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TJX Companies Inc

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As the threat of a US West Coast port shutdown looms, analysts already estimate the ongoing disruption could add an eye-watering US$36.9bn to costs over the next 24 months. As the congestion continues to cause headwinds for apparel businesses, retailers are being told they must investigate new supply chain options, including more near- and on-shoring.

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The second biggest shopping season of the year is drawing to a close, but it appears many people have yet to wrap up their back-to-school buying. With consumers continuing to remain cautious about their spending, promotions and bargains are set to drive sales for clothing and footwear retailers this year - with those offering on-trend product likely to fare best.

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The second biggest shopping season of the year is drawing to a close, but it appears many people have yet to wrap up their back-to-school buying. With consumers continuing to remain cautious about their spending, promotions and bargains are set to drive sales for clothing and footwear retailers this year - with those offering on-trend product likely to fare best.

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The second biggest shopping season of the year is drawing to a close, but it appears many people have yet to wrap up their back-to-school buying. With consumers continuing to remain cautious about their spending, promotions and bargains are set to drive sales for clothing and footwear retailers this year - with those offering on-trend product likely to fare best.

In the most recent second-quarter filings from US apparel and footwear brands and retailers, Footlocker blamed limited availability of innovative new products for a drop in sales; retail giant Walmart appears to be holding its own in a challenging and competitive retail market, and and US department store giant Target reported an "encouraging" second-quarter as efforts to turn around its business appear to be paying off.

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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. 

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Parisian fashion house Christian Dior, US sporting goods behemoth Nike, and Spanish clothing giant Inditex have all topped Forbes' 2017 The World's Biggest Public Companies ranking.

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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. 

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The death of the department store, the exaggerated rise of Amazon as an apparel retailer power, and the threat of European fast-fashion specialists to US retail are among a number of misconceptions currently bedevilling the retail  industry, a new report explains.

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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.

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Emanuel Chirico, chief executive of PVH Corp, and Richard Noll, chief executive of Hanesbrands, have both been named '2016 Responsible CEO of the Year' – with Chirico also picking up a  Lifetime Achievement award.

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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. 

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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. 

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Off-price retailer TJX Companies has appointed Ernie Herrman as its chief executive as part of a CEO succession plan announced last October. 

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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. 

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The CEO succession plan at TJX Companies is a positive move by the US retail group, analysts have said, as Ernie Herrman gets set to take the helm early next year.

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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. 

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US retail group The TJX Companies has signed an agreement to purchase Australian off-price fashion retailer Trade Secret.

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US off-price retailer The TJX Companies has upped its full-year earnings guidance on the back of a “strong” first-quarter performance.

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US off-price retailer The TJX Companies has upped its full-year earnings guidance on the back of a “strong” first-quarter performance.

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Bernard Cammarata, the chairman and founder of US off-price retailer The TJX Companies is to retire.

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Bernard Cammarata, the chairman and founder of US off-price retailer The TJX Companies is to retire.

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Across-the-board sales and comps increases for its divisions helped cut-price retail group The TJX Companies to record a 15% lift in fourth-quarter net profit.

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Across-the-board sales and comps increases for its divisions helped cut-price retail group The TJX Companies to record a 15% lift in fourth-quarter net profit.

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Across-the-board sales and comps increases for its divisions helped cut-price retail group The TJX Companies to record a 15% lift in fourth-quarter net profit.

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Across-the-board sales and comps increases for its divisions helped cut-price retail group The TJX Companies to record a 15% lift in fourth-quarter net profit.

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Solid results are expected for apparel retailers TJX Companies and Ross Stores, analysts have said, thanks to the ongoing resilience and competitive strength of the off-price business model.

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Holiday apparel sales increased by as little as 1% in the US, with higher online spending offsetting continued weakness at bricks and mortar stores.