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AUSTRALIA: Discounting sends Noni B to FY loss

2013-08-27 16:07:00| Daily apparel & textile news and comment - from just-style.com

Retail fashion group Noni B slumped to a full-year net loss of AUD3.5m (US$3.1m), hit by a AUD5m impairment charge and substantial discounting in the women's apparel sector.

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Loss of Arctic Sea Ice Spurring Changes in Vegetation and Habitat

2013-08-24 18:02:00| Climate Ark Climate Change & Global Warming Newsfeed

Nature World: Sea ice loss and warmer weather are causing major shifts in Arctic vegetation, according to a study published in the journal Science. The report is based on 10 years of data on the subject, and points to a number of key changes currently underway in the remote region of the world. One such change includes a shift in marine and terrestrial food chains. As sea ice disappears, sea ice algae, the foundation of the marine food web, is quick to follow. As a result, larger plankton appears to be thriving,...

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US: Aeropostale to close more stores on likely Q3 loss

2013-08-23 12:29:00| Daily apparel & textile news and comment - from just-style.com

Aeropostale has said the teen clothing retailer expects to post a third quarter loss and close more stores than originally forecast, after high promotional activity weighed on second quarter sales and deepened losses.

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US: Bon-Ton in Q2 net loss as comps fall

2013-08-22 17:08:00| Daily apparel & textile news and comment - from just-style.com

US department store operator The Bon-Ton Stores cut its second quarter net loss by nearly US$8m, but saw comparable store sales decline by 6.4% in the period.

Tags: net fall loss comps

 

US: Children's Place raises guidance despite Q2 loss

2013-08-22 16:44:00| Daily apparel & textile news and comment - from just-style.com

A "solid" second quarter led The Children's Place Retail Stores to raise its full-year earnings guidance, despite a likely continued fall in comparable store sales.

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