Global Textile Fashion Apparel Garments updates
Posts tagged sales
Coupons & Sales: Week of 10/12/11
Oct 21st
Written by Zephyr – CF Editor
Aeropostale is offering $25 off your purchase of $100 or more with code OCT25AERO through 10/14.
Alloy will give you 20% off any order with code APR2.
ASOS is offering 10% off all sale items through Tuesday, 10/16 with code MEGA10. Offer is valid on sale items More >
Coupons & Sales: Week of 10/19/12
Oct 21st
Written by Zephyr – CF Editor
Aeropostale is offering an extra 30% off clearance items with code 30OFFOCT through 10/21.
Alloy.com will give you 20% off any order with code APR2.
Banana Republic has the following offer: Shop BananaRepublic.com and save 25% off your purchase or save 30% off when you use your More >
Ted Baker sales boosted by international expansion
Oct 16th
LONDON – British designer clothing brand Ted Baker (TED.L) reported a 15 percent rise in first-half revenue, helped by strong sales in the United States as it seeks to grow out of a sluggish European market.
Ted Baker store in Beijing / Foto: Beijing
Many European retailers have struggled as household More >
Armani gains direct control of UK sales business
Oct 16th
MILAN – Fashion designer Giorgio Armani is taking direct control of his sales business in Britain to improve efficiency in the retail sector, which has become a revenue-spinner for luxury makers amid economic turmoil. Giorgio Armani – SS 2013
Armani said in a statement on Tuesday he had agreed to More >
Bebe 1st-qtr sales miss estimates
Oct 16th
Women’s apparel retailer Bebe Stores Inc reported quarterly sales that missed Wall Street expectations as higher prices kept shoppers away from its stores.
The company, which sells merchandise under Bebe Sport, bbsp, 2b bebe and its namesake brand, faces an inventory glut, with a 12.5 percent increase in inventory per More >
Swatch CEO says record sales target will be a “fight”
Sep 29th
ST.-IMIER, Switzerland (Reuters) – Swatch Group (UHR.VX) will have to work hard to achieve its goal of increasing sales this year to 8 billion Swiss francs ($8.50 billion) from last year’s record high of 7 billion, its chief executive told Reuters on Thursday.
Nick Hayek, CEO
Nick Hayek, chief executive of More >
VF targets two billion dollars in sales in Asia by 2017
Sep 27th
Karl Heinz Salzburger.?VF switches into turbo gear in Asia. During a meeting in Shanghai, the U.S. group’s management announced its ambitious goals for the region.
By 2017, the company aims to reach the $2 billion sales mark versus the $900 million expected in 2012. That would work out to an More >
Adidas slashes Reebok 2015 sales target
Sep 24th
FRANKFURT, Sept 21 (Reuters) – Adidas slashed its 2015 sales target for its struggling Reebok brand to 2 billion euros ($2.6 billion) from 3 billion euros after losing a major American football contract and fraud was discovered at its Indian operation.
The German company, the world’s second-largest sports apparel company More >
JC Penney new shops shine, rest of store sales tough
Sep 23rd
J.C. Penney Co Inc’s (JCP.N) new shops within stores are doing much better than other parts of its department stores, but it is “way too early to draw conclusions” as the retailer is still rolling out the strategy, Chief Executive Ron Johnson said.
Comparable sales at the new shops within More >
ASOS maintains heady sales growth
Sep 19th
LONDON – British online fashion retailer ASOS said it would make year profit forecasts after it maintained a heady rate of sales growth in its fourth quarter, buoyed by strong trading in overseas markets such as the United States and Australia. Screenshot of Asos.com
The retailer, which targets young women looking More >
Debenhams puts rivals in shade with sales rise
Sep 18th
LONDON – Debenhams, Britain’s No. 2 department store group, showed its resilience to weak market conditions, posting an acceleration in underlying sales growth this summer when rivals, including Next, saw a drop off in trade. DebenhamsWith Britain in recession many retailers have been finding the going tough as disposable incomes More >
Coupons & Sales: Week of 9/14/12
Sep 15th
Written by Zephyr – CF Editor
Aeropostale is offering $25 off when you spend $100+ through 9/16 with code SEPT25AERO.
Alloy.com is offering up to 80% off plus free shipping using code APLAFF. Or, get 15% off any order over $75 with code 15APL.
Bloomingdales is having their Denim Days event right now! From now through More >
Target CFO: Won’t chase holiday sales “at all costs”
Sep 10th
Target Corp (TGT.N) is planning conservatively for the upcoming holiday season and could forego some sales if industry discounting gets too deep, the retailer’s chief financial officer said on Wednesday. Photo: Reuters
“We aren’t interested in driving sales at all costs,” CFO John Mulligan said in answer to a question at More >
Harry Winston profit tumbles on weak diamond sales
Sep 10th
TORONTO – Harry Winston Diamond Corp (HW.TO) reported a 52 percent drop in its quarterly profit late on Wednesday, largely due to declines in rough diamond prices and a decrease in the volume of carats sold. Visual ad: Harry Winston
The diamond miner and luxury jeweler said profit in its fiscal More >
Hermes lifts full-year sales target after strong H1
Sep 5th
French luxury goods maker Hermes on Friday slightly raised its target for annual sales growth after posting double-digit increases in revenue and profits across most of its markets for the first six months of the year. Photo: Pixel Formula
Hermes, in which the billionaire owner of rival LVMH Bernard Arnault owns More >
Genesco raises profit view on high Schuh sales
Sep 1st
Footwear and cap retailer Genesco Inc raised its profit outlook for the second time this year after strong performance at its Journeys and Schuh stores boosted quarterly sales. Photo: Genesco
Shares of Genesco, which acquired UK-based retailer Schuh in June 2011, rose as much as 4 percent in early trading.
Genesco More >
Jos A Bank results beat as online sales grow, shares up
Sep 1st
Men’s apparel and accessories retailer JoS A Bank Clothiers Inc’s quarterly results handily beat Wall Street estimates as it attracted more online shoppers. Photo: JoS A Bank
The company’s stock moved up more than 18 percent to $49.37 on the Nasdaq in early trading.
JoS A Bank, which competes with Men’s More >
Genesco raises profit view on high Schuh sales
Aug 30th
Footwear and cap retailer Genesco Inc raised its profit outlook for the second time this year after strong performance at its Journeys and Schuh stores boosted quarterly sales. Photo: Genesco
Shares of Genesco, which acquired UK-based retailer Schuh in June 2011, rose as much as 4 percent in early trading. More >
Dillard’s profit up 76 percent as sales rise
Aug 26th
Department store chain Dillard’s Inc on Wednesday reported a higher quarterly profit, helped by strong gains in same-store sales and cost savings.
The Macy’s Inc competitor posted net income of $31 million, or 63 cents per share, in the quarter ended July 28, up 76.1 percent from $17.6 million, or More >
Kohl’s expects rising sales in back-to-school quarter
Aug 26th
Kohl’s Corp reported a better-than-expected second-quarter profit on Thursday despite weak sales as the retailer reined in its costs and forecast business would improve during the back-to-school quarter. A Kohl’s department store in Glenview, Illinois, USA / Photo: Corbis
Kohl’s, which competes most directly with Macy’s Inc and J.C. Penney Co More >
Kohl’s expects rising sales in back-to-school quarter
Aug 12th
Kohl’s Corp reported a better-than-expected second-quarter profit on Thursday despite weak sales as the retailer reined in its costs and forecast business would improve during the back-to-school quarter. A Kohl’s department store in Glenview, Illinois, USA / Photo: Corbis
Kohl’s, which competes most directly with Macy’s Inc and J.C. Penney Co More >
Dillard’s profit up 76 percent as sales rise
Aug 12th
Department store chain Dillard’s Inc on Wednesday reported a higher quarterly profit, helped by strong gains in same-store sales and cost savings.
The Macy’s Inc competitor posted net income of $31 million, or 63 cents per share, in the quarter ended July 28, up 76.1 percent from $17.6 million, or More >
J.C. Penney sales slide, CEO vows to “stay the course”
Aug 12th
J.C. Penney Co Inc on Friday reported a deeper-than-expected drop in quarterly sales, leading to a big loss, in the department store chain’s second straight quarter of severe sales declines since changing its pricing strategy. Photo: J C Penney
Sales at stores open at least a year, or same-store sales, fell More >
Euro zone retail sales growth slows in June
Aug 8th
Retail sales in the euro zone came in above expectations but growth slowed sharply from the previous month, as consumers in the currency bloc struggled with the effects of the economic downturn. Photo: Corbis
Sales at stores in the 17 countries sharing the European currency rose 0.1 percent in June after More >
John Lewis sales growth held back by sun and Games
Aug 7th
Photo: John LewisJohn Lewis, Britain’s biggest department store group, said sales growth eased last week, with demand sapped by a spell of hot weather and the opening of the London 2012 Olympic Games.
The employee-owned firm said on Friday department store sales increased 6.2 percent year on year to 56.6 More >
Wet Seal reports weak July sales as new styles disappoint
Aug 7th
Photo: Wet SealWomen’s apparel retailer Wet Seal Inc reported a bigger-than-expected fall in sales at its stores open for at least a year as higher prices and new styles put off shoppers.
July same-store sales at the company fell 15.6 percent, below analysts expectations of a 14 percent decline, according More >
Adidas says merchandise sales hit $156 million
Aug 7th
Adidas has already reached its target for sales of Olympics merchandise in the UK, as fans snap up Team GB T-shirts, soccer kits and the Union flag wristbands as sported by tennis player Andy Murray. Photo: Adidas
Adidas CEO Herbert Hainer said the German group had sold around 100 million pounds More >
Adidas says merchandise sales hit $156 million
Aug 6th
Adidas has already reached its target for sales of Olympics merchandise in the UK, as fans snap up Team GB T-shirts, soccer kits and the Union flag wristbands as sported by tennis player Andy Murray. Photo: Adidas
Adidas CEO Herbert Hainer said the German group had sold around 100 million pounds More >
John Lewis sales growth held back by sun and Games
Aug 6th
Photo: John LewisJohn Lewis, Britain’s biggest department store group, said sales growth eased last week, with demand sapped by a spell of hot weather and the opening of the London 2012 Olympic Games.
The employee-owned firm said on Friday department store sales increased 6.2 percent year on year to 56.6 More >
Wet Seal reports weak July sales as new styles disappoint
Aug 6th
Photo: Wet SealWomen’s apparel retailer Wet Seal Inc reported a bigger-than-expected fall in sales at its stores open for at least a year as higher prices and new styles put off shoppers.
July same-store sales at the company fell 15.6 percent, below analysts expectations of a 14 percent decline, according More >
Next defies retail gloom with sales rise
Aug 6th
Britain’s second-biggest clothing retailer, beat its target for first-half sales growth, helped by a particularly robust performance from its Directory home shopping business as the wet summer weather encouraged shoppers to go online. Next’s Highcross Leicester store / Photo: Next
The firm, which trades from over 500 stores in the UK More >
Euro zone retail sales growth slows in June
Aug 6th
Retail sales in the euro zone came in above expectations but growth slowed sharply from the previous month, as consumers in the currency bloc struggled with the effects of the economic downturn. Photo: Corbis
Sales at stores in the 17 countries sharing the European currency rose 0.1 percent in June after More >
Coach hurt by soft sales in North America
Aug 6th
Upscale leather goods maker Coach Inc reported another quarter of slowing growth in North America, its top market, hurt by the deals it needed to offer price-conscious shoppers to get them into its outlet stores. Coach’s Madison collection / Photo: Coach
Sales at North American stores open at least a year More >
Driven by China sales, luxury goods buck economic slowdown
Aug 2nd
PARIS – Fuelled by surging demand in China, luxury goods makers are bucking the global economic slowdown and reaping huge profits on sales of high-end handbags, expensive jewellery and posh perfumes.
Results for the first-half of 2012 released this week showed major brands, including world leaders LVMH, PPR and Luxottica More >
Retail sales hit by bad weather in June
Jul 27th
Photo: CorbisRetail sales grew much less than expected in June, as wet weather hurt shoppers’ appetite for barbecue food and Queen Elizabeth’s Diamond Jubilee did not provide a hoped-for boost to spending, official data showed on Thursday.
For the second quarter as a whole – one of the wettest in More >
