Tue, May 26
Meanwhile in the US, a decline in margins coupled with lower sales across all divisions dragged specialty clothing retailer Gap Inc to a 13.7% drop in first quarter profit. Same-store sales fell 8%, an improvement on the 11% decline seen last year and one that also prompted speculation Gap...
Related News
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...
Published Fri, Aug 28
source: just-style.com
The results come after two years of cost cutting and expense management at the San Francisco based retailer - although sales worryingly continue to fall in all its divisions. Its best performing unit was Old Navy, but there is still work to be done at the Gap, Banana Republic and internatio...
Published Mon, Aug 24
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
NYSE traders to wear Gap jeans for a day? 
source: BloggingStocks
The Wall Street Journal reports (subscription required) that "As part of a joint promotion between Gap Stores Inc. (NYSE: GPS) and the Big Board, traders will be outfitted with 1969 Premium Jeans from the retailer. Gap executives will ring the closing bell Friday, remotely from the compa...
Published Mon, Aug 17
Clothing retailer Eddie Bauer files for bankruptcy protection 
source: google.com
NEW YORK Our outlet stores compete with the outlet stores of other specialty retailers such as Ann Taylor, Banana Republic, Gap, J. Crew and Ralph Lauren/Polo, outdoor specialty stores such as Columbia Sportswear and North Face as well as with other ...
Published Wed, Jun 17
Activists hail move against Uzbekistan child labour (News Feature) 
source: monstersandcritics.com
Key companies, including Asda Wal-Mart, the British Tesco, Marks and Spencer and Gap, the clothing retailer, have all agreed in recent months to pull out of Uzbekistan as the evidence of forced child labour in return for meagre salaries mounted. ...
Published Mon, Jun 15
Bouquets and Brickbats: No specialty retailer for Santa Maria 
source: San Luis Obispo Tribune
Bakersfield Now CA Come to think of it, what store doesn't Santa Maria have … aside from a Gap, Abercrombie & Fitch and a Pottery Barn? And aren't those specialty retailers? Maybe, just maybe, SLO will have the last laugh after all. But we'd better not LOL, ...
Published Fri, Jun 12
Bouquets and Brickbats: No specialty retailer for Santa Maria 
source: San Luis Obispo Tribune
Bakersfield Now CA Come to think of it, what store doesn't Santa Maria have … aside from a Gap, Abercrombie & Fitch and a Pottery Barn? And aren't those specialty retailers? Maybe, just maybe, SLO will have the last laugh after all. But we'd better not LOL, ...
Published Fri, Jun 12