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US Q2 in brief: Abercrombie & Fitch, Express, Chico's, DSW

2015-07-30 18:29:00| Daily apparel & textile news and comment - from just-style.com

Second-quarter earnings for the retail sector as a whole are forecast to be lower than the prior month, despite easy year-on-year comparisons. Express raised its full-year outlook after its profit increased more than threefold, DSW said it remains confident in its direction after earnings grew, and Foot Locker had an "outstanding" quarter with sales, earnings and margins all up. However, Chico's reported a 93% profit decline. 

Tags: express chicos fitch abercrombie

 

US Q2 in brief: PVH Corp, Abercrombie & Fitch, Express, Chico's

2015-07-30 18:29:00| Daily apparel & textile news and comment - from just-style.com

Second-quarter earnings for the retail sector as a whole are forecast to be lower than the prior month, despite easy year-on-year comparisons. PVH Corp revealed second-quarter results that beat its expectations, upping its full-year guidance. Express also raised its full-year outlook after its profit increased more than threefold, DSW said it remains confident in its direction after earnings grew, and Foot Locker had an "outstanding" quarter with sales, earnings and margins all up. However, Chico's reported a 93% profit decline, while Abercrombie & Fitch saw its profit plummet 95%.

Tags: express corp chicos fitch

 
 

US Q2 in brief: Guess, PVH Corp, Abercrombie & Fitch, Express

2015-07-30 18:29:00| Daily apparel & textile news and comment - from just-style.com

Second-quarter earnings for the retail sector as a whole are forecast to be lower than the prior month, despite easy year-on-year comparisons. Guess saw both earnings and sales fall in the quarter, while PVH Corp revealed second-quarter results that beat its expectations, upping its full-year guidance. Express also raised its full-year outlook after its profit increased more than threefold, DSW said it remains confident in its direction after earnings grew, and Foot Locker had an "outstanding" quarter with sales, earnings and margins all up.

Tags: express guess corp fitch

 

Huge lawsuit against Abercrombie got a big boost from a...

2015-07-29 03:40:01| Apparel - Topix.net

Two ex-Abercrombie & Fitch workers can sue the retailer on behalf of thousands of employees who allegedly had to conform to its notorious look policy, thanks to a federal court ruling that officially certified the case as a class action. Judge Jesus Bernal's ruling granting class certification this month means there's a lot more at stake than there would be if two individuals were suing Abercombie on their own.

Tags: a from big huge

 

Abercrombie is trying to compete with Nike, Under Armour, and Lululemon

2015-07-28 01:34:25| Apparel - Topix.net

The line will be available on the store's website and in stores on July 29th. company news release says that: "The collection is a nod to the brand's athletic heritage, featuring sporty items that can be dressed up or down including cropped fleece tops, structured leggings, Abercrombie & Fitch is lowering its prices as it is, which is an attempt for the brand to keep up with the competition.

Tags: under compete nike armour

 

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