BloggingStocks | by Trey Thoelcke | Sun, Nov 18
Sun, Nov 18
Abercrombie & Fitch Co. (NYSE: ANF), Gap Inc. (NYSE: GPS), and Nordstrom Inc. (NYSE: JWN) are scheduled to report earnings next week, offering a chance to see how these apparel retailers have been doing in the lead-up to the holiday season.
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source: BloggingStocks
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On the first anniversary since the sector went into freefall following the collapse of the world's financial markets in September 2008, it's perhaps not surprising that US apparel retailers yesterday (8 October) posted monthly same-store sales results that in many cases marked thei...
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Donald Fisher, legendary retail giant, dies 
source: BloggingStocks
Back in the late 1960s -- when the hippie movement was in full force -- Donald Fisher started a blue jeans store in San Francisco. Yes, it eventually turned into a retail empire, called The Gap (NYSE: GPS). The company now has more than 3,100 stores and $14.5 billion in revenues.
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Breathing new life into Aquascutum 
source: just-style.com
Other retailers are stepping up their focus on online apparel and footwear customers in an attempt to grow sales - the most recent of which is Gap Inc's shoe site Piperlime, which has added women's wear to its line-up. Labels including Marc by Marc Jacobs, 7 for all Mankind, Joie, J Brand, an...
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Twelve straight months of retail sales declines 
source: BloggingStocks
Some retailers actually showed gains. TJMaxx (NYSE: TJX) and Old Navy, a Gap (NYSE: GPS) company, for example, saw year-over-year sales increases, though upscale stores generally sustained declines. The action on the discount side could be an early sign that the consumer is ready to pla...
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American Eagle Outfitters bombs with comps in the second quarter 
source: BloggingStocks
American Eagle Outfitters (NYSE: AEO), a fashion retailer that competes with Gap (NYSE: GPS) and Abercrombie & Fitch (NYSE: ANF), didn't do too well in Q2. Total sales went down 5%, and earnings per share on a GAAP basis fell a most awful 50% to 14 cents. According to Bloomberg, the adjus...
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Aeropostale posts a sharp increase in Q2 profit 
source: BloggingStocks
Aeropostale (NYSE: ARO), a retailer that competes with Abercrombie & Fitch (NYSE: ANF), American Eagle Outfitters (NYSE: AEO), and Gap (NYSE: GPS), posted what I thought was a superb second-quarter earnings summary on Thursday after the bell. The figures were very appealing, and...
Published Fri, Aug 21