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Warm weather boost for retail sales

2015-05-21 10:53:06| BBC News | Business | UK Edition

UK retail sales rose by 1.2% in April, the strongest rise since November, as the warm weather boosted sales of clothes.

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Ascena Retail (ASNA) Stock Rallying on Upbeat Analysts' Actions Following Ann Acquisition

2015-05-20 10:18:52| Apparel - Topix.net

"With the addition of the Ann Taylor and LOFT brands, Ascena will become one of North America's largest and most diversified specialty apparel retailers, with a tremendous set of opportunities to continue to expand its leadership position in the women's apparel market," Ascena CEO David Jaffe said in a statement yesterday. FBR Capital upgraded the company to "outperform" from "market perform," saying synergies from the Ann acquisition are under-appreciated following yesterday's sell-off.

Tags: stock actions retail ann

 
 

Ascena Retail to buy Ann Taylor owner for $2bn

2015-05-18 18:39:00| Daily apparel & textile news and comment - from just-style.com

Ascena Retail Group, operator of Lane Bryant and Justice, brands, is to acquire Ann Inc in a deal valued at around US$2.16bn - making Ascena one of North America's largest apparel retailers.

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Ascena Retail Group buying owner of Ann Taylor, Loft stores for about $2.16 billion

2015-05-18 14:26:29| Apparel - Topix.net

The Ascena Retail Group is buying the owner of Ann Taylor and Loft stores in a cash-and-stock deal valued at about $2.16 billion. Ann Taylor will a stable of retail clothing stores owned by Ascena, including Lane Bryant, Justice, Dress Barn and Cacique.

Tags: group stores owner retail

 

Drop in wheat output unlikely to affect retail prices as FCI has huge stock

2015-05-16 14:15:27| Agriculture - Topix.net

The government of India, in its third advance estimate has lowered the 2014-15, wheat output to 90.78MT from the February estimate of, 95.76MT. Last year the output was a record 95.85MT.

Tags: stock prices huge retail

 

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