Financial

Accessories News

Financial

Japanese Dept. Stores See Growth in June, Uniqlo Struggles

Japanese department stores saw higher sales in June as demand from tourists helped boost figures but fast-fashion brand Uniqlo's comps slid 11.7 percent.

Finish Line First Quarter a Winner

Finish Line Inc.'s first-quarter results revealed a retailer firing on all cylinders as total revenues, earnings and comparable-store sales all showed gains.

A Takashimaya store in Tokyo, Japan.

Takashimaya Q1 Net Jumps on Gain

Sales for the period slid, although tourism helped sustain the business.

H&M, Conscious Commerce

H&M Profits Gain 11% in Q2

The Swedish retailer came up against currency headwinds, cool spring weather and negative calendar effects.

Retailers Cut Jobs as Pressures Mount

The continuing migration of sales to the Internet and digital space is leading to job reductions in stores and at retailers' corporate headquarters.

L Brands Renews Share Buyback Program

L Brands Inc. said this morning that it was board of directors approved a $250 million share repurchase program that includes $600,000 left over from its prior stock buyback program.

Apple Mines Big Profits From Watch Band

Nearly 20 percent of Apple Watch buyers are not only shelling out hundreds of dollars for the timepiece but are springing for a spare band too.

Material Wrld and Intermix to Host Trade-in Events

Intermix will become Material Wrld's newest retail partner.

House Bill Aims to Close Internet Sales Tax Loophole

Industry groups lauded the new bill and said they hope it will level the playing field between brick and mortar stores and online and remote sellers.