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Sales

American Apparel Sales Continue to Slip, Raises Going Concern Doubts

The Los Angeles-based clothier on Monday announced that net sales for the quarter ended June 30 had tumbled…

Survey: Back-to-School Shopping Gets a Late Start

Consumers continue to shop with a ‘buy now, wear now’ mentality. As a result, they are getting a late start…

J.C. Penney Halves Q1 Loss, Raises Full-Year Guidance

J.C. Penney C0. (JCP) announced mixed sales results for its first fiscal quarter after the close of markets…

Macy’s Earnings Suffer Double-Digit Drop on Weak Tourist Traffic, Ports Slowdown

Macy's, Inc. (M) reported disappointing sales in the first quarter, which it blamed on unseasonably cold…

H&M Global Sales Up 15% in Q1

Fast-fashion behemoth H&M experienced its fifth-straight month of double-digital growth in February…

Luxury Goods Sector Takes a Hit in Asia

July will not be remembered as a month where shoppers lavished themselves with luxury goods. Iconic…

J.C. Penney Sales Up, Share Price Soars

After nine consecutive quarters of same-store sales declines J.C. Penney posted a 6.2% increase in sales for…

H&M Sales Up, Margins Down on Fast Fashion Competition

Hennes & Mauritz AB (H&M) the EU’s second largest clothing retailer, beat analysts’ estimates for April…

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…

Severe Winter Weather Pummels January Retail Sales

Unseasonably frigid weather and severe ice and snow in much of the country appear to have put a damper on…

Chinese Garment, Textile Industry Sees Slowest Growth in a Decade

It’s been a tough year for the Chinese textile and garment industry. Challenged by increased competition…