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May Retail Sales Bounce Back 17.7 Percent From April
Still down sharply from a year earlier, retailers started to come back to life last month.
Financial
Has the Worst Passed for Fast Fashion?
H&M and Inditex have both signaled improving sales but does the secondhand market pose a threat to the retailers?
Financial
The ‘Green Shoots’ at PVH
Stefan Larsson detailed some signs of progress amid the COVID-19 crisis at the Tommy Hilfiger and Calvin Klein parent.
Financial
Escada Seen Struggling Under New Owner
The waning luxury brand is facing permanent store closures, loss of key executives and is pulling out of the traditional fashion timeline.
Financial
Seeing Past PVH’s $1.1 Billion Loss
Ceo Emanuel Chirco on PVH’s powerhouse balance sheet, its opportunities, another wave of bankruptcies, racism and more.
Financial
J.C. Penney Gets Rent Extension Amid Negotiations With Landlords
The bankrupt retailer, which has reopened some 475 stores, had sought an extension on its lease obligations for June and July.
Financial
Lululemon’s Digital Business Remains a Bright Spot While Revenues Fall
The retailer fell short on both top and bottom line results last quarter. But executives say it’s only temporary.
Financial
PVH Posts $1.1 Billion Loss, Hit By Charges and Sales Decline
Ceo Emanuel Chirico said the company was hit by COVID-19 declines and charges, but is strong and ready to go.
Financial
Some Job Market Stability, Even With 1.5 Million New Jobless Claims
America is starting to get back to work, but unemployment remains a big problem for retail.
Financial
Chow Tai Fook Jewellery Annual Profit Plunges 37%
COVID-19 plus Hong Kong’s strife and a surge in the price of gold hurt the jeweler.
Financial
Unilever Simplifies Structure, Lays Groundwork for More M&A
The company has historically had a dual-headed legal structure, based in London and Amsterdam.
Financial
Merger to Mayhem, Simon and Taubman on the Outs
The $3.6 billion mall marriage is now in doubt in the COVID-19 chaos.
Financial
Oxford Industries Posts Big Q1 Loss, But Sees Green Shoots
E-commerce sales were up 12 percent and reopened stores in vacation communities are doing well.
Financial
Simon Terminates Taubman Takeover
The $3.6 billion mall marriage has hit the rocks in the COVID-19 chaos.
Financial
Chico’s FAS Loses $178 Million During Coronavirus Shutdown
The retailer is slowly reopening its store fleet.
