clothing retailers Archives - CFO

VF Corp. to Buy Supreme for $2.1B

VF Corp. to Buy Supreme for $2.1B

The parent company of Vans and The North Face said that the deal would accelerate its digital business model transformation.

By Lauren Muskett | November 10, 2020

Gap’s Credit Rating Downgraded to Junk

Gap’s Credit Rating Downgraded to Junk

Fitch Ratings expresses doubts about Gap's cost-cutting strategy, saying earnings will fall this year even with $100 million in expense reduction.

By Katie Kuehner-Hebert | May 11, 2016

Aéropostale Files Chapter 11, Blames PE Firm

Aéropostale Files Chapter 11, Blames PE Firm

CFO David Dick says Sycamore Partners "used its leverage" over one of the retailer's suppliers to precipitate the bankruptcy.

By Matthew Heller | May 4, 2016

Charney Group Offers $300M for American Apparel

Charney Group Offers $300M for American Apparel

The former CEO and his investors say the offer is superior to the company's reorganization plan, setting up a possible bankruptcy court showdown.

By Katie Kuehner-Hebert | January 11, 2016

Jos. A Bank Deal Backfires on Men’s Wearhouse

Jos. A Bank Deal Backfires on Men’s Wearhouse

Men's Wearhouse's missteps contributed to a 14% drop in same-store sales at Jos. A Bank for the third quarter, Fortune says.

By Katie Kuehner-Hebert | December 11, 2015

Gap Profit Falls Amid Revamp of Flagship Brand

The retailer's new CEO is still confident his strategy to fix the Gap stores will improve financial performance.

By Katie Kuehner-Hebert | August 21, 2015

Ascena Targets Working Women With $2B Deal

Ascena Targets Working Women With $2B Deal

Owner of Lane Bryant adds Ann Taylor and Loft brands, creating a firm with more than 4,900 stores.

By Katie Kuehner-Hebert | May 18, 2015