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Marquee Brands makes bid for Destination Maternity
3 December 2019 | Michelle Russell
US mother-and-baby retailer Destination Maternity has approved Marquee Brands as a stalking horse bidder in its ongoing sale process, six weeks after filing for Chapter 11 bankruptcy protection.... read more
Destination Maternity names Marla Ryan as CEO
1 June 2018 | Michelle Russell
Retailer Destination Maternity has appointed apparel industry veteran and former Lands' End and J.Crew executive, Marla Ryan, as its permanent chief executive.... read more
Destination Maternity appoints another interim CEO
4 January 2018 | Michelle Russell
Destination Maternity has appointed its second interim chief executive since September as the ailing US retailer continues to weigh up strategies that will return it to profitability.... read more
Destination Maternity fights move to oust directors
5 October 2017 | Michelle Russell
Destination Maternity is urging its shareholders to vote against a recommendation by Orchestra-Prémaman to remove four of its directors as the US maternity apparel retailer continues its work to improve profits.... read more
Destination Maternity merges with Orchestra Prémaman
21 December 2016 | Michelle Russell
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.... 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
Dollar General to open 1,000 stores by 2017
24 March 2016 | Michelle Russell
Dollar General is to accelerate its store opening strategy with plans for up to 1,000 new stores by 2017 as part of an initiative to drive profitable sales growth and enhance its position as a low-cost retailer.... read more
Destination Maternity rejects Orchestra-Premaman bid
15 December 2015 | Michelle Russell
Destination Maternity has rejected an unsolicited takeover bid by French children’s clothing company and stockholder Orchestra-Premaman S.A.... read more
Destination Maternity eliminates president role
4 December 2015 | Michelle Russell
Destination Maternity has eliminated the role of president as part of a streamlining process, resulting in the departure of Christopher Daniel. ... read more
Destination Maternity moves to Q4 loss
13 March 2015 | Michelle Russell
Destination Maternity has moved to a loss in its fourth-quarter on the back of charges related to management and organisational changes.... 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
Destination Maternity expands into Israel
17 October 2014 | Michelle Russell
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.... read more
US: Destination Maternity Q3 earnings and sales slide
30 July 2014 | Michelle Russell
Destination Maternity has reported a drop in earnings in its third-quarter as revenues also fell.... read more
UK: Mothercare upbeat as Destination Maternity withdraws bids
28 July 2014 | Michelle Russell
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.... read more
US: Kellwood appoints Babins for supply chain role
22 July 2014 | Michelle Russell
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.... read more
ANALYSIS: Mothercare pursues "aggressive" plan of recovery
17 July 2014 | Michelle Russell
Mothercare officially welcomed boss Mark Newton-Jones into the fold today (17 July) as the retail group revealed its UK performance is beginning to stabilise.... read more
US: Destination Maternity issues profit warning on weak sales
11 July 2014 | Michelle Russell
Destination Maternity, which this month revealed two bids for UK firm Mothercare, has issued a profit warning following weak third-quarter sales.... read more
UK: Mothercare makes Newton-Jones' CEO role permanent
10 July 2014 | Michelle Russell
Mother, baby and children's goods retailer Mothercare has appointed interim chief executive Mark Newton-Jones as its group CEO.... read more
UK: Mothercare shareholders back Destination Maternity bid rejection
7 July 2014 | Michelle Russell
Mothercare shareholder Allianz Global Investors has backed the baby and toddler retailer in its decision to reject two takeover approaches from US firm Destination Maternity.... read more
UK: Mothercare questions deliverability of Destination Maternity bids
2 July 2014 | Michelle Russell
Mothercare has said the two takeover offers from US firm Destination Maternity do not reflect the inherent value of the company and questions the deliverability of the proposals.... read more
UK: Mothercare rejects two Destination Maternity takeover bids
2 July 2014 | Michelle Russell
Mothercare has rejected two takeover approaches from US firm Destination Maternity, which value the struggling baby and toddler retailer at GBP266m (US$457m).... 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: 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: 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
US: Destination Maternity Q1 sales slide, adjusts FY guidance
9 January 2014 | Michelle Russell
Destination Maternity has booked a drop in first-quarter sales and adjusted its full-year earnings guidance to the lower end of its previous forecast.... read more
US: Destination Maternity signs online deal with Macys.com
17 December 2013 | Michelle Russell
Destination Maternity Corp has signed an exclusive supply deal with US retailer Macy's for its e-commerce business.... read more
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