In Other News: Seven Retailers Searching for CEOs

HSN's Mindy Grossman is being courted by retailers.

American Apparel, American Eagle Outfitters, Bon-Ton, Dollar General, Gordmans, JCPenney and Target are all in various stages of CEO searches.

Saks Searching for Downtown Manhattan Spaces

Saks Fifth Avenue

The Wall Street Journal reports that Saks owner Hudson’s Bay is in talks for downtown retail and office space.

West Coast Port Contract Talks Resume

Contract negotiations for West Coast dockworkers resumed after a 3-day hiatus.

Lululemon Athletica Supply Chain Issues Improving


Supply chain management issues at Lululemon may be resolved.

O’Brien Named EVP Design at Tommy Bahama

Bradley O’Brien

Bradley O’Brien has been named EVP of design and product development at Tommy Bahama, a newly created position.

Joachim Beer Named Managing Director of Brax

Joachim Beer

Joachim Beer has joined the German sportswear maker Brax as managing director.

Burberry Warns of FY Currency Headwinds


Burberry says exchange rates may hit FY profit, despite Q1 sales up double-digits.

Pull-Back on Promotions Weighs on Gap June Sales


Gap Inc. posted a drop in June comparable store sales, weighed down by a pull-back on promotions at its Gap and Banana Republic brands.

Fast Retailing Cuts FY Outlook as Earnings Slide

Fast Retailing

Fast Retailing cut its FY outlook as it recorded a drop in earnings in the first 9 months.

Acquisition Boosts Joe’s Jeans Q2 Earnings

Joe's Jeans

Joe’s Jeans Q2 earnings climb on higher sales, boosted by Hudson acquisition.