financial
JCP CEO Mike Ullman to Receive Big Raise in 2014
J.C. Penney (JCP) Chief Executive Myron Ullman is slated to receive a generous salary increase this year, a…
Retail Sales Edge Up 1% in February, Apparel Sales Fall
February retail sales recovered a bit from their January deep freeze despite continued frigid weather and…
Apparel Inflation Flat in January
Consumers paid higher prices for many things in January, but apparel was not one of them. January’s consumer…
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N Brown Demands Rebate from Suppliers to Fuel its “Ambitious Growth”
One way to raise capital for future growth is to simply demand it from your suppliers, apparently the…
JCP Shares at 52-Week Low; Investors Head for Exit
J.C.Penney’s (JCP) chronic underperformance has rattled increasingly anxious investors, sending the…
Lululemon Struck By Another Yoga Pants Debacle
Now comes new complaints about the recently reengineered and re-manufactured pants, which were supposed to…
A.B.S. Declines Renewal Offer from JCP
Embattled retailer JC Penney’s (JCP) already depressing week just got worse. After a welter of rumors the…
Industry Players Optimistic about Neiman Marcus Sale
Industry executives are optimistic about the Neiman Marcus sale and what it will mean for the department…
Bangladesh Minister Calls for Lower Interest Rates
If Bangladesh is to remain competitive in the global textiles market, they’ll have to get their current…