Holiday shopping season begins
US: DSW cuts FY earnings forecast as Q3 profit dips
Cut-price footwear retailer DSW has reduced its full-year profit forecast after the company’s third quarter profit fell 41% to US$13.2m.…
US: Brown Shoe Q3 profit hit by charges
One-off charges related to headquarters consolidation and IT initiatives more than halved third quarter profits at footwear retail group Brown…
US: Chico’s cuts spending as Q3 profit slumps
Apparel retailer Chico’s has cut capital spending and expenses after reporting a slump in third quarter profit to just US$2m.…
US: Talbots Q3 loss widens, gets committed credit lines
Women’s wear retailer The Talbots Inc has widened its third quarter loss after closing its non-core Talbots Kids, Mens and…
US: Charming Shoppes widens Q3 loss, to begin restructuring
Plus-size women's wear retailer Charming Shoppes is to discontinue its loss-making Lane Bryant Woman catalogue and close around 100 stores in 2010, after widening…