Between March 2009 and March 2011 the average cotton price rose by 346% while the global price index for synthetics rose by 71%.
Sears teams with Outdoor Life to launch apparel line
May 8, 2012 By Leave a Comment
Sears Holdings has teamed up with hunting and fishing magazine Outdoor Life to launch a line of branded sportswear.
Retail import cargoes rise as sector recovers
May 8, 2012 By Leave a Comment
Import cargo volumes are on the way back up as retailers stock up to feed growing consumer demand.
Perry Capital takes majority stake in Barneys
May 8, 2012 By Leave a Comment
Barneys New York has been taken over by Perry Capital in a debt-for-equity swap that reduces the luxury retailer’s borrowings by $540 million.
Bjorn Borg posts weaker first-quarter
May 4, 2012 By Leave a Comment
Swedish underwear brand Bjorn Borg reported a drop in first-quarter net income as sales were hit by cautious spending.
JCPenney appoints Hannah as CFO
May 4, 2012 By Leave a Comment
JCPenney has appointed Ken Hannah as CFO, replacing Michael Dastugue, who left the company in the middle of April.
Steve Madden Q1 profit up 22.5%
May 3, 2012 By Leave a Comment
Steve Madden posted a 22.5% increase in first-quarter net income, because of increased wholesale footwear and accessories sales.
Hermès sales up 22% in “remarkable” Q1
May 3, 2012 By Leave a Comment
Hermès International recorded a 22% increase in first quarter sales, driven by double-digit rises in retail and wholesale revenues.
Adidas raises FY guidance on Q1 profit surge
May 3, 2012 By Leave a Comment
Adidas has raised its full-year sales and earnings guidance after recording a strong increase in first quarter profit and revenues.
American Eagle Outfitters raises Q1 guidance after higher sales
May 3, 2012 By Leave a Comment
American Eagle Outfitters has raised its first-quarter earnings expectations on the back of stronger sales of full-priced spring merchandise.
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