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US Q1 in brief - Nordstrom, Walmart, Dillard's

2018-04-11 13:36:00| Daily apparel & textile news and comment - from just-style.com

In the latest first-quarter filings from US apparel and footwear brands and retailers, Macy's upped its guidance on the back of higher than expected earnings and sales, while Differential Brands widened its net losses. Casual footwear brand Skechers USA achieved a new quarterly sales record.

Tags: walmart nordstrom dillards

 

Nordstrom ends family takeover talks

2018-03-21 11:26:00| Daily apparel & textile news and comment - from just-style.com

The special committee of the upscale US fashion retailer Nordstrom has put an end to talks with the firm's founding family group to purchase all of the outstanding shares of common stock of the company, stating the two sides could not agree on an acceptable price for the company.

Tags: family ends talks takeover

 
 

Industry Pros Expect Another Nordstrom Buyout Offer, And No Store Closures

2018-03-15 08:24:05| National Real Estate Investor

Industry insiders are not convinced the deal to take the department store chain private is dead.

Tags: store offer industry expect

 

Nordstrom invests in digital technology firms

2018-03-12 17:24:00| Daily apparel & textile news and comment - from just-style.com

Upscale US fashion retailer Nordstrom has acquired two retail technology companies - BevyUp and MessageYes - in a move it says will help deliver on speed and create a seamless shopping experience for customers.

Tags: technology digital firms invests

 

Nordstrom rejects family takeover bid

2018-03-06 11:56:00| Daily apparel & textile news and comment - from just-style.com

The special committee of the upscale US fashion retailer Nordstrom has rejected a proposal by the firm's founding family group to purchase all of the outstanding shares of common stock of the company, branding it "inadequate".

Tags: family bid rejects takeover

 

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