The new regime at American Apparel Inc. is still trying to distance itself from the company’s ousted founder Dov Charney.
— April 27, 2015
All the key indices close the day in red after a strong opening at the morning bell.
After a strong opening, stocks lost stream in midday trading – especially in the retail sector, which was mostly in the red ahead of Apple Inc.’s quarterly earnings report.
Retail and luxury stocks were mostly down.
Under Armour, Nordstrom and Target are among the companies upping their capital expenditures.
The company’s board of directors has approved the proposed merger with Net-a-porter Group.
— April 26, 2015
First quarter earnings rise.
— April 24, 2015
Shares in French Connection slumped 17 percent after the retailer issued a profit warning.
Hanesbrands Inc. registered increases in first-quarter sales and profits that narrowly missed analysts’ consensus estimates and raised its full-year guidance to reflect the acquisition of Knights Apparel completed earlier this month.
— April 23, 2015