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Women Held 16% of Large Company CFO Jobs in 2022
And other compelling data points from the annual Crist Kolder Volatility report on executive jobs.
By
Vincent Ryan
| February 1, 2023
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Financial Performance
Gap Blunts Covid Impact With E-Commerce Surge
"We nearly doubled our e-commerce business, with approximately 50% online penetration, demonstrating our ability to pivot to a digitally-led culture."
By
Matthew Heller
| August 28, 2020
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Credit & Capital
Men’s Wearhouse Owner Files for Bankruptcy
Tailored Brands is the latest of more than 20 private and public retailers to have declared bankruptcy this year.
By
Matthew Heller
| August 3, 2020
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Financial Performance
Shopping Shifts Squeeze Target Profit in Q1
The retailer's sales jumped 11.3% but margins were pressured as consumers switched to e-commerce amid the coronavirus crisis.
By
Matthew Heller
| May 20, 2020
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Strategy
Ascena Retail to Close All Dressbarn Stores
"The decision was difficult, but necessary, as the Dressbarn chain has not been operating at an acceptable level of profitability."
By
Matthew Heller
| May 21, 2019
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Financial Performance
Nike Shares Fall 4% Despite Q3 Earnings Beat
The company reported weaker-than-expected revenue growth in North America but online sales topped $1 billion for the first time.
By
Matthew Heller
| March 22, 2019
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Strategy
Gap to Spin off Old Navy, Keep Specialty Brands
"It’s clear that Old Navy’s business model and customers have increasingly diverged from our specialty brands over time."
By
Matthew Heller
| March 1, 2019
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Financial Performance
Gap’s Namesake Brand Weighs on Comp Sales
The retailer plans to focus on the "healthy core" of Gap specialty stores while exiting "those that do not fit the future vision quickly.”
By
Matthew Heller
| November 21, 2018
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M&A
Perry Ellis Ends Takeover Talks With Randa
The apparent demise of Randa's $460 million proposal clears the way for Perry Ellis to be taken private by founder George Feldenkreis.
By
Matthew Heller
| August 14, 2018
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Strategy
VF to Drop Denim Brands in Spinoff Move
The decision to spin off Wrangler and Lee into a separate company reflects VF's strategy of focusing on active-lifestyle brands such as The North Face.
By
Matthew Heller
| August 13, 2018
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Financial Performance
Overseas Sales Fuel Under Armour Q2 Beat
"We are making progress toward our transformation of running a more operationally excellent company while amplifying the power of the Under Armour brand."
By
Matthew Heller
| July 26, 2018
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Financial Performance
Under Armour Woes Drag Down Dick’s Sales
The sporting goods retailer attributes the 2% drop in Q4 same-store sales to "significant weakness in the Under Armour brand."
By
Matthew Heller
| March 13, 2018
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Turnarounds
Macy’s Ends Same-Store Sales Losing Streak
Comparable sales rose 1.3% in Q4 as the retailer's renewed emphasis on apparel helped bring in more shoppers and persuaded them to spend more.
By
Matthew Heller
| February 27, 2018
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Financial Performance
Under Armour Rebounds With 5% Sales Jump
After a tough Q3, a 47% surge in international sales helped revenue beat estimates in Q4 but North America showed another decline.
By
Matthew Heller
| February 13, 2018
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Financial Performance
Lululemon Beats Estimates, Comp Sales up 8%
"While other players in the sports and athleisure market struggle, Lululemon continues to go from strength to strength."
By
Matthew Heller
| December 7, 2017
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Financial Performance
Lands’ End Swings to Profit, Shares Climb 12%
The retailer's same-store sales fell 1.3% but it says the momentum from Q3 carried through to the Thanksgiving holiday period.
By
Matthew Heller
| December 5, 2017
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