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Sears admits "more work" ahead amid store closures
1 June 2018 | Michelle Russell
The finance chief of embattled US department store retailer Sears Holdings has admitted there is still much work to be done to return the company to profitability as it announced plans to close a further 72 stores.... read more
Sears to cut $1bn in costs as restructuring continues
10 February 2017 | Michelle Russell
US retail giant Sears Holdings Corp is to cut around US$1bn in costs across its operations in the next phase of its transformation plan that will see new efforts to drive efficiencies in pricing, sourcing and the supply chain.... read more
Rocky Brands appoints interim-CEO Brooks to helm
19 December 2016 | Michelle Russell
US apparel and footwear company Rocky Brands has appointed Mike Brooks as its chief executive officer (CEO) on a permanent basis.... read more
Rocky Brands names Brooks interim CEO as Sharp departs
9 September 2016 | Michelle Russell
US apparel and footwear company Rocky Brands has appointed chairman of the board, Mike Brooks, as interim CEO following the resignation of David Sharp. ... 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
Rocky Brands reports improved Q2 margins
23 July 2015 | Michelle Russell
US apparel and footwear company Rocky Brands has booked an increase in second-quarter earnings and improved gross margin.... read more
Rocky Brands books “pleasing” Q1
22 April 2015 | Michelle Russell
US apparel and footwear company Rocky Brands has booked a pleasing first-quarter performance thanks to an increase in earnings and sales.... 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
Sears Holdings records another quarterly loss
5 December 2014 | Michelle Russell
US department store retailer Sears Holdings has booked another loss in its third-quarter, as sales continue to decline.... read more
Green light for Wesfarmers' Pacific workwear deal
24 November 2014 | Michelle Russell
Australia's competition regulator has given the green light to Wesfarmers' takeover of Pacific Brands workwear division.... read more
Sears explores store sales to boost liquidity
7 November 2014 | Michelle Russell
US department store retailer Sears Holdings has said it's considering selling up to 300 stores in a bit to boost its finances.... read more
Sears Holdings exec Boire takes Canada CEO role
15 October 2014 | Michelle Russell
Ronald Boire, the EVP and chief merchandising officer of Sears Holdings' Kmart and Full Line formats has joined the firm's Canadian division as acting president and CEO.... read more
Kmart reveals payment data breach
13 October 2014 | Michelle Russell
Kmart, a subsidiary of Sears Holdings, has revealed that its payment data systems have been breached, affecting around 1,200 of its stores.... read more
US: Sears appoints Tesco exec as Kmart president
12 August 2014 | Michelle Russell
Struggling retailer Sears Holdings Corporation has appointed former Tesco executive, Alasdair James, as president of its Kmart business.... read more
US: Rocky Brands Q2 earnings slide
24 July 2014 | Michelle Russell
US apparel and footwear company Rocky Brands saw its earnings slide in the second-quarter due to investments made to grow its brands.... 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: Sears sales fall but Q4 losses narrow
27 February 2014 | Michelle Russell
Struggling retailer Sears Holdings managed to narrow losses in its fourth-quarter, despite booking a drop in revenues.... read more
US: Rocky Brands optimistic despite Q4 profit fall
26 February 2014 | Michelle Russell
US apparel and footwear company Rocky Brands has offered an optimistic outlook for its next fiscal despite booking a drop in fourth-quarter earnings.... read more
US: Sears Holdings forecasts quarterly and FY losses
13 January 2014 | Michelle Russell
Struggling retailer Sears Holdings has said it expects to report a net loss in the fourth quarter as the transition of the business continues.... read more
BANGLADESH: Government "charging" Aswad owners over fatal fire
7 January 2014 | Michelle Russell
The Bangladeshi government is understood to be filing criminal charges against the owners of Aswad Composite Mills, which caught fire last year killing seven workers.... read more
BANGLADESH: Kmart reveals supplier factory locations, Target to follow
23 December 2013 | Michelle Russell
The decision by Australian retailers Kmart and Target Corp to reveal the location of their supplier factories in Bangladesh has been described by Oxfam as a ''watershed moment'' for the country's retailers.... read more
CANADA: Lululemon taps Kmart exec Poseley for product role
30 October 2013 | Michelle Russell
Canadian sportswear brand Lululemon has appointed Kmart executive Tara Poseley to the role of chief product officer.... read more
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