REPORT Urban Outfitters has announced record net sales for the two months ended December 31, 2014. Total company net sales for the two months increased to 785 million dollars or 10 percent over the same period last year. Comparable retail segment net sales, which include comparable direct-to-consumer […]

REPORT Aeropostale total net sales for the nine-week period ended January 3, 2015 decreased 11 percent to 507.8 million dollars, from 572 million dollars for the nine-week period ended January 4, 2014. Comparable sales, including the e-commerce channel decreased 9 percent compared to a 15 percent decrease […]

Teen clothing retailer American Eagle Outfitters on Thursday raised its earnings outlook for the fourth quarter on improved margins and also reported a 1 percent increase in revenue for the nine-week period ended January 3, 2015. Jay Schottenstein, Interim CEO of American Eagle said, "I am pleased with […]

Following in the footsteps of troubled teen retailer Wet Seal, Sports Direct is reportedly preparing to shut down a third of its USC stores, endangering hundred of jobs at the apparel retailer. The company's directors, who are led by Dave Forsey, Sports Direct chief executive, filed a notice of intention […]

REPORTThe Children's Place expects to achieve results in the upper end of the guidance range for both fourth quarter fiscal 2014 comparable retail sales, previously guided to increase low single digits, and adjusted net income per diluted share, previously guided to be between 0.83 dollars and 0.93 […]

REPORT The Cato Corporation reported sales for the five weeks ended January 3, 2015 of 109.2 million dollars, a 9 percent increase from sales of 100.1 million dollars for the five weeks ended January 4, 2014. Same-store sales for the month increased 6 percent. Sales for the eleven months ended January […]

Struggling fashion retailer Wet Seal is believed to be slipping closer to a bankruptcy following the closure of 338 stores and the discharge of nearly 3,700 full and part time employees on Wednesday. The store closures came about after "assessing its overall financial condition" and its inability to […]

ANALYSIS "With the first retail administration of 2015 hitting right at the start of the vital January sales period, I expect we’ll see more high profile casualties emerge before the month is up, “warns retail expert at Begbies Traynor, Julie Palmer. As reported by the ‘Manchester Evening News’, retail […]

ANALYSIS Shares in online fashion retailer Boohoo dived more than 40 percent after it issued a profit warning. The online fashion retailer dived sharply in the London Stock Exchange after it said full-year earnings were set to be "below current market expectations" after it was hit by fierce price competition […]

REPORT The Fast Retailing Group has reported increase in both revenue and profit during the first quarter of fiscal year 2015 spanning September 1 to November 30, 2014. Consolidated revenue totaled 479.5 billion Chinese Yuan (77.1 billion dollars), rising over 23.3 percent year-on-year with consolidated […]

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