The troubled teen retailer has re-hired its former chief executive Julian Geiger to improve performance.
Skinny jeans have reigned supreme for years. But now a whole host of alternatives, from yoga pants to fancy sweatpants, have cropped up.
John Elliot and Aaron Lavee have managed to grow an initial investment of $30,000 into a fledgling business that’s set to generate revenues in the “seven-figure-range,” propelled by its standout basics and healthy online fanbase.
SEATTLE, United States — Nordstrom Inc., the largest U.S. luxury department-store chain, missed same-store sales estimates in the most recent quarter as the retail industry struggles to lure customers with promotions.
Macy’s Inc., the second-largest U.S. department-store company, posted earnings that trailed analysts’ estimates after discounts meant to lure shoppers eroded profit margins.
LOS ANGELES, United States — American Apparel Inc., the clothing retailer whose founder is fighting to regain control of the company, posted a preliminary second-quarter net loss of $15 million as it failed to boost sales.
NEW YORK, United States — Kate Spade & Co., the handbag maker with aspirations to be a global lifestyle brand, jumped as much as 12 percent in early trading after beating quarterly earnings estimates and raising its annual forecast.
Gap Inc. said Thursday that its sales edged up 3 percent in the second quarter as growth at Old Navy offset lower sales of the company's namesake brand.
Companies like Toms have become popular because they assuage the guilt of many in the wealthy world who buy their products, while doing little to address the root causes of poverty, argues Grant van Sant.
Lululemon Athletica Inc. founder Chip Wilson will sell half his stake in the yogawear company to private equity firm Advent International for about $845 million.
Amazon.com Inc. is giving special privileges to companies that sell their wares directly through its online store, according to a new study.