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Apparel and textile industry company news

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Joe Ayling | 20 Nov 2009

This week's third quarter figures suggest that US fashion retailers appear to have steadied the ship - at least on the bottom line.


just-style.com | 12 Apr 2007

The following is a general roundup of apparel and shoe chains' March 2007 sales results. The list will be updated as new results become available.

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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. 


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. 


Katie Smith | 14 Jan 2016

With the holiday season done and dusted, US apparel and footwear retailers are now counting the cost. In the most recent results, New York & Co has narrowed its fourth-quarter outlook despite posting an increase in comparable store sales, while Express has lifted its guidance. Shoe Carnival, Genesco and American Eagle Outfitters all booked increases. However, Bon-Ton Stores and Ascena Retail Group posted declines. 


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. 


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.


Katie Smith | 20 Mar 2015

Apparel retailer New York & Co has swung to a fourth-quarter and full-year loss, weighed down by lower sales, increased promotions and higher freight costs from the West Coast port disruption.


Michelle Russell | 12 Jan 2015

Apparel retailer New York & Company saw its sales slide over the holiday period as a result of soft demand for seasonal products.


Michelle Russell | 12 Jan 2015

Apparel retailer New York & Company saw its sales slide over the holiday period as a result of soft demand for seasonal products.


Richard Woodard | 4 Dec 2014

Apparel retailer New York & Company saw its adjusted third quarter net loss more than double as revenues and comps both dipped by 3.4%.


Richard Woodard | 4 Dec 2014

Apparel retailer New York & Company saw its adjusted third quarter net loss more than double as revenues and comps both dipped by 3.4%.


Katie Smith | 5 Nov 2014

US apparel chain New York & Company has said it expects to report a deeper adjusted operating loss in the third quarter than previously predicted.


Katie Smith | 5 Nov 2014

US apparel chain New York & Company has said it expects to report a deeper adjusted operating loss in the third quarter than previously predicted.


Katie Smith | 26 Aug 2014

Specialty apparel chain New York & Co has managed to narrow its loss during the second quarter, thanks to lower costs and sales growth.


Katie Smith | 26 Aug 2014

Specialty apparel chain New York & Co has managed to narrow its loss during the second quarter, thanks to lower costs and sales growth.


Katie Smith | 23 May 2014

Specialty apparel chain New York & Co swung to a loss during the first quarter, weighed down by weaker comparisons on last year.


Katie Smith | 23 May 2014

Specialty apparel chain New York & Co swung to a loss during the first quarter, weighed down by weaker comparisons on last year.


Michelle Russell | 21 Mar 2014

Specialty apparel chain New York & Co has said it expects lower sales and gross margin in its current quarter as it revealed a 34.3% drop in fourth-quarter earnings.


Michelle Russell | 21 Mar 2014

Specialty apparel chain New York & Co has said it expects lower sales and gross margin in its current quarter as it revealed a 34.3% drop in fourth-quarter earnings.


Michelle Russell | 15 Jan 2014

Specialty apparel chain New York & Co has narrowed its fourth-quarter earnings guidance but offered a positive outlook despite trading in what it says is a "challenging" retail environment.


Michelle Russell | 15 Jan 2014

Specialty apparel chain New York & Co has narrowed its fourth-quarter earnings guidance but offered a positive outlook despite trading in what it says is a "challenging" retail environment.


Michelle Russell | 5 Dec 2013

Specialty apparel chain New York & Co has narrowed its net loss and recorded an increase in comparable store sales in the third quarter.


Michelle Russell | 5 Dec 2013

Specialty apparel chain New York & Co has narrowed its net loss and recorded an increase in comparable store sales in the third quarter.


Michelle Russell | 5 Dec 2013

Specialty apparel chain New York & Co has narrowed its net loss and recorded an increase in comparable store sales in the third quarter.


Katie Smith | 23 Aug 2013

Specialty apparel chain New York & Co has seen its second quarter losses narrow, after stronger comparable store sales and improved margins offset a decline in total sales.


Katie Smith | 23 Aug 2013

Specialty apparel chain New York & Co has seen its second quarter losses narrow, after stronger comparable store sales and improved margins offset a decline in total sales.

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