO for Americas | 13 Jan 09

Hugo Boss has confirmed to just-style that Mark Brashear will be joining the company as president and CEO for the Americas this month.

US: Macys to close 11 stores as December sales slip 4% | 8 Jan 09

Department store giant Macy's Inc today (8 January) revealed plans to close 11 underperforming stores in 10 states and lowered its fourth-quarter earnings forecast after same-store sales fell 7.5% in November and December.

US: Macy’s amends $2bn bank credit agreement | 18 Dec 08

Department stores retailer Macy’s Inc has amended its $2bn bank credit facility to provide additional financial flexibility to weather economic downturn.

In the money: Retailers pin hopes on Black Friday | 28 Nov 08

The Black Friday shopping bonanza sets a precedent for holiday season sales in the US. But rarely has it been more important to fashion retailers as many try to manoeuvre their way out of the red after an all-round colourful third quarter. Joe Ayling reports.

US: Men's Wearhouse promotes Blake as K&G president | 24 Nov 08

Men's apparel retailer Men's Wearhouse has promoted Mary Beth Blake as president of the company's K&G Fashion discount superstore concept.

US: Macy’s swings to Q3 loss, cuts capital spending | 13 Nov 08

Despite swinging to a third quarter loss and slashing its capital spending plans for next year, department-store operator Macy’s Inc has reaffirmed its sales and earnings guidance for the current fiscal year.

US: Retailers' October 2008 sales roundup | 6 Nov 08

The following is a general roundup of US apparel and shoe chains' October 2008 sales results. The list will be updated as new results become available.

SINGAPORE: Apparel firms step up efforts to supply US retailers | 29 Oct 08

Apparel makers in Singapore are stepping up their efforts to build business with US retailers by claiming they have the reach and experience to help companies stay competitive in the global credit crisis.

US: Macy’s celebrates 150 years in style | 28 Oct 08

US department store Macy's today (28 October) celebrates 150 years in business and is throwing a New York City Birthday Gala featuring a host of fashion celebrities.

US: Macy’s lowers 2008 forecast as sales slide | 13 Oct 08

Department store retailer Macy’s Inc has lowered its full year earnings guidance after third quarter sales look set to be lower than expected.

US: Macy's slates 2010 Dubai launch for Bloomingdale’s | 22 Sep 08

US department store chain Macy’s is to open its first Bloomingdale’s stores outside of the US in February 2010 in Dubai, United Arab Emirates (UAE).

US: Tommy Hilfiger launches sportswear at Macy’s | 9 Sep 08

Tommy Hilfiger has rolled out its first men’s and women’s US sportswear collection which is being sold exclusively at New York-based retailer Macy’s under a deal agreed between the two companies last October.

US: Charges drive down Macy’s H1 profits | 13 Aug 08

First-half profits at retail giant Macy’s plummeted as the US company bore the brunt of charges related to its consolidation process.

CANADA: InGroup lands licensing deal with Kersh | 5 Aug 08

Fashion licensing agency InGroup Licensing has signed an exclusive deal with Canadian women’s wear label Kersh to expand the line to footwear, jewellery, outerwear and intimates.

US: Sean John appoints Dawn Robertson as president | 4 Aug 08

Sportswear brand Sean John has named former Gap Inc executive Dawn Robertson as its new president, effective immediately.

US: Macy's mulls action against New York sweatshop | 30 Jul 08

Trying to distance itself from the New York garment factory last week accused of labour law violations, retailer Macy’s Inc yesterday (29 July) issued a statement to say that its goods were not produced in the sweatshop facility.

US: New York garment factory underpaid workers by $5.5m Joe Ayling | 24 Jul 08

Jin Shun Incorporated, a Queens-based garment contractor for some of the top US retail brands, has been accused of a range of labour law violations by New York State officials – including withholding $5.5m in unpaid wages.

US: Charming Shoppes president and CEO resigns | 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: Wal-Mart to launch first apparel line by rapper | 3 Jul 08

Wal-Mart is launching its first apparel range from an African-American hip-hop supplier this autumn through a new exclusive deal with rappers Master P and his son Romeo.

NETHERLANDS: Tommy Hilfiger FY sales soar 14.4% | 23 Jun 08

Tommy Hilfiger, the fashion retailer and lifestyle brand which was sold to private equity firm Apax Partners for $1.6bn two years ago, today (23 June) said it is setting itself up for continued global expansion after posting a record 23.9% hike in earnings before interest, taxes, depreciation and amortization (EBITDA) on a 14.4% jump in sales.

US: Macy's launches new women’s slimwear line | 23 Jun 08

Retailer Macy’s has launched a new women’s shapewear collection for the first time in the US which combines cosmetics and textiles to smooth skin and reduce the appearance of cellulite.

US: LittleMissMatched to grow with Macy's deal, funding | 18 Jun 08

Fast-growing lifestyle brand LittleMissMatched is about to embark on the next phase of its expansion after securing $17.3m in private equity funding and a new deal to open 85 boutiques in Macy’s stores.

US: Macy’s launches new Rolling Stone T-shirts | 11 Jun 08

Department store Macy’s has teamed up with Rolling Stone magazine to unveil a new range of T-shirts based on famous covers from the music magazine’s 40-year history.






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