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Children's Place Retail Stores Inc

Apparel brands unite to tackle gender-based violence in Lesotho

16 August 2019 | Beth Wright

Levi Strauss & Co, The Children's Place, and Kontoor Brands are launching a comprehensive pilot programme to prevent gender-based violence and harassment (GBVH) in garment factories in Lesotho after an investigation documented a "deeply concerning" pattern of abuse and harassment at a key suppliers in the country.... read more


US Q1 in brief – Boot Barn Holdings, VF Corp, Cherokee Global Brands

1 August 2019 | just-style

In the latest first-quarter filings from US apparel and footwear brands and retailers, VF Corp has raised its fiscal 2020 outlook, Cherokee Global Brands booked a mixed first quarter and announced it will officially rebrand to Apex Global Brands, Destination Maternity reported a challenging start to the year amid the news Marla Ryan will step down as CEO, while PVH Corp saw profits slip. Dick's Sporting Goods enjoyed higher sales as did Footlocker. ... read more


US Q4 in brief – VF Corp, Boot Barn Holdings, Destination Maternity

23 May 2019 | just-style

In the latest fourth-quarter filings from US apparel and footwear brands and retailers, Iconix Brand Group reported a GAAP net loss, CEO of PHV Corp, Emanuel Chirico, said the company is "very pleased" with its fourth-quarter and full year 2018 results, and Guess Inc released its first results under new CEO Carlos Alberini.... read more


US Q3 in brief – Boot Barn Holdings, VF Corp

6 February 2019 | just-style

In the latest third-quarter filings from US apparel and footwear brands and retailers, Francesca's Holdings Corporation swung to a third-quarter loss of US$16.2m, PVH Corp posted what CEO Emanuel Chirico called a "strong earnings performance", and Abercrombie booked its fifth consecutive quarter of positive comparable sales.... read more


Children's Place streamlines senior leadership

6 November 2018 | Michelle Russell

US speciality apparel retailer The Children’s Place has consolidated key management roles in a streamlining move aimed at creating greater efficiencies across the group.... read more


US Q2 in brief – Boot Barn Holdings, VF Corp, Sears

26 October 2018 | just-style

In the latest second-quarter filings from US apparel and footwear brands and retailers, VF Corp raised its full-year guidance on strong sales and earnings, while L Brands reported a 28.7% drop in earnings, and Urban Outfitters achieved record second-quarter sales and a jump in profit.... read more


US Q1 in brief – Destination Maternity, Tailored Brands, Boot Barn

8 August 2018 | just-style

In the latest first-quarter filings from US apparel and footwear brands and retailers, PVH Corp saw revenues exceed guidance thanks to strength across the business, while Guess saw continued momentum in Europe and Asia push earnings and sales up in the three months ended 5 May. Dick's Sporting Goods raised its full-year outlook and Destination XL narrowed its net losses.... read more


US Q4 in brief – Boot Barn Holdings, Destination Maternity

18 May 2018 | just-style

In the latest fourth-quarter filings from US apparel and footwear brands and retailers, Destination Maternity narrowed its net loss, Sears was boosted by the new US tax law, Caleres returned to profit, Dick's Sporting Goods achieved growth across key businesses, and Urban Outfitters produced record fourth-quarter sales.... 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


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


The Children’s Place taps Ascena exec to aid transformation

9 June 2017 | Beth Wright

US retailer The Children's Place has tapped former Ascena Retail Group executive, John Sullivan, for the newly created position of chief transformation officer.... 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


The Children's Place ups guidance on strategic growth

6 January 2017 | Michelle Russell

US apparel retailer The Children's Place has upped its full-year earnings and sales guidance thanks to consistent execution of the company's long-term strategic growth initiatives.... 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


Combating the new normal – 10 trends for 2016

27 January 2016 | Katie Smith

A more promotional athleisure scene, the benefits of store rationalisation starting to come through, and in-store traffic continuing on its downward trajectory as consumers increasingly shop online, are among ten predictions likely to shape the US clothing and footwear sector this year, analysts say. They also look at what might be in store for Lululemon, Hanesbrands and Ascena Retail Group.... read more


US Q3 in brief: Finish Line, Gymboree, Cherokee Global Brands, Men's Wearhouse

7 January 2016 | Michelle Russell and Katie Smith

In the most recent third-quarter filings from US apparel brands and retailers Gymboree, Aeropostale, Sears and New York & Co narrowed their losses, while Oxford Industries, Destination Maternity and J Crew saw theirs widen. Both The Finish Line and Men's Wearhouse swung to a loss. On a positive note, The Children's Place, Express, American Eagle Outfitters, G-III Apparel Group and Abercrombie & Fitch booked higher earnings. ... read more


Children's Place signs Mexico franchise deal

6 November 2015 | Michelle Russell

US apparel retailer The Children's Place has signed a franchise deal with retail group El Palacio de Hierro to open free-standing stores and shop in shops in Mexico.... 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


What's in store for US apparel back-to-school sales?

4 September 2015 | Katie Smith

For the second year in a row, it seems consumers are being more restrained when it comes to back-to-school shopping. But with new fashions, a shift in spending away from electronics, and a more optimistic consumer, industry analysts are cautiously optimistic for clothing retailers.... read more


Children's Place reaches shareholder resolution

26 May 2015 | Michelle Russell

US apparel retailer The Children's Place has reached an agreement with a dissident shareholder group following a dispute over the election of two members to the board.... read more


Children's Place shareholders reiterate board nominees

6 May 2015 | Michelle Russell

In a proxy statement to the US Securities and Exchange Commission, shareholders of The Children's Place have formally nominated two candidates they believe should be appointed to the board.... read more


Wal-Mart silent on Rana Plaza lawsuit

30 April 2015 | Richard Woodard

Retail giant Wal-Mart Stores is remaining silent on a class action launched against it in the US by victims of the Rana Plaza building collapse in Bangladesh.... read more


Children's Place outlines current board success

28 April 2015 | Michelle Russell

The Children's Place has written to its shareholders outlining the successful execution of its turnaround plan and urged them to reject board candidates put forward by three investment firms critical of the company.... read more


Children's Place urged to sell as FY profit falls

12 March 2015 | Michelle Russell

Shareholders of The Children's Place are urging the US apparel retailer to consider a sale as the company revealed a decline in full year sales and margins.... read more


New supply chain options key amid US port problems

12 February 2015 | Katie Smith

As the threat of a US West Coast port shutdown looms, analysts already estimate the ongoing disruption could add an eye-watering US$36.9bn to costs over the next 24 months. As the congestion continues to cause headwinds for apparel businesses, retailers are being told they must investigate new supply chain options, including more near- and on-shoring.... read more


The Children's Place adjusts Q4 EPS guidance

8 January 2015 | Michelle Russell

US apparel retailer The Children's Place has adjusted its fourth-quarter EPS and sales guidance, to the upper end of its previous forecast.... read more


The Children's Place Q3 at high end of guidance

20 November 2014 | Michelle Russell

US apparel retailer The Children's Place has delivered third-quarter earnings at the high end of its guidance and remains confident on the fourth quarter.... read more


US: "Significant macro tailwinds" seen bolstering Q3

25 September 2014 | Katie Smith

Easy comparisons with last year, when consumer confidence and spending were hurt by uncertainty leading up to the US government shutdown, is one of a number of factors that could could bolster third-quarter results for US apparel retailers.... read more


US: Children's Place lifts outlook and unveils India expansion

26 August 2014 | Katie Smith

The Children's Place has lifted its full-year earnings guidance after narrowing its loss in the second quarter, and unveiled plans to expand into India through franchise stores.... read more


BANGLADESH: Alliance doubles compensation for displaced workers

14 July 2014 | Katie Smith

The Alliance for Bangladesh Worker Safety has extended compensation for garment factory workers displaced due to factory remediation from two months' up to four months' wages.... read more


BANGLADESH: Alliance inspections reveal "dozens of deficiencies"

28 May 2014 | Leonie Barrie

The first round of inspection reports released by the Alliance for Bangladesh Worker Safety show that "dozens of deficiencies" have been identified in every garment factory. And the group now has just six weeks to release data on the remaining 600 factories supplying its member companies.... read more


US: Children's Place Retail Stores Q1 earnings tumble

22 May 2014 | Michelle Russell

US apparel retailer The Children's Place Retail Stores saw earnings tumble in the first quarter but upped its guidance on results that exceeded its expectations.... read more


Supply chain and omni-channel to drive retail profit

21 May 2014 | Richard Woodard

Improved supply chain capabilities and omni-channel improvements will be a key driver of near-term profits for US retailers, with investment shifting from stores to IT.... read more


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