Carter´s news and archive

Carter’s FY net sales up by 21%

The largest American retailer for babies and young kids reported fourth quarter net sales of USD607 million, with a EPS of 0.59 dollar per share, while its adjusted EPS (USD0.63) went up by 5%. “In the fourth quarter, we achieved sales growth in every segment of our business, which reflects the strength of our brands and compelling value they...

Fashion

Carter's acquires Canadian Bonnie Togs for $98 million

Carter's, the largest branded marketer in the US of infant apparel, reported Wednesday that it has acquired Toronto-based children's clothing and accessory company Bonnie Togs in a deal valued at up to $98 million, aimed to expand in international markets. "The acquisition of Bonnie Togs is an important component of our long-term strategy to...