FinancialNews

Financial Roundup: Abercrombie Comps up on Hollister; Gap Rides Athleta, Old Navy to Sales Gains

Abercrombie & Fitch continues to rely on Hollister gains, while positioning the Abercrombie brand for similar success. Gap sales up on Athleta, Old Navy performance.

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FinancialNews

Financial Roundup: Bon-Ton to Close 40 Stores, Walmart E-com Surges, L Brands Comps Dip

The Bon-Ton gets more aggressive with its turnaround initiatives, including store closures, Walmart sees U.S. traffic and comps rise, and L Brands rejiggers Victoria's Secret assortment to re-engage shoppers.

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Financial Roundup: TJX Income Rises on Openings, Target Earnings Slip on Price Pressures and Lenzing Scores With Specialty Fibers

Off-price giant TJX pushed past aggressive store expansion plan, Target earnings miss their mark on soft pricing and Lenzing spins solid results on specialty fiber growth.

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Financial Roundup: Macy’s Net Jumps, Kohl’s Income Falls and M&S to Shrink Apparel Space

Macy's sees improved performance as gross margin rose and e-commerce gained, Kohl's sales hit by hurricanes and Marks & Spencer accelerates transformation plans, including reducing home and clothing floor space.

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Financial Roundup: Michael Kors Takes Steps With Jimmy Choo as Tapestry Does With Kate Spade, Primark Cites Multichannel Growth

Michael Kors sees a $1 billion brand for Jimmy Choo, Tapestry integrating Kate Spade, and Primark grows in the U.K. and beyond.

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Financial Roundup: Gildan Grows American Apparel, Ralph Lauren Finds Way Forward, Carter’s Rides Out Storms, Alibaba Soars

American Apparel is boosting Gildan, Ralph Lauren's transformation sees early results, Carter's stays ahead despite hurricane impact and Alibaba's bottom and top lines score major gains.

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Amazon Sales Jump 34 Percent On Heels of Logistics Launches and Whole Foods Digestion

Amazon, which announced two initiatives this week to improve speed to market and package security, posted a strong sales gain in the thid quarter, while income improved slightly.

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Financial Roundup: Columbia Sportswear Connecting, Debenham’s Redesigning and Luxury Leads Kering

Columbia Sportswear is taking strides to reconnect with consumers, Debenham's redesign strategy is in full gear and Kering plows along with strong third-quarter results.

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