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Christopher & Banks Corp

Christopher & Banks rejects takeover bid

21 December 2018 | Leonie Barrie

Specialty women's apparel retailer Christopher & Banks Corporation has rejected an unsolicited takeover bid from the new owner of Bon-Ton Stores.... 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


Christopher & Banks adjusts Q4 guidance

12 January 2015 | Michelle Russell

US speciality women's apparel retailer Christopher & Banks has adjusted its guidance for the fourth quarter and said it is comfortable with its position heading into the new fiscal year.... read more


Christopher & Banks Q3 profit climbs

5 December 2014 | Michelle Russell

US women's wear retailer Christopher & Banks saw its earnings climb in the 13 weeks ended 2 November despite continued soft traffic patterns.... read more


Christopher & Banks cuts outlook on lower sales

8 October 2014 | Katie Smith

Women's wear retailer Christopher & Banks has lowered its third-quarter outlook, blaming continued softness in mall traffic and lower-than-expected sales from its September fashion show.... read more


US: Christopher & Banks returns to profit in Q2

4 September 2014 | Richard Woodard

Women’s wear retailer Christopher & Banks returned to profitability in the second quarter, with revenues, comparable store sales and margins all improving.... read more


US: Christopher & Banks promotes CFO Michielutti

4 August 2014 | Michelle Russell

US women's wear retailer Christopher & Banks has promoted Peter Michielutti to the role of executive VP, chief operating officer and chief financial officer.... 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: Christopher & Banks reports mixed Q1

10 June 2014 | Katie Smith

US women's wear retailer Christopher & Banks reported mixed first-quarter results, with a hike in profit but a drop in sales.... read more


US: Christopher & Banks Q4 loss narrows

14 March 2014 | Katie Smith

Women's wear retailer Christopher & Banks has narrowed its loss during the fourth quarter, despite being hit by store closures and adverse weather conditions.... read more


US: Christopher & Banks lowers full-year sales outlook

14 January 2014 | Katie Smith

US women's apparel retailer Christopher & Banks has lowered its fourth-quarter sales guidance, after being forced to close some stores because of bad weather.... read more


US: Christopher & Banks doubles Q3 profit

4 December 2013 | Katie Smith

Women's apparel retailer Christopher & Banks has more than doubled its third quarter net profit, helped by improvements to its merchandise.... read more


US: Christopher & Banks licenses retail analytics tool

18 November 2013 | Leonie Barrie

Specialty women's apparel retailer Christopher & Banks Corporation has licensed new retail analytics software to help accelerate its allocation, purchasing and planning decisions.... read more


US: Christopher & Banks Q2 loss narrows

10 September 2013 | Katie Smith

Specialty women's apparel retailer Christopher & Banks has seen its second-quarter loss narrow on the back of higher sales at its stores, as well as better-than-expected margin growth.... read more


US: Christopher & Banks swings to Q1 profit

7 June 2013 | Katie Smith

Specialty women's apparel retailer Christopher & Banks has swung to a first-quarter profit thanks to higher sales and lower asset impairment charges.... read more


US: Christopher & Banks Q4 loss narrows

14 March 2013 | Katie Smith

Christopher & Banks has seen its fourth-quarter loss narrow after the women's wear retailer reduced costs and benefited from an extra week of trading.... read more


US: Christopher & Banks lifts Q4 comp sales outlook

16 January 2013 | Katie Smith

US women's wear retailer Christopher & Banks has lifted its fourth-quarter comparable sales guidance as it continues to make progress with ongoing restructuring efforts.... read more


US: Christopher & Banks returns to profit in Q3

30 November 2012 | Katie Smith

Women's wear retailer Christopher & Banks has returned to profit during its third-quarter on lower costs and increased sales. ... read more


US: Christopher & Banks taps Payless exec as CEO

30 October 2012 | Katie Smith

Women's wear retailer Christopher & Banks has appointed former Payless ShoeSource chief executive LuAnn Via as its new president and CEO.... read more


US: Christopher & Banks extends interim CEO contract

3 October 2012 | Katie Smith

Women's wear retailer Christopher & Banks says its interim chief executive Joel Waller will remain in the role for an additional three months until March.... read more


US: Christopher & Banks Q2 losses narrow

30 August 2012 | Katie Smith

Women's wear retailer Christopher & Banks has seen its second-quarter losses narrow on the back of rising same-store sales as new merchandising efforts take hold.... read more


US: Christopher & Banks shareholder slams CEO change

30 July 2012 | Katie Smith

Christopher & Banks shareholder Aria Partners has criticised the US women's wear retailer for searching for a new CEO even though it posted improved financial results last week.... read more


US: Christopher & Banks sees Q2 comps rising

26 July 2012 | Petah Marian

US women's wear retailer Christopher & Banks says it expects second quarter sales to decline on the back of fewer stores - but that comparable store sales are likely to rise as its turnaround efforts take hold.... read more


US: Aria continues to push Christopher & Banks bid

12 July 2012 | Katie Smith

Aria Partners, which owns 4% of Christopher & Banks, continues to urge the US women's wear retailer to consider its takeover bid, even though it rejected the offer last week.... read more


US: Christopher & Banks rejects Aria Partners bid

6 July 2012 | Petah Marian

US women's wear retailer Christopher & Banks has rejected an unsolicited offer from Aria Partners that values the company at US$64.2m, saying it was not in the best interests of shareholders. ... read more


US: Christopher & Banks acknowledges Aria bid

4 July 2012 | Petah Marian

US women's wear retailer Christopher & Banks has confirmed that it will consider a proposal from shareholder Aria Partners offering to acquire the company in a deal valued at US$64.2m. ... read more


US: Aria urges Christopher & Banks to consider offer

3 July 2012 | Katie Smith

Aria Partners, which owns 4% of Christopher & Banks, has urged the women's wear retailer to consider its offer to buy the company for US$1.75 a share.... read more


US: Christopher & Banks Q1 losses widen

6 June 2012 | Katie Smith

Women's wear retailer Christopher & Banks saw its first-quarter net losses widen after admitting its merchandise was priced too high, resulting in higher markdowns.... read more


US: Christopher & Banks names Michielutti finance chief

18 April 2012 | Katie Smith

Women's wear retailer Christopher & Banks has appointed Peter Michielutti as its new CFO and senior vice president, replacing Michael Lyftogt who will resume the post of chief accounting officer.... read more


In the money: Christopher & Banks to cut average prices by 20%

28 March 2012 | Petah Marian

Christopher & Banks' newly appointed interim CEO Joel Waller has revealed plans to cut average prices at the US women's wear retailer by approximately 20%. ... read more


US: Christopher & Banks sees third-quarter losses mount

28 March 2012 | Petah Marian

Christopher & Banks admitted that its merchandise was priced too high during the third-quarter as the US women's wear retailer saw losses mount over the period. ... read more


US: Christopher & Banks CEO Barenbaum resigns

20 February 2012 | Leonie Barrie

Women's wear retailer Christopher & Banks Corporation is seeking a new chief executive officer after Larry Barenbaum resigned on Friday (17 February).... read more


US: Christopher & Banks more than triples Q3 loss

23 December 2011 | Leonie Barrie

The combined effect of restructuring and asset impairment charges, flat same-store sales, and promotions to clear seasonal inventory, have more than tripled third quarter losses at women's wear retailer Christopher & Banks Corporation.... read more


US: Christopher & Banks names Joel Waller as president

15 December 2011 | Leonie Barrie

Joel Waller, the former CEO of teen clothier Wet Seal, is joining women's wear retailer Christopher & Banks Corporation as president for a one-year term.... read more


US: Christopher & Banks to shutter 100 stores, axe jobs

14 November 2011 | Leonie Barrie

Women's wear retailer Christopher & Banks Corporation is to shutter around 100 underperforming stores and axe jobs as part of moves to help it return to profit.... read more


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