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Phoenix Footwear Group Inc

Citi Trends Inc

Retailers begin to outline store reopening plans – Update

16 June 2020 | just-style

Debenhams, Brooks Brothers, and J.Crew Group are among the latest apparel brands and retailers to outline reopening plans after stores and online operations were closed temporarily worldwide as part of efforts to help limit the spread of the coronavirus (Covid-19) outbreak.... read more


Global retail staff and salary reductions amid Covid-19 – Update

1 May 2020 | just-style

As the impact of the coronavirus pandemic spreads across the apparel and footwear industry, brands and retailers are moving from store closures to worker lay-offs or furloughs, as well as executive pay cuts. Here are the latest:... read more


Citi Trends names new CEO, narrows EPS guidance

24 February 2020 | Beth Wright

Value priced fashion retailer Citi Trends has named Five Below executive, David Makuen, as its new CEO, succeeding Peter Sachse who has served in the position on an interim basis since December. ... read more


Citi Trends CEO Bruce Smith to step down

12 June 2019 | Beth Wright

Bruce Smith, CEO of US value fashion retailer Citi Trends, is resigning after 12 years at the company – but will continue to serve as CEO until a successor is in place or until 1 February 2020.... read more


US holiday sales in brief – Nordstrom, Citi Trends, Urban Outfitters

15 January 2019 | just-style

It's been a mixed bag of holiday sales filings from US apparel and footwear brands and retailers as Urban Outfitters reported record holiday sales, Kohl's raised its full-year earnings guidance on the back of a 1.2% rise, while US retail giant JC Penney is to shutter three stores this spring on the back of a 5.4% comp sales drop.... read more


Citi Trends names Smith permanent CEO, hails Q4

19 March 2018 | Beth Wright

Citi Trends has hailed a comparable sales increase as the "highlight" of its fourth-quarter as the US value fashion retailer promoted Bruce Smith to permanent CEO.... 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


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


Citi Trends appoints CFO Smith as acting CEO

24 March 2017 | Beth Wright

US value fashion retailer Citi Trends has named Bruce Smith, the company's chief financial officer, as acting CEO, following the resignation of Jason Mazzola.... 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 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 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


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


Citi Trends taps new CEO as Q4 profit surges

16 March 2015 | Katie Smith

US value fashion retailer Citi Trends has announced a number of management changes, including the promotion of Jason Mazzola to president and CEO, after more than doubling its fourth-quarter net profit.... 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


Citi Trends widens Q3 loss on charges

25 November 2014 | Michelle Russell

US value fashion retailer Citi Trends has widened its net loss in the third quarter thanks to one-off charges.... 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


US: Citi Trends narrows Q2 net loss

20 August 2014 | Michelle Russell

Value fashion retailer Citi Trends has narrowed its net loss in the second quarter and revealed growing sales.... 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: Higher sales boost Citi Trends Q1 profit

23 May 2014 | Katie Smith

Value fashion retailer Citi Trends has seen its first-quarter jump 47% on the back of higher sales and comparable store sales.... 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: Citi Trends moves to Q4 profit

14 March 2014 | Michelle Russell

Value fashion retailer Citi Trends has moved to a profit in its fourth-quarter and booked an increase in revenues.... 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: Citi Trends Q3 loss narrows on $1.5m gain

27 November 2013 | Katie Smith

Value fashion retailer Citi Trends has seen its losses narrow during the third quarter, thanks to a $1.5m gain on the sale of the company's former distribution centre.... read more


US: New products lift Phoenix Footwear Q3 results

8 November 2013 | Leonie Barrie

Comfort shoe maker Phoenix Footwear Group has seen strong double-digit rises in both sales and earnings during the third quarter, thanks to the introduction of a number of new products.... read more


US: Citi Trends Q2 losses narrow on higher sales

21 August 2013 | Katie Smith

Value-priced apparel retailer Citi Trends has seen its second quarter losses narrow, thanks to higher sales.... read more


US: Phoenix Footwear Q2 losses improve

9 August 2013 | Petah Marian

Comfort shoe manufacturer Phoenix Footwear saw second quarter losses narrow as sales and product prices improved. ... read more


US: Citi Trends first-quarter profit falls 39%

22 May 2013 | Katie Smith

Value-priced apparel retailer Citi Trends has today (22 May) seen its first-quarter profit slump 39% on the back of weaker sales in February and March.... read more


US: Phoenix Footwear first-quarter profit edges down

10 May 2013 | Katie Smith

Comfort shoe maker Phoenix Footwear Group has reported a slight decline in first-quarter net profit, after rising costs and the clearance of discontinued inventory negatively impacted margins.... read more


US: Children's Apparel Network recalls girl's clothing sets

25 April 2013 | Katie Smith

Around 9,200 girl's three-piece clothing sets have been recalled by Children's Apparel Network because the waist belt could get caught in small spaces, posing an entanglement hazard.... read more


US: Citi Trends swings to Q4 loss

18 March 2013 | Petah Marian

US clothing retailer Citi Trends swung to a fourth quarter loss after recording disappointing sales over the period. ... read more


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