More From Matthew Lynch
Gildan’s Q1 Profits, Sales Drop
Bests estimates but withdraws guidance, hit by S&P downgrade.
Fortunoff Liquidation Deal Near
Seven companies await final court approval for GOB sales liquidating Fortunoff's stores and inventory.
Retail Stocks Dive 3.4 Percent Monday
The S&P Retail Index declined, while the Dow hit a 12-year low.
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Earnings Season to Test Retail Stock Lows
Where is the bottom for retail stocks as the broader market sinks deeper into a six-year low?
Cartier Sues QVC Over Watch Design
French jeweler Cartier has accused QVC Inc. of selling watches that infringe on several of the company’s…
Abercrombie & Fitch Profits Fall
68 percent decline beats analysts' expectations.
Jury Awards Garment Workers $600K in Key Case
In a decision 10 years in the making, a jury awarded 25 garment workers almost $600,000 for Liberty Apparel…
Retail Shares Sink Tuesday, Wal-Mart Cuts Jobs
Retail stocks drop on uncertain impact of stimulus package and hazy new Treasury plan.
Fired CFO Sues Coty
A fired chief financial officer of Coty Inc. has sued the company, accusing it of defrauding him of millions…
Tandy Brands in the Black in 2nd Qtr.
The absence of write-downs helped Tandy Brands Accessories Inc. swing to a profit in its second quarter, but…
Iconix Sues Rampage Founder Hansel
Iconix seeks $2.5M in damages for alleged violation of non-compete provisions.
G-III Cuts Exec Pay, 401(k) Match
G-III said it reduced the base salary of Morris Goldfarb, chief executive officer, and other top execs by 20…
Hanesbrands Fourth Quarter Net Falls
Hanesbrands Inc. said restructuring charges and a broad-based drop in sales contributed to a reduction in…
Simon Recasts Quarterly Dividend
The nation’s largest mall operator registered higher fourth-quarter funds.
Under Armour Profits Fall
Under Armour Inc.’s fourth-quarter profits fall, but it still met Wall Street’s diminished…