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Gap profit soars; Aeropostale first quarter sales plummet

2013-05-24 02:51:31| Apparel - Topix.net

Gap has staged a comeback in the last few years, offering hipper fashions that have found favor again with shoppers that in the interim had flocked to Zara parent Inditex SA , which competes with Gap, said its first quarter same-sales fell 14 percent, blaming poor weather and a tough economy, and reported a loss as it resorted to deep discounts to ... (more)

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Aeropostale Price Target Increased to $20.00 by Analysts at Jefferies Group

2013-05-21 09:39:43| Apparel - Topix.net

The firm currently has a "buy" rating on the stock. The analysts wrote, "We continue to like the specialty retail group heading into 1Q earnings.

Tags: price group increased target

 
 

US: Former Aeropostale executive convicted on fraud charges

2013-04-29 14:36:56| Daily apparel & textile news and comment - from just-style.com

Former Aeropostale executive vice president and chief merchandising officer Christopher Finazzo has been convicted of defrauding the company and taking more than US$25 million in kickbacks from a key vendor.

Tags: executive charges fraud convicted

 

P.S. From Aeropostale to Open at Livingston Mall

2013-04-14 12:56:01| Apparel - Topix.net

Aropostale, Inc. , a mall-based specialty retailer of casual apparel for young women and men, today announced that it will open its newest kids brand P.S. from Aropostale at Livingston Mall in Livingston, NJ.

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US: Aeropostale fails to end shareholder lawsuit

2013-03-27 13:27:00| Daily apparel & textile news and comment - from just-style.com

Aeropostale has failed in a bid to dismiss a lawsuit accusing the US retailer of defrauding shareholders in 2011 by hiding problems with excess inventory and weak sales, which hit its share price.

Tags: end fails lawsuit shareholder

 

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