News

Hardwick Clothes Gets New Owner, New CEO

Bruce Bellusci

Allan Jones has acquired Hardwick for $1.9 million out of bankruptcy and hired former Hart Schaffner Marx executive Bruce Bellusci to lead the company.

Apparel Fuels June Consumer Price Growth

Apparel prices in the US grew for a second consecutive month in June, according to new figures.

Wal-Mart Replaces U.S. Division Chief

Greg Foran

Wal-Mart has replaced Bill Simon, CEO of its U.S. division, promoting Greg Foran into the role.

Cold Winter Cuts Retail Sales Growth Forecast

NRF

Retail sales are set to grow at a lower rate than first thought this year, hurt by the cold winter.

HanesBrands Raises Guidance as Q2 Earnings Climb

Hanesbrands

HanesBrands has raised its FY guidance as it revealed Q2 earnings that beat analyst estimates.

Rocky Brands Q2 Earnings Slide

Rocky Brands

Rocky Brands saw Q2 earnings slide due to investments made to grow its brands.

In Other News: Professionals Embrace Backpacks

A J. Campbell backpack by Unified Accessories

Advertising Age reports that professional men are eschewing traditional briefcases and even messenger bags in favor of backpacks.

Epstein Joins Unified as EVP of Sales

Eric Epstein 2014

Unified Accessories has hired former RGA and Swank exec Eric Epstein as EVP of sales for North America.

NRF: Back-to-School Spending Will Increase

NRF

Families will spend slightly more on back-to-school items this year, according to an NRF survey.

Crocs Shifts Strategy as Q2 Profit Slumps

Crocs

Crocs unveiled a strategic plan for bringing long-term growth after Q2 profits slumped 34%.