Clothing designer Mossimo has posted a 43.6% net revenue slump to US$4.9m from $8.7m in the first quarter of 2006. The company reported a Q1 net loss of $1.17m, which included a non-recurring charge of $6m, compared to net earnings of $1.8m for the same period last year. First quarter diluted loss per share was [...]

Apparel retailer Gap Inc on Monday (22 May) revealed plans to launch a new online footwear business through its e-commerce division Gap Inc Direct, to sell leading fashion brands for men, women and children. The new business is expected to go online in time for the 2006 holiday season with a broad assortment of footwear [...]

Women’s apparel retailer AnnTaylor Stores Corporation has posted a 16.7% net sales increase to $556.2m for the first quarter of the 2006 financial year. Net income stood at $39.0m, or $0.53 per share on a diluted basis, compared to net income of $17.0m, or $0.24 per share on a diluted basis, during the same period [...]

Specialist footwear company Deckers Outdoor Corporation exceeded expectations in the first quarter of 2006, despite seeing sales fall to US$56m from $64.3m for the same period last year. Net profits for the quarter also fell, from $8.9m to $5.6m, but president and CEO Angel Martinez said he was pleased with the company’s “strong” start to [...]

Apparel group Liz Claiborne said president and chief merchandising officer of better and moderate department store brands, Denise Johnston, has quit to take on Gap’s Adult business. Johnston left Claiborne yesterday, leaving the company to consider internal and external candidates for her successor. Her responsibilities at Claiborne included oversight of all design and merchandising activities [...]

Shoe company K-Swiss said first-quarter earnings and sales falls mirrored “negative trends” in its domestic business. Quarterly earnings were down to US$24.9m from $25.9m a year ago, while revenues fell to $149.98m from $153.14m. Domestic revenues spiralled 12.1% in the quarter, with a better result of a 31.1% increase internationally. The company expects earnings per [...]

Outdoor clothing and footwear specialist Columbia Sportswear saw first-quarter net income fall 8.5% to US$19.5m. President and CEO Tim Boyle said sales, which rose 5.9% to $260.2m, were consistent with the company’s expectations. They were driven, he added, by Columbia and Mountain Hardwear spring sportswear shipments in the US and Japan, plus footwear sales from [...]

A loss of business with the military was mostly responsible for falling first-quarter sales at footwear specialist Rocky Shoes & Boots. For the three months ending 31 March, net sales were US$57.5m, down from $61.5m for the same period in 2005. Income was down from $1.1m to $0.9m. The company said the fall in sales [...]

Phoenix Footwear Group has appointed Prasal Reddy as executive vice president of sourcing, with a key role in moving much of the company’s sourcing from Brazil to Asia. Reddy has been involved in the footwear industry for more than 30 years and previously spent ten years as president of K-Swiss International, based in Taiwan. He [...]

Women’s clothing producer bebe stores is predicting further sales rises after third-quarter sales increased 13.6% to US$132.8m. The company said it anticipates comparable store sales will rise in the “low single digits” during the fourth quarter of fiscal 2006, after same store sales were up 4.7% in Q3. Operating income was also up from $16.8m [...]