Thomas J. Ryan

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Fashion Features

Retail Sparks Market Surge

NEW YORK — Apparently fueled by a combination of bottom fishing and hopes for better prospects in 2001, retail stocks led a rally in the broader market on Wednesday.

The Dow Jones Industrial Average rose 110.72 points, or 1.04 percent, to…

clock December 28, 2000Thomas J. Ryan

Fashion Features

Wall Street Reacts: Slow Holiday Brings Bad Tidings for Retail

NEW YORK — Ho-ho-hum. It’s beginning to look a lot like Christmas, even with modest expectations, wasn’t all it was cracked up to be.

Lackluster traffic during the pre-Christmas week prompted both Goldman Sachs and Salomon Smith Barney to cut…

clock December 28, 2000Thomas J. Ryan

Fashion Features

Levi’s Gets $ 1.5B Credit Line

NEW YORK — Levi Strauss & Co. said it has received a commitment for a new $1.5 billion senior secured credit facility with improved terms.

The new line consists of a $750 million revolving credit facility and $750 million term loan. The…

clock December 27, 2000Thomas J. Ryan

Fashion Features

Wards Could be Among Season’s Retail Casualties

NEW YORK — Is GE Capital ready to pull the plug on Wards?

Wards and GE officials could not be reached Tuesday when speculation surfaced that the retailer’s days may be numbered.

“There are rumors of an announcement and it’s not going to…

clock December 27, 2000David Moin and Thomas J. Ryan

Fashion Features

Wanted: Buyers For Bradlees Stores

NEW YORK — Bradlees Inc.’s apparent move to liquidate is expected to spark a spirited chase for its prime real estate in the coveted Northeast market.

As expected, reports surfaced last week that Bradlees had signed a deal with Gordon Brothers…

clock December 26, 2000Thomas J. Ryan

Fashion Features

Lauder Lads Stock DownGrades

NEW YORK — Shares of Estee Lauder Cos. fell $3.94, or about 9 percent, to $47.06 Thursday after Merrill Lynch downgraded the stock due to sluggish department-store sales, weak foreign currencies and a slowing U.S. economy.

The downgrade…

clock December 22, 2000Thomas J. Ryan

Fashion Features

Retailers Keep Revlon Faith

NEW YORK — Revlon owner Ronald O. Perelman has shown he’s willing to invest in Revlon’s future. But what about the retailers? Can they afford to wait for the brand’s return to glory?

Most think they don’t have a choice. “We need Revlon to do…

clock December 22, 2000Faye Brookman and Thomas J. Ryan


Claiborne Sees Profits Off, Will Close First Issue

NEW YORK — The road to turnaround continues to be a bumpy one for Liz Claiborne Inc.

The firm said Monday that it plans to phase out its money-losing First Issue retail chain and take a $20 million to $30 million writeoff. It also reported…

clock December 20, 1994Thomas J. Ryan


Wall Street: Combinations, Private Funding to the Fore; IPOS Fade

NEW YORK — Private placements and strategic mergers are capturing the spotlight on Wall Street, as the market for initial public offerings of fashion issues continues to stay decidedly cool.

Making news this summer was Goldman, Sachs &…

clock September 19, 1994Thomas J. Ryan


Mercantile Says It’s Negotiating with a Suitor

NEW YORK — The acquisition frenzy continues.

In the latest retail development, Mercantile Stores Inc. said Friday it’s in negotiations with a third party on a possible merger or other business combination. The announcement sent the stock price…

clock September 12, 1994David Moin and Thomas J. Ryan


Guess Operating Net Down 11.5% in Second Quarter

NEW YORK — Hurt by lower gross margins, Guess Inc.’s operating profits declined 11.5 percent in the second quarter ended June 26, to $20.8 million from $23.5 million.

Gross margins for the Los Angeles-based apparel firm declined to 45.6…

clock September 1, 1994Thomas J. Ryan


New Issues Short of Targets as IPO Market Cools

NEW YORK — The hot initial public offering market has clearly cooled, but a number of fashion firms continue to tap the market.

New issues are generally coming in below their IPO price targets and are not performing as well out of the gate,…

clock June 27, 1994Thomas J. Ryan


Marisa Christina Stock Hits OTC Market at $13 a Share

NEW YORK — Marisa Christina Inc., which went public Wednesday at $13 a share, closed unchanged Thursday, its first day of trading on the over-the-counter market.

Christina, a manufacturer of better women’s apparel and children’s wear, raised…

clock June 24, 1994Thomas J. Ryan and Carol Emert


Wall St. Sees Fashion Pumping 2nd-Half Gains

NEW YORK — Despite sluggish retail apparel business in April and May, Wall Street analysts expect to see moderate gains in the second half, driven by clearer fashion trends.

“I don’t think we’re going to see apparel sales rocketing off, but…

clock June 21, 1994Thomas J. Ryan


St. John Knits Lays Out its Strategies for Maintaining Growth Rate at 20%

NEW YORK — St. John Knits plans to stay on a steady 20 percent annual growth track by increasing space with its main retail customers and opening new retail stores. Two new stores are set for this year.

Robert E. Gray, chairman and chief…

clock June 9, 1994Thomas J. Ryan

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