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Bon-Ton Stores Inc

Phoenix Footwear Group Inc

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


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 in "active" discussions regarding sale

3 April 2018 | Beth Wright

US department store retailer The Bon-Ton Stores says it is in "active discussions with interested parties" regarding a going-concern bid to acquire the company in a Bankruptcy Court-supervised sale process.... read more


US Q3 in brief – Deckers Brands, Boot Barn Holdings

6 February 2018 | just-style

In the most recent third-quarter filings from US apparel and footwear brands and retailers, Deckers Brands exceeded expectations, while Boot Barn Holdings saw earnings nearly double. Destination Maternity, meanwhile, widened its losses.... read more


US holiday sales in brief – The Children's Place, Nordstrom, Target Corp

10 January 2018 | Beth Wright

Holiday sales have seen a solid performance at many leading US apparel and footwear retailers, with Target, American Eagle Outfitters, JC Penney, Urban Outfitters and Kohl's among those who have benefited from increased consumer spending on the back of strong economic growth, low unemployment and rising home and equity prices.... read more


US Q2 in brief – Finish Line, Zumiez, Tailored Brands, Vince Holding

22 September 2017 | just-style

In the most recent second-quarter filings from US apparel and footwear brands and retailers, PVH upped its full-year guidance based on strong second-quarter results, while Guess saw its results boosted by solid growth in both Europe and Asia. Oxford Industries, meanwhile, saw mixed results as earnings fell but sales edged up.... read more


Bon-Ton tackles debt burden with $18.9m sale-leaseback deal

15 September 2017 | Beth Wright

US fashion retailer The Bon-Ton Stores has entered into an agreement for a US$18.9m sale-leaseback deal for one of its Minnesota stores in a bid to tackle its debt burden. ... read more


Bon-Ton to entice customers with online solution

14 July 2017 | Beth Wright

In a bid to tackle the tough retail environment, US fashion retailer The Bon-Ton Stores has launched a new online fashion solution designed to make buying apparel, footwear and accessories quick and easy and – more importantly – entice customers back week after week.... read more


US Q1 in brief – Cherokee, The Finish Line, J Crew

10 July 2017 | Michelle Russell and Beth Wright

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. ... read more


Phoenix Footwear Group adds Bueno to its stable of brands

9 June 2017 | Beth Wright

US comfort shoe maker Phoenix Footwear Group has expanded its brand portfolio with the addition of Bueno Shoes.... read more


US Q4 in brief – Cherokee, Vince Holding, Destination Maternity

15 May 2017 | Michelle Russell and Beth Wright

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. ... 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


Bon-Ton Stores names Norm Veit CIO

3 May 2017 | Beth Wright

US department store retailer The Bon-Ton Stores has named former Nine West Holdings executive, Norm Veit, as executive vice president, chief information officer.... read more


US Q3 in brief – The Finish Line, Destination Maternity, Cherokee, Sears

9 December 2016 | Michelle Russell and Beth Wright

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.... read more


US Q2 in brief - The Finish Line, Cherokee, Zumiez, Vince Holding, Tailored Brands

9 September 2016 | Michelle Russell and Beth Wright

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. ... 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 holiday retail roundup

14 January 2016 | Katie Smith

With the holiday season done and dusted, US apparel and footwear retailers are now counting the cost. In the most recent results, New York & Co has narrowed its fourth-quarter outlook despite posting an increase in comparable store sales, while Express has lifted its guidance. Shoe Carnival, Genesco and American Eagle Outfitters all booked increases. However, Bon-Ton Stores and Ascena Retail Group posted declines. ... read more


US Q2 in brief: Finish Line, Zumiez, Cherokee, Gymboree

25 September 2015 | Michelle Russell and Beth Wright

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. ... read more


US Q1 in brief: Finish Line, Cherokee, Destination Maternity

26 June 2015 | Michelle Russell and Katie Smith

First-quarter revenue forecasts for US apparel retailers fared far worse than earnings expectations. The Finish Line said it got off to a "solid start" with double-digit profit growth, and Cherokee was pleased with a "strong" quarter, despite some headwinds. Elsewhere, Urban Outfitters revealed a mixed quarter, while Men's Wearhouse booked record sales but a decline in earnings. ... 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


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


Bon-Ton lowers outlook and says CFO to retire

21 January 2015 | Katie Smith

US department store retailer The Bon-Ton Stores has lowered its full-year earnings guidance and announced the retirement of chief financial officer Keith Plowman.... read more


2014: Year in review - Retail winners and losers

17 December 2014 | Lee Adendorff

International expansion, strong online performance and ethical commitments helped lift some retailers during 2014, but merchandise misses, the closure of underperforming stores, and a profit overstatement weighed on others.... 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


Phoenix Footwear Group in Q3 profit jump

6 November 2014 | Katie Smith

Phoenix Footwear Group has booked a 71.6% jump in third-quarter net profit, thanks to higher sales.... 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: 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: Phoenix Footwear Group Q2 loss widens

4 August 2014 | Katie Smith

Comfort shoe maker Phoenix Footwear Group has seen its losses widen during the second quarter, blaming lower margins and higher costs.... 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: 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: Phoenix Footwear Q1 profit plummets 34%

6 May 2014 | Katie Smith

Comfort shoe maker Phoenix Footwear Group has seen its first-quarter profit plummet 34%, after the extended winter weighed on sales.... 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: 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: Bon-Ton to open e-commerce fulfilment centre

6 March 2014 | Katie Smith

US department store retailer The Bon-Ton Stores plans to open a new e-commerce fulfilment centre in Ohio to support its growing multi-channel operations.... read more


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