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Hampshire Q1 losses flat despite sales growth
First-quarter net losses at apparel maker Hampshire Group remained flat with last year, despite posting a healthy sales boost from its acquisition of Honduras-based knitted top manufacturer Rio Garment. For the … Read more
Bain & Co: Worldwide luxury market to exceed $255 billion in 2012
Global luxury goods sales will rise by 6-7% this year to break through the $255 billion barrier, according to a new study. Business advisor Bain & Company expects annual sales increases of 7-9% a year until the … Read more
Abercrombie & Fitch Q1 tumbles on costs and comps
Higher costs, "challenging" trends in Europe, and falling same-store sales in the US have combined to push apparel retailer Abercrombie & Fitch Co to a sharp drop in first quarter earnings. The company said net … Read more
JCPenney slides to Q1 loss in tough quarter
The transformation of retailer JCPenney has hit early trouble after the company reported big losses for the first quarter, impacted by double-digit sales and comps declines. JCPenney warned that further inventory … Read more
Dignity U Wear to launch Suits for Soldiers drive
NEW YORK—Dignity U Wear will launch its Suits for Soldiers initiative, sponsored by Brooks Brothers and Maidenform, on June 13 at Brooks Brothers' Madison Avenue flagship store. The event will be hosted by … Read more
American Image Awards honor Warnaco’s McCluskey, Steve Tanger, Michael Phelps
By Shaun Levine The 34th Annual American Image Awards took place Monday, May 7th, 2012, at Cipriani 42nd Street in New York City, sponsored by the American Apparel & Footwear Association. The high profile … Read more
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