Jennifer Weitzman

More From Jennifer Weitzman

A&F's latest marketing effort will not include scantily clad models, as shown here in a previous catalogue. The new campaign will center on a lifestyle message.

Marketing and Promotion

The Makeover at A&F: Less Sex, Higher Prices And New Upscale Format

Analysts’; reaction to Abercrombie & Fitch’s plan to reposition itself with more aspirational fashion at higher price points was mixed.

clock February 19, 2004Jennifer Weitzman and Arthur Zaczkiewicz

Financial

Ann Taylor Grew Loft, But Lost Money

NEW YORK — Hampered by $17 million in one-time pretax charges relating to inventory write-offs and the write-down of some of its Internet assets, Ann Taylor reported a net loss of $332,000 in its fourth-quarter despite robust same-store growth at its…

clock March 7, 2002Jennifer Weitzman

Financial

NMG: ‘Luxe Still Alive’ — But Value Stores Win Numbers Game

NEW YORK — Last year’s traumatic finish brought the luxury sector’s financial winning streak to a halt, but added points to the ledgers of value retailers.

High-end shoppers were fewer and less acquisitive in the final months of 2001,…

clock March 1, 2002Jennifer Weitzman and Dan Burrows

Financial

New Gap Notes Get Junk Ratings

NEW YORK — As quickly as Gap announced it would be selling $1 billion in convertible notes, Moody’s Investors Services and Standard & Poor’s said Wednesday they were junk.

Moody’s Wednesday assigned the new senior unsecured convertible…

clock February 28, 2002Jennifer Weitzman

Financial

Still Bleeding Red Ink, Gap Shuffles Team And Now Aims For Fall

NEW YORK — Putting the final coat of paint on its “most difficult year ever,” Gap Inc. swallowed a $34.2 million fourth-quarter loss Tuesday as it shifted its management and merchandise and announced plans for some sorely needed…

clock February 27, 2002Jennifer Weitzman

Fashion Features

Consumer Confidence Falls Back In February

NEW YORK — Consumer confidence retreated in February after two months of progress as fears about employment and the equity markets reawakened the public’s anxiety.

The Conference Board’s monthly reading of consumer confidence, which…

clock February 27, 2002Jennifer Weitzman

Retail

Endangered Species? Dept. Store Woes Spur Merger Rumors

NEW YORK — Will there be another wave of mega-mergers to ultimately save the department store?

Industry observers say there is nothing in the works at the moment, but big deals could happen in the future. There recently has been a…

clock February 26, 2002David Moin and Jennifer Weitzman

Financial

Nordstrom Net Up 87.8% In Quarter

NEW YORK — Nordstrom Inc. announced that it had an 87.8 percent upswing in fourth-quarter earning results, a result of smaller-than-expected sales decline and tough expense and inventory management.

The Seattle-based upscale retailer reported…

clock February 22, 2002Jennifer Weitzman

Retail

Gap’s Woes Deepen As Credit Rating Hits Rock-Bottom Level

NEW YORK — Gap Inc.’s credit rating is officially junk.

Standard & Poor’s on Thursday cut the ailing Gap’s credit rating three notches to junk status, citing the disappointing sales and earnings at the largest U.S. specialty…

clock February 15, 2002Jennifer Weitzman

Retail

AE Comps Up In Jan. As Nordstrom Slides

NEW YORK — American Eagle Outfitters managed what Nordstrom and Hot Topic couldn’t last month — a comparable-store increase.

Based in Warrendale, Pa., American Eagle reported that its January comps rose 6.2 percent. With one less…

clock February 7, 2002Jennifer Weitzman

Financial

Another Sales Gain For Chico’s

NEW YORK — Chico’s FAS, the specialty store darling of 2001, stands on the verge of completing five years without a monthly comparable-store decline after registering a same-store sales increase of 22.4 percent in January.

Although…

clock February 6, 2002Jennifer Weitzman

Beauty Features

Beauty, Health Help Procter & Gamble’s Net Beat Analyst’s Expectations

NEW YORK — Record unit growth, especially in its health and beauty care business, combined with stringent cost-cutting measures lifted Procter & Gamble’s second-quarter earnings 9.2 percent and above analysts’ expectations. Additionally,…

clock February 1, 2002Jennifer Weitzman

Fashion Features

News Of Loan Violation Pummels Arden Issues

NEW YORK — Shares of Elizabeth Arden Inc. plunged more than 28 percent Thursday after the beauty product maker said that it would be in violation of loan covenants, incur a fourth-quarter loss and cut one-tenth of its U.S. workforce.

The…

clock February 1, 2002Jennifer Weitzman

Fashion Features

Confidence Rebounds Again

NEW YORK — Consumer confidence rose for the second straight month in January, reaching its highest level since August, as consumers began to sense sunnier days ahead for the economy.

The Conference Board’s monthly reading of consumer…

clock January 30, 2002Jennifer Weitzman

Retail

Mothers Work Net Leaps 85.2%

NEW YORK — Maternity retailer Mothers Work Inc. delivered a successful first quarter, as income skyrocketed 85.2 percent on strong holiday sales, gross margin improvement and new accounting rules.

In addition, the Philadelphia-based…

clock January 22, 2002Jennifer Weitzman

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