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Stein Mart warns on its ability to survive the next year
18 June 2020 | Michelle Russell
Stein Mart has raised "substantial doubt" about its ability to survive over the next 12 months and is considering a number of options, including a sale of the company, after the Covid-19 pandemic hit operational results and cash flow.... read more
Stein Mart makes CEO switch amid falling sales
30 September 2016 | Michelle Russell
Stein Mart CEO and chief merchandising officer Dawn Robertson has stepped down as the off-price fashion retailer revealed lower sales for its third-quarter and a narrowing of gross margin.... 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
Finish Line “accelerates” on final lap
27 March 2015 | Michelle Russell
The Finish Line has managed to “accelerate somewhat”, analysts believe, in the final lap of its fiscal year, despite a disappointing year for the US athletic apparel and footwear retailer.... read more
Stein Mart recovers to record “strong” Q4
13 March 2015 | Michelle Russell
Off-price fashion retailer Stein Mart said it has recovered from a second half that was negatively impacted by poor weather to record a “strong” fourth-quarter of sales and earnings growth.... read more
Phoenix Footwear narrows Q4 losses
11 March 2015 | Michelle Russell
US comfort shoe maker Phoenix Footwear Group has narrowed its losses in the fourth quarter and booked an increase in sales and margins.... read more
Finish Line appoints Jooma omnichannel chief
10 February 2015 | Michelle Russell
US athletic apparel and footwear retailer The Finish Line has appointed Imran Jooma as chief omnichannel officer and executive vice president.... 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
Stein Mart swings to Q3 net loss
21 November 2014 | Michelle Russell
Off-price fashion retailer Stein Mart has swung to a loss in its third-quarter but said it plans to open at least ten new stores and relocate two stores in 2015, in addition to closing two stores.... read more
Finish Line appoints Sato as president
21 October 2014 | Michelle Russell
US athletic apparel and footwear retailer The Finish Line has appointed Samuel Sato, formerly president if the Finish Line brand, as group president.... 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: Stein Mart Q2 earnings slide on costs
21 August 2014 | Michelle Russell
Off-price fashion retailer Stein Mart said it has a number of important initiatives in place to grow its bottom line as it revealed a drop in second-quarter earnings.... read more
US: Finish Line Q1 beats analyst expectations
30 June 2014 | Michelle Russell
US athletic apparel and footwear retailer The Finish Line has booked first-quarter earnings that beat analyst expectations thanks to increased sales and margins.... 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: Investments weigh on Stein Mart Q1 earnings
23 May 2014 | Michelle Russell
Off-price fashion retailer Stein Mart saw earnings tumble in its first-quarter as investments in new stores and e-commerce, and the timing of its annual advertising spend, hit profits.... 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: Finish Line ups stake in Running Specialty Group
28 April 2014 | Michelle Russell
US athletic apparel and footwear retailer The Finish Line has increased its ownership in the company's Denver-based Running Specialty Group (RSG).... read more
US: Phoenix Footwear narrows Q4 losses
14 March 2014 | Michelle Russell
Comfort shoe maker Phoenix Footwear Group has narrowed its fourth-quarter net loss and booked an increase in revenues.... read more
US: Stein Mart Q4 earnings tumble on charges
13 March 2014 | Michelle Russell
Off-price fashion retailer Stein Mart Inc has booked a drop in fourth-quarter earnings on the back of lower revenues and one-time charges.... 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
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