Gap

September sales eke out gain

source: just-style.com

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...

Published Fri, Oct 9

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...

Published Sun, Sep 13

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...

Published Fri, Sep 4

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

Is the tide turning for Gap?

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

Little sign of a July retail uptick

source: just-style.com

There are more immediate concerns for US apparel giants Gap and Levi Strauss, who have both launched urgent investigations in Lesotho after a supplier in the African country was exposed for chemical dumping and pollution by a UK newspaper.

Published Mon, Aug 10