Edinburgh Woollen Mill (EWM) Group’s Jaeger and Peacocks chains have fallen into administration. Tony Wright and Alastair Massey, partners at advisory firm FRP, were appointed joint administrators on Thursday following efforts by management to secure a solvent sale of both businesses. London-based Jaeger […]

UK fashion chains Peacocks and Jaeger have gone into administration, their owners announced on Thursday, putting 4,700 jobs at nearly 500 shops under threat. Parent company the EWM group, which had been searching for a buyer, said administrators had been appointed, although no redundancies or store […]

For the period between July 1 to September 30, 2020, Björn Borg AB said, the group’s net sales decreased 2.5 percent to 224.9 million Swedish krona compared to 230.6 million Swedish krona for the same period in the previous year. Excluding currency effects, the company said, sales decreased 0.1 percent. […]

Caleres, in its third quarter trading report said that the company’s net sales for the quarter were 647.5 million dollars, down 18.3 percent, while direct-to-consumer sales represented 71.4 percent of total net sales. The company added that there was a 12.3 percent sales decline in the Famous Footwear […]

Ross Stores, Inc. reported earnings of 37 cents per share versus 1.03 dollars per share for the third quarter ended November 2, 2019. The company said, net income was 131 million dollars compared to 371 million dollars in the prior year period. Third quarter sales declined 2 percent to 3.8 billion dollars, […]

Tommy Hilfiger, owned by PVH Corp. has appointed Avery Baker as President and Chief Brand Officer, effective November 17, 2020. In the newly established role, the company said in a statement, Baker has global responsibility for the brand’s products, marketing and experiences across all categories, regions […]

Forget NAFTA, ASEAN and the European Union. The world’s biggest trading block, an agreement that came in to force on Thursday after eights years of negotiations, comprises of 15 countries in Asia Pacific. Called the Regional Comprehensive Economic Partnership (RCEP), it is made up of 10 Southeast Asian […]

The Children’s Place, Inc. said, net sales decreased 19 percent to 425.6 million dollars in the three months ended October 31, 2020, primarily as a result of a decrease in back-to-school sales due to schools adopting remote and hybrid learning models, along with the impact of permanent and temporary […]

The Cato Corporation has reported a net loss of 3.6 million dollars or loss of 15 cents per diluted share for the third quarter ended October 31, 2020, compared to net income of 6 million dollars or 24 cents per diluted share for the third quarter ended November 2, 2019. The company said in a statement […]

Macy’s, Inc. reported third quarter net sales of 3,990 million dollars compared to 5,173 million dollars in the third quarter of 2019. Comparable sales were down 21 percent on an owned basis and down 20.2 percent on an owned plus licensed basis, due to continued stores recovery and continued growth […]

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