Kohl’s and Urban Outfitters have already deployed the new version of product innovations platform.
The retailer already has licensing deals in China and Hong Kong.
The company posted its 10th consecutive quarter of comps gains.
As part of its plan to team with leading global universities, Archroma partnered with the FIT’s Textile Development and Marketing department.
The overall employment picture in the U.S. brightened as companies added workers.
A new campaign centered around American jeans will launch on July 6.
American Eagle Outfitters will offer limited-edition AEO Pride T-shirts, tanks, boxer briefs and accessories with 100 percent of sales benefiting It Gets Better Project.
The consensus estimate pegs Q1’s net loss at 70 cents a share, on sales of $651 million.
Women’s apparel comps rose 2 percent, but the men’s business fell 6 percent for the quarter.
Analysts say strategic buyers tend to have difficulty merging specialty retailers.
Abercrombie said there’s “no assurance” any discussions will lead to a definitive agreement.