Financial News: Page 189


  • The arms of a person wearing a striped shirt can be seen taking an envelope out of a box filled with clothes.
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    Courtesy of Stitch Fix
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    Stitch Fix active client count rises 22%

    Company executive Meredith Dunn is also leaving, and the retailer disappointed Wall Street with smaller active client growth.

    By Dec. 11, 2018
  • Exterior of a DSW store.
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    "DSW" by Mike Mozart is licensed under CC BY 2.0
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    DSW's new loyalty program stoking sales

    The footwear retailer is being underestimated, according to analysts.

    By Dec. 11, 2018
  • Amazon to charge third-party sellers for safety violations

    The new fines are aimed at merchandise sold by third parties but shipped by Amazon after an uptick in safety incidents involving third-party sellers.

    By Emma Cosgrove • Dec. 11, 2018
  • WSJ: Under Armour fires 2 execs after internal review

    Unnamed sources told the Journal the executives were in CEO Kevin Plank's "inner circle" and spent marketing funds on gifts for athletes and nights out.

    By Dec. 11, 2018
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    "Justice" by Corey Coyle is licensed under CC BY 3.0
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    Ascena's Justice brand posts 12% comps rise

    But a turnaround planned for the conglomerate's plus-size Lane Bryant retailer could prove difficult in an era of inclusive sizing at mainstream rivals.

    By Dec. 11, 2018
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    Montgomery County Planning Commission
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    Neiman Marcus countersues Marble Ridge

    In a recent lawsuit alleging the "fraudulent transfer" of MyTheresa, the debtholder paints a picture of a retailer teetering on the brink of bankruptcy. Neiman fired back Friday at what it claims are "false statements."

    By Updated Dec. 17, 2018
  • Calvin Klein adopts digital-first approach, leaving print ads behind

    The brand plans to post more frequently on its social media platforms, work with more micro-influencers and host local activations.

    By Erica Sweeney • Dec. 11, 2018
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    Robb McCormick Photography
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    Do Shinola hotels have room to grow?

    The watch brand enters the hospitality space with a new Detroit hotel opening in 2019.

    By Lara Ewen • Dec. 10, 2018
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    Marcin Kempa via Unsplash
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    Small-format stores and rising rents are reshaping urban retail

    The 11 North American cities looked at by commercial real estate firm JLL are hardly typical, but they do serve as barometers, according to a new report.

    By Dec. 10, 2018
  • Michaels boosts top line as tariffs loom

    But the retailer isn't benefiting much from growing spending on arts and crafts, and operating income took a hit in the third quarter.

    By Dec. 10, 2018
  • Foot Locker, Skechers among lowest-scoring brands on forced labor

    Apparel supply chains are known for being opaque and complex, requiring brands to have insight and visibility into their suppliers' operations. 

    By Emma Cosgrove • Dec. 7, 2018
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    Retrieved from Walmart on December 07, 2018
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    Walmart debuts tech accessories private label, Motile

    The line appears to be a competitive move against Target's tech accessories private label, Heyday, which rolled out this summer.  

    By Dec. 7, 2018
  • Lululemon storefront in New York
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    Cara Salpini/Retail Dive
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    Lululemon expands test for 1st loyalty program

    An annual membership for the pilot currently costs $128, though the company noted plans to increase the cost before rolling it out further.

    By Dec. 7, 2018
  • CNBC: Untuckit seeks deal topping $600M valuation

    The men's shirt company is in growth mode and has tapped Morgan Stanley in its quest for more funding.

    By Dec. 7, 2018
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    Retrieved from Walmart on December 07, 2018
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    Walmart adds Art.com to stable of digital-first brands

    The big-box retailer said it sees wall decor, a $10 billion market, as key to winning the home category.

    By Dec. 7, 2018
  • Nine West asks court for $22M amid ongoing lender strife

    Objections from lenders have left the footwear and apparel company with a longer bankruptcy timeline and the need for additional financing.

    By Dec. 7, 2018
  • Ulta storefront
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    Courtesy of Ulta
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    Ulta slows openings on 'increased confidence' in stores

    Since 2012, the beauty retailer has opened over 100 stores per year, but strong performance has led Ulta to pull back on the growth of its footprint.

    By Dec. 7, 2018
  • Bloomberg: Shopko mulling bankruptcy filing

    Efforts to shop itself around are failing to pan out for the private equity-owned rural chain.

    By Dec. 7, 2018
  • Glossier showroom in New York
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    Cara Salpini/Retail Dive
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    Glossier president and CFO prepares to leave company

    The company's long-time president announced he will leave the company to found his own business, following other executives out the door.

    By Dec. 6, 2018
  • Neiman Marcus sales slowly build as debt refinancing talks reset

    Tensions rise as at least one debtholder alleges the company has engaged in "deceptive and misleading conduct" with the transfer of its MyTheresa e-commerce business.

    By Dec. 6, 2018
  • The Children's Place shifts to omnichannel, digital to reach millennial moms

    The company sees an opportunity to grab market share in kidswear beyond taking advantage of struggling rivals like Gymboree and Sears.

    By Dec. 6, 2018
  • G-III Apparel Group Q3 growth fueled by wholesale

    Its troubled retail sales are "not a secret" and the company is working to close underperforming stores, according to CEO Morris Goldfarb.

    By Dec. 6, 2018
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    Dakine
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    Marquee snaps up Dakine

    The surf-bike-ski company is the kind of niche brand consumers are gravitating to, and there's plenty of runway for growth. 

    By Dec. 6, 2018
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    Getty Images
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    Bloomberg: Sears hires real estate firm to shop stores around

    The move could complicate Sears Holdings Chairman Eddie Lampert's $4.6 billion bid to buy the business and keep stores open.

    By Updated Dec. 12, 2018
  • Gymboree to shutter Crazy 8 stores amid 'strategic review'

    Just over a year after exiting Chapter 11, the children's retailer is re-examining its brick-and-mortar footprint and considering a sale of its brands.

    By Dec. 5, 2018