apparel

Gap Blunts Covid Impact With E-Commerce Surge
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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Men’s Wearhouse Owner Files for Bankruptcy
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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Shopping Shifts Squeeze Target Profit in Q1
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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Ascena Retail to Close All Dressbarn Stores
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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Nike Shares Fall 4% Despite Q3 Earnings Beat
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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Gap to Spin off Old Navy, Keep Specialty Brands
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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Gap’s Namesake Brand Weighs on Comp Sales
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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Perry Ellis Ends Takeover Talks With Randa
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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VF to Drop Denim Brands in Spinoff Move
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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Overseas Sales Fuel Under Armour Q2 Beat
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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Under Armour Woes Drag Down Dick’s Sales
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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Macy’s Ends Same-Store Sales Losing Streak
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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Under Armour Rebounds With 5% Sales Jump
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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Lululemon Beats Estimates, Comp Sales up 8%
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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Lands’ End Swings to Profit, Shares Climb 12%
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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