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…
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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…
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…