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J. Crew Swings to Loss on Write-Downs

2014-12-05 10:15:32| Apparel - Topix.net

J. Crew Group Inc. swung to a loss in the third quarter as the privately held retailer wrote down the value of its retail-store operations and posted other related charges. J. Crew, which started in 1983 when it mailed its first catalog, is trying to broaden its customer base by launching a new company, J. Crew Mercantile, that would price clothing and other merchandise higher than the retailer's outlet stores but lower than its full-line stores, The Wall Street Journal has reported, citing people familiar with the operations.

Tags: loss crew swings writedowns

 

Gildan Activewear shares sink 11 per cent after company warns of coming Q1 loss

2014-12-05 02:04:36| Apparel - Topix.net

Gildan Activewear stock price fell about 12 per cent in early trading after the company warned that it's headed for a loss and unusually weak revenue in the current quarter - already a seasonally soft period for the clothing maker. Gildan was down $7.88 or 11.9 per cent at $58.44 in early trading on the Toronto Stock Exchange.

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Mulberry eyes improvement after H1 loss

2014-12-04 15:20:00| Daily apparel & textile news and comment - from just-style.com

Luxury brand Mulberry slid to a first-half pre-tax loss as sales fell across the board, but management highlighted improving trends in second half trading.

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New York & Co disappoints with wider Q3 loss

2014-12-04 15:07:00| Daily apparel & textile news and comment - from just-style.com

Apparel retailer New York & Company saw its adjusted third quarter net loss more than double as revenues and comps both dipped by 3.4%.

Tags: york loss wider q3

 

Mixed reaction to Aeropostale Q3 loss

2014-12-04 14:48:00| Daily apparel & textile news and comment - from just-style.com

Analysts gave a mixed response to apparel retailer Aeropostale's third quarter adjusted net loss of $35.2m, with net sales and comps falling by double digits.

Tags: loss mixed reaction aeropostale

 

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