FinancialNews

Holiday Performance Pushes Outlooks up For Some, Fails to Move the Needle for Others

Kohl’s, Lululemon and The Children’s Place all reported updated outlooks based on strong holidays. Despite strong a performance, J.C. Penney holds firm on its previously stated guidance long with Destination XL and Ascena.

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FinancialNews

Textile Sector Boosts Applied DNA Revenues, as Stock Offering Raises $4.2 Million

Applied DNA Sciences saw revenues increase 13 percent to $4.8 million in the fiscal year ended Sept. 30. The company attributed the increase to growth in product revenue of about $1.4 million in the textile industry, primarily for protecting cotton supply chains.

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FinancialNews

Hudson’s Bay Losses Widen on Transformation Missteps, American Eagle Soars on Jeans and Aerie

Hudson's Bay struggles after deep cuts hamper its digital efforts while American Eagle sees traffic and transactions continue to improve for the quarter.

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FinancialNews

Financial Roundup: Ascena Income Plummets, Tommy Hilfiger Bolsters G-III and Land’s End Posts Positive Income

Ascena disappoints with apparel that misses the mark, G-III rides high on blockbuster brands and Land's End gains traction through strategic initiatives.

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FinancialNews

Financial Roundup: PVH Earnings Soar on National Brands, Sears Holdings Narrows Losses, Express Rides High On Digital Business

Tommy Hilfiger and Calvin Klein propel PVH beyond expectations, Sears Holdings suffers sales declines on store closures and Express continues to invest in digital as e-commerce outperforms.

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