The world’s second biggest fashion retail firm, H&M, is shuttering its independent brand Cheap Monday, the company said on Tuesday (Nov. 27), as reported by Reuters. The brand had been owned by H&M through its 2008 acquisition of Fabric Scandinavien AB, which was the owner...
According to the old aphorism, a rising tide lifts all boats. Depending on context, that old chestnut of wisdom can be quite controversial, as is the kind of big-picture thinking it encourages. But, in the narrow context of Q2 and the retail world, it is pretty hard...
Beginning in February, Target will have a new lifestyle clothing brand for women featuring lots of denim and even lower prices than its current women’s apparel lines. The private label line, Universal Thread, will include tops, dresses, accessories and shoes priced between $5 and $39.99,...
Turnarounds are not easy work — just ask the team at JC Penney. As of the end of Q2, the numbers aren’t quite what the long-suffering retail chain was hoping to see. Same-store sales and earnings both clocked in under analyst estimates, and net losses...
January 09, 2023
Abercrombie & Fitch has boosted its fourth-quarter outlook, driven by record demand for women’s apparel. The retailer of apparel and accessories for men, women and children now expects net sales for the current quarter to be up 1% to 2% after previously providing guidance that the figure would be down 2% to 4%, the firm said […]
November 27, 2018
The world’s second biggest fashion retail firm, H&M, is shuttering its independent brand Cheap Monday, the company said on Tuesday (Nov. 27), as reported by Reuters. The brand had been...
January 10, 2018
Beginning in February, Target will have a new lifestyle clothing brand for women featuring lots of denim and even lower prices than its current women’s apparel lines. The private label...
August 14, 2017
Turnarounds are not easy work — just ask the team at JC Penney. As of the end of Q2, the numbers aren’t quite what the long-suffering retail chain was hoping...
