COMMENT: Adding value is key to apparel retailers’ survival
Times might be tough for brand importers and retailers just now, but there are just two reasons why their goods…
Retail sales continue to slide
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US: Nordstrom Q3 profit drops 57%, cuts FY outlook
Third quarter profit at Nordstrom Inc has more than halved after sales slumped, with the fashion retailer now saying it…
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US: Kohl’s Q3 profit falls 17.4%
Department store operator Kohl's Corporation has posted a 17.4% drop in third quarter profit as it buckles up for the most…
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US: Macy’s swings to Q3 loss, cuts capital spending
Despite swinging to a third quarter loss and slashing its capital spending plans for next year, department-store operator Macy’s Inc…
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US: Q3 net profit plummets to US$207,000 at Tarrant
The bankruptcy of retailer Mervyn’s sent third quarter profits crashing at Tarrant Apparel Group, with sales for the period down…
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US: Liz Claiborne posts Q3 loss amid brand sell-off
Women's wear maker Liz Claiborne has swung to a third quarter loss after being hit by costs related to brands it has sold, discontinued…
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US: Eddie Bauer Q3 sales slip 1.8%
Active and casual wear retailer Eddie Bauer Holdings Inc has widened its third quarter loss on the back of a…