By  on September 3, 2010

 

BEST OF THE MONTH: Limited Brands Inc.’s 10 percent gain courtesy of Victoria’s Secret’s 15 percent boom, with Zumiez Inc. (9.1 percent) not far behind.

WORST OF THE MONTH: Perfumania Holdings Inc.’s 8.7 percent pullback.


BIGGEST UPSIDE: Stein Mart Inc. was expected to come in flat, but instead rose 8.5 percent as it pushed a clearance event into the month’s final weekend.

BIGGEST DOWNSIDE: The Bon-Ton Stores Inc. was down 4.6 percent versus Thomson Reuters’ estimate of a flat performance. Bon-Ton cited reduced levels of clearance merchandise as well as…

ALIBI OF THE MONTH: …“The hottest weather in our markets since 1995,” according to Tony Buccina, Bon-Ton’s vice chairman and president of merchandising.

BIGGEST SWINGS: In a telling tale of changing fortunes in the teen market, Abercrombie & Fitch Co. was up 6 percent, versus down 29 percent a year ago, while Aéropostale Inc. went from up 9 percent in August 2009 to down 1 percent last month.

LAPPING LUXE: Nordstrom Inc. continued to set the pace in the upscale business, bounding 6.3 percent, while Neiman Marcus Inc. and Saks Inc. rose 2.9 and 1 percent, respectively.

OFF-PRICE BREAKOUT: As promotional as the retail sector was in general, off-price leaders Ross Stores Inc. and The TJX Cos. Inc. still managed increases of 5 and 2 percent, respectively.

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