Sears to Borrow $400 Million Following Ratings Downgrade

Sears Holdings

Sears Holdings is borrowing $400 million from a fund led by its chairman and CEO Edward Lampert.

Holt Renfrew Closing Two Stores Amid Expansion

HoltRenfrewMenswear-FEATURED

In a statement about its $300 million investment in new and existing stores across Canada, luxury retailer Holt Renfrew announced that stores in Ottawa and Quebec City will close early next year.

Mitchell Lechner Leaves PVH

Mitchell Lechner, president of the Dress Furnishings Group in the Heritage Brands division at PVH, has left the company.

PrimaLoft Develops High-Tech Down Blend

PrimaLoft

Fabric maker PrimaLoft has developed a down blend it says is the next generation in apparel insulation.

H&M Books Q3 Sales Rise

H&M

Swedish apparel retailer H&M booked an increase in revenues in the third quarter.

Apparel a Bright Spot in August Retail Sales

An increase in consumer confidence and spending in August helped to boost retail sales, with apparel a particular bright spot.

BJD Staffs Up for 2015

GaryLowy-DaveWennerstrom-FEATURED

California sportswear company BJD’s president Dave Wennerstrom has named Gary Lowy and David Carey to sales positions.

Hudson’s Bay Narrows Q2 Loss on Sales Surge

Hudson's Bay Company

Hudson’s Bay Company has more than halved its Q2 losses, thanks to a near-doubling of sales.

New Brands Boost Cherokee’s Q2 Profit

Cherokee

New brands and international business expansion help Cherokee book double-digit Q2 earnings and sales growth.

Lululemon Athletica Says Overhaul is On Track, Lifts Guidance

Lululemon

Lululemon says its overhaul remains on track, and has lifted its FY guidance despite a Q2 profit decline .