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Cato Corporation

Bon-Ton Stores Inc

Oxford Industries Inc

Michelle Russell

Liquidators win bid to wind-down Bon-Ton Stores

18 April 2018 | Michelle Russell

US department store retailer Bon-Ton Stores is to begin a going-out-of-business sale at its 200 stores after two liquidators won a bid for the company at an auction this week.... read more


US apparel retailers' March 2018 sales roundup

12 April 2018 | Michelle Russell

March proved a positive month for the majority of US apparel retailers still reporting their monthly comparable sales, but one continued on its negative trend after a surprise uptick in January.... read more


Investor group signals intent to acquire Bon-Ton Stores

10 April 2018 | Michelle Russell

An investor group composed of DW Partners, Namdar Realty Group and Prime Group have signed a letter of intent to acquire US department store retailer The Bon-Ton Stores in a Bankruptcy Court-supervised sale process.... read more


Bon-Ton Stores appoints Tracy CEO in management reshuffle

10 May 2017 | Michelle Russell

US fashion retailer The Bon-Ton Stores has promoted William Tracy to the role of chief executive officer following the resignation of Kathryn Bufano.... read more


US apparel retailers' September 2016 sales roundup

7 October 2016 | Michelle Russell

Upside surprises were provided in September by two of the US apparel retailers who still report their monthly sales thanks to an uptick in consumer confidence and improving unemployment rates. The remaining three failed to capitalise, however, with The Buckle faring the worst. ... read more


US apparel retailers' August 2016 sales roundup

2 September 2016 | Michelle Russell

More favourable hot and dry weather and an uptick in consumer confidence resulted in a bounce-back in US same-store sales for August. For the few apparel retailers who still report their monthly sales, however, an increase in technology and travel spend weighed on monthly results. ... read more


US apparel retailers' July 2016 sales roundup

5 August 2016 | Michelle Russell

July proved to be another challenging month for the few US apparel retailers who still report their monthly sales, with the majority reporting comparable declines. Unseasonable weather, clearance and promotional activity, and even the impact of Pokemon Go are all blamed. ... read more


US apparel retailers' June 2016 sales roundup

8 July 2016 | Michelle Russell

June proved to be a more positive month for the few US apparel retailers who still report their monthly sales, thanks to better weather conditions and the Memorial Day holiday shift.... read more


US apparel retailers' May 2016 sales roundup

6 June 2016 | Michelle Russell

April showers did not bring forth May revenue flowers as the slow start to the spring season continued for the few US apparel retailers who still report their monthly sales.... read more


US Q4 in brief: Cherokee Global Brands, Perry Ellis, Destination Maternity

15 April 2016 | Michelle Russell

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. ... read more


US apparel retailers' December 2015 sales roundup 

8 January 2016 | Michelle Russell

Santa delivered some generally positive holiday sales results to US apparel retailers in December as they grappled with a rapidly changing omnichannel landscape, low and middle income consumers with limited discretionary spending power, and a very mild autumn that depressed clothing sales.... read more


UPDATE: US apparel retailers' July 2015 retail roundup

11 August 2015 | Michelle Russell

July proved to be a difficult month for the apparel chains reporting monthly sales, with several hurt by tax holiday shifts in some southern states into August from July last year. As a result, retailers are not heading into the key back-to-school selling season with much momentum.... read more


Bon-Ton Stores records mixed Q4

13 March 2015 | Michelle Russell

US department store retailer The Bon-Ton Stores has booked mixed results in its fourth-quarter as sales and earnings grew but gross margin narrowed on increased promotional activity.... read more


Oxford Industries moves to Q3 loss

11 December 2014 | Michelle Russell

Oxford Industries, the owner of the Tommy Bahama brand, has moved to a loss in its third-quarter but offered a positive outlook for the remainder of the year despite the "difficult environment".... read more


Cato Corp Q3 exceeds guidance

21 November 2014 | Michelle Russell

US retailer Cato Corporation has revealed third-quarter earnings and sales that exceeded the firm's guidance.... read more


Bon-Ton Stores lowers outlook as loss widens

20 November 2014 | Michelle Russell

US department store retailer The Bon-Ton Stores has lowered its full-year outlook as it posted a wider net loss in its third-quarter.... read more


ANALYSIS: Factoring - a lifeline for apparel suppliers?

15 October 2014 | Michelle Russell

The role played by factoring in the apparel supply chain came under the spotlight last week with reports suggesting that factoring companies have scaled back on coverage to vendors supplying department store retailer Sears Holdings. However, the transaction offers a lifeline to many apparel makers, and is seeing a resurgence as a major source of capital for the industry.... read more


US apparel retailers' September 2014 sales roundup

10 October 2014 | Michelle Russell

As back-to-school shopping tailed off in the first part of September, so too did sales for many US apparel retailers. Negative surprises from the likes of Gap, outweighed better-than-expected results from retailers such as L Brands & Zumiez.... read more


US: Cato Corp reaffirms guidance as Q2 earnings grow

21 August 2014 | Michelle Russell

Cato Corporation has recorded an increase in second-quarter earnings and reaffirmed its EPS guidance for the full year.... read more


US: Bon-Ton Stores narrows Q2 loss

21 August 2014 | Michelle Russell

US department store retailer The Bon-Ton Stores has narrowed its net loss slightly in the second quarter.... read more


US: Bon-Ton appoints Bufano to CEO role

1 August 2014 | Michelle Russell

US department store retailer The Bon-Ton Stores has appointed former Belk chief merchandising officer, Kathryn Bufano, as its CEO.... read more


US: Christopher & Banks appoints Derry as merchandise head

31 July 2014 | Michelle Russell

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


US: Oxford Industries Q1 earnings climb

11 June 2014 | Michelle Russell

Oxford Industries, the owner of the Tommy Bahama and Lilly Pulitzer brands, has booked an increase in first-quarter earnings and reaffirmed its guidance for the full year.... read more


US: Poor weather hits Bon-Ton Stores' Q1

22 May 2014 | Michelle Russell

Prolonged adverse weather conditions resulted in a financial performance that came in below expectations for US department store retailer The Bon-Ton Stores in its first-quarter.... read more


US: Cato Corp reveals mixed Q1 results

20 May 2014 | Michelle Russell

Cato Corporation has booked a mixed set of first-quarter results with earnings down but sales ahead of the company's expectations.... read more


US: Oxford Industries appoints Grassmyer EVP finance

29 April 2014 | Michelle Russell

Oxford Industries, the owner of the Tommy Bahama and Lilly Pulitzer brands, has promoted Scott Grassmyer to the position of executive vice president of finance, CFO and controller.... read more


US: Promo environment hits Cato Corp's Q4

20 March 2014 | Michelle Russell

A highly promotional holiday sales season and poor weather conditions weighed on Cato Corporation's earnings in the fourth quarter.... read more


US: Bon-Ton CEO to step down as Q4 earnings fall

11 March 2014 | Michelle Russell

The CEO of The Bon-Ton Stores, Brendan Hoffman has announced his decision to step down next year as the US department store retailer revealed a drop in fourth-quarter earnings and sales.... read more


US: Oxford Industries lowers Q4 & FY guidance

14 February 2014 | Michelle Russell

Oxford Industries, the owner of the Tommy Bahama and Lilly Pulitzer brands, has lowered its guidance for the fourth quarter and full-year.... read more