News

Gap Inc.’s Incoming CEO Names New Gap, Banana Republic Leaders

Jeff_Kirwan_hi_res

Jeff Kirwan will become Gap Global president in December and Andi Owens will become Banana Republic Global president in February.

Ross Stores’ Stellar Q3: Profit, Sales Beat Estimates

Ross Stores

Ross Stores reported a third-quarter numbers worthy of envy to most retailers so far this earnings season.

American Field Takes New York

American Field-FEATURED

The Boston-born made-in-America menswear market, produced by Ball and Buck’s Mark Bollman, is popping up in Brooklyn this weekend.

Graziano de Boni Leaving Armani

Graziano de Boni

Armani’s North America CEO Graziano de Boni is resigning at the end of the year.

NYC Surpasses Hong Kong for Most Expensive Retail Rent

NYC’s retail rent is now the highest in the world, reaching $3,500 per sq. ft. per year on Upper Fifth Avenue.

Hudson’s Bay Names Nordeen Chief Information Officer

Hudson's Bay Company

Hudson’s Bay Company has named former Kohl’s executive Jon K. Nordeen chief information officer.

Hugo Boss Says 75% of Sales Will Come from its Own Stores by 2020

Hugo Boss

Hugo Boss will upgrade its core brand, invest in its own stores, increase its women’s business and look to emerging markets.

Perry Ellis Shareholders Push for Sale

Perry Ellis International

Activist investors, led by Legion Partners, revealed a letter they sent to PEI’s board last month.

Stage Stores Narrows Q3 Loss

Stage Stores

Stage Stores narrowed its Q3 loss to $5.1 million, beating analysts’ predictions.

TJX Q3 Earnings Per Share Up 13%

TJX Companies

TJX’s Q3 net income of $595 million, or $0.85 per share, was up 13% over last year.