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Financial Markets

G-III Apparel Beats 3Q Profit Forecasts

G-III Apparel Group Ltd. on Wednesday reported fiscal third-quarter earnings of $87.2 million. The results exceeded Wall Street expectations.

Financial Markets

G-III Apparel Beats 3Q Profit Forecasts

G-III Apparel Group Ltd. on Wednesday reported fiscal third-quarter earnings of $87.2 million. The results exceeded Wall Street expectations.


Retail

Teenage Wasteland: Can Wet Seal Be Saved?

At Wet Seal, new money, new leadership, old problems. Here's what chief executive Melanie Cox is doing about it.

Retail

Teenage Wasteland: Can Wet Seal Be Saved?

At Wet Seal, new money, new leadership, old problems. Here's what chief executive Melanie Cox is doing about it.


Financial Markets

Lululemon Drops After FBR Cuts Rating, Citing Heavy Discounting

Lululemon Athletica Inc. tumbled as much as 7 percent after FBR & Co. downgraded the stock, saying the yogawear brand is facing a pileup in inventory and heavier discounting.

Financial Markets

Lululemon Drops After FBR Cuts Rating, Citing Heavy Discounting

Lululemon Athletica Inc. tumbled as much as 7 percent after FBR & Co. downgraded the stock, saying the yogawear brand is facing a pileup in inventory and heavier discounting.


Financial Markets

Swatch to Start Selling Mobile Payment Watch in US in 2016

Swatch Group AG plans to start selling a timepiece that can make contactless payments in the US, Switzerland and Brazil early next year through an agreement with Visa Inc.

Financial Markets

Swatch to Start Selling Mobile Payment Watch in US in 2016

Swatch Group AG plans to start selling a timepiece that can make contactless payments in the US, Switzerland and Brazil early next year through an agreement with Visa Inc.


Financial Markets

Guess Tops 3Q Profit Forecasts

Guess Inc. on Tuesday reported fiscal third-quarter earnings of $12.4 million. The results beat Wall Street expectations.

Financial Markets

Guess Tops 3Q Profit Forecasts

Guess Inc. on Tuesday reported fiscal third-quarter earnings of $12.4 million. The results beat Wall Street expectations.


Financial Markets

Avon Shares Soar After Citigroup Points to Signs of Turnaround

Avon Products Inc.’s stock jumped as much as 28 percent, its biggest gain in more than four decades, after Citigroup Inc. raised its rating on the beleaguered cosmetics company.

Financial Markets

Avon Shares Soar After Citigroup Points to Signs of Turnaround

Avon Products Inc.’s stock jumped as much as 28 percent, its biggest gain in more than four decades, after Citigroup Inc. raised its rating on the beleaguered cosmetics company.


Financial Markets

Tiffany Profit Trails Estimates as Strong Dollar Hurt Sales

Tiffany & Co. posted third-quarter profit that trailed analysts’ estimates and cut its forecast for earnings this year as the strong dollar weighs on revenue.

Financial Markets

Tiffany Profit Trails Estimates as Strong Dollar Hurt Sales

Tiffany & Co. posted third-quarter profit that trailed analysts’ estimates and cut its forecast for earnings this year as the strong dollar weighs on revenue.


Financial Markets

Hugo Boss Says Sales Next Year Will Miss Forecast on US, China

Hugo Boss AG said sales next year will miss a long-term target of high single-digit growth as demand continues to slump in the US and China.

Financial Markets

Hugo Boss Says Sales Next Year Will Miss Forecast on US, China

Hugo Boss AG said sales next year will miss a long-term target of high single-digit growth as demand continues to slump in the US and China.


Financial Markets

Retail Stocks Rally After Ross, Foot Locker Beat Sales Estimates

Retail stocks rallied on Friday after Ross Stores Inc., Abercrombie & Fitch Co. and Foot Locker Inc. reported better-than-expected sales, giving a boost to an industry that’s been battered in recent weeks.

Financial Markets

Retail Stocks Rally After Ross, Foot Locker Beat Sales Estimates

Retail stocks rallied on Friday after Ross Stores Inc., Abercrombie & Fitch Co. and Foot Locker Inc. reported better-than-expected sales, giving a boost to an industry that’s been battered in recent weeks.


Financial Markets

Abercrombie Shares Rise After Third-Quarter Sales Top Estimates

Abercrombie & Fitch Co. soared as much as 22 percent in early trading after third-quarter revenue topped analysts’ estimates, helped by rebounding sales at its Hollister unit.

Financial Markets

Abercrombie Shares Rise After Third-Quarter Sales Top Estimates

Abercrombie & Fitch Co. soared as much as 22 percent in early trading after third-quarter revenue topped analysts’ estimates, helped by rebounding sales at its Hollister unit.


Financial Markets

Gap Cuts Annual Profit Forecast as Its Sales Continue to Slide

Gap Inc., the largest apparel-focused retailer in the US, cut its full-year profit forecast after declining sales and heavy discounting dragged down results.

Financial Markets

Gap Cuts Annual Profit Forecast as Its Sales Continue to Slide

Gap Inc., the largest apparel-focused retailer in the US, cut its full-year profit forecast after declining sales and heavy discounting dragged down results.


Financial Markets

Perry Ellis Tops 3Q Profit Forecasts

Perry Ellis International Inc. on Thursday reported fiscal third-quarter net income of $2.3 million, after reporting a loss in the same period a year earlier.

Financial Markets

Perry Ellis Tops 3Q Profit Forecasts

Perry Ellis International Inc. on Thursday reported fiscal third-quarter net income of $2.3 million, after reporting a loss in the same period a year earlier.