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Nordstrom misses Street 3Q forecasts

2015-11-13 02:08:57| Apparel - Topix.net

Nordstrom shares plummeted more than 19 percent in late trading Thursday after the retail chain missed Wall Street earnings estimates and lowered its guidance for the year. The Seattle-based company blamed "softer sales trends," across all categories of merchandise, for a third-quarter performance that was "below company expectations."

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What to Watch Thursday: Nordstrom Reports Amid Retail Sector Gloom

2015-11-12 03:37:03| Auto Parts - Topix.net

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Nordstrom Partners With Olivia Palermo on Chelsea28 Collection

2015-10-29 17:09:05| Apparel - Topix.net

COUNTRY COLLABORATION: Olivia Palermo is in high-demand these days, and Nordstrom is the latest to bank on her selling power. The Seattle-based retailer has tapped the New York-based model-socialite-designer to collaborate on its private label brand, Chelsea28, in a yearlong partnership comprised of four seasonal collections, the first of which is set to debut this spring.

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Nordstrom settles in to new home at Wauwatosa's Mayfair mall

2015-10-20 16:28:57| Apparel - Topix.net

As natural light filtered through the windows of the new Nordstrom at Mayfair mall, stylish employees hung sparklis ing pairs of earrings on jewelry racks - last minute touches before the fashion retailer's much anticipated grand opening Oct. 23. For fashionistas in the Milwaukee area, Christmas is coming early with the store's 10 a.m. Oct. 23 opening date. Gone are the days of traveling to Chicago for designer apparel, accessories, footwear and beauty products from Nordstrom; the 144,000-square-foot location in Wauwatosa is a "hometown store" for shoppers, said store manager Elena Mallios.

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US Q3 in brief: Nordstrom, Macy's, American Apparel, Black Diamond

2015-10-20 16:22:00| Daily apparel & textile news and comment - from just-style.com

In the most recent third-quarter filings from US apparel brands and retailers, Kate Spade & Co returned to profit, while Columbia Sportswear Co, Sequential Brands and Under Armour lifted their full-year guidance. Nordstrom lowered its full-year outlook, while Macy's and Kohl's posted double-digit earnings declines. 

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