Retail sales continue to slide

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…

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…

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…

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…

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…

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…

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…