Latest news:
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BUSINESS NEWS: Target to cut prices despite low earnings (Courier-Post)
Wed, 19 Nov 2008 08:26:06 GMT
Target Corp. said it will aggressively cut prices to give consumers bargains during the holiday season, after weak sales of its apparel and home offerings led third-quarter earnings to fall 24 percent.
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I Want My American Apparel Ads! (Free Times)
Tue, 18 Nov 2008 21:24:39 GMT
A rave for the girls at XXXX that were making out with each other for at least a half hour [on] Halloween night. Best Halloween I ever had! Thank you girls!
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Hanesbrands will cut 155 W-S jobs (BizJournals)
Tue, 18 Nov 2008 22:52:40 GMT
Apparel maker Hanesbrands Inc. announced Tuesday that it will eliminate about 155 jobs in Winston-Salem to cut costs in a tough economic environment. (HBI)
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Hanesbrands to cut 400 jobs and close yarn plant (AP via Yahoo! Finance)
Tue, 18 Nov 2008 23:56:37 GMT
Apparel maker Hanesbrands Inc. said Tuesday it will cut about 400 jobs and close a yarn production plant to save money, citing the difficult economic climate.
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Tween Brands hit low ahead of earnings report (AP via Yahoo! Finance)
Tue, 18 Nov 2008 20:01:04 GMT
Shares of Tween Brands Inc. hit a new all-time low on Tuesday, a day before the teen apparel retailer reports likely weak third-quarter earnings.
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Steven Madden, Revman to sell bed, bath items (AP via Yahoo! Finance)
Tue, 18 Nov 2008 13:02:13 GMT
Shoe, accessory and apparel maker Steven Madden Ltd. said Tuesday it signed a licensing agreement to allow Revman International Inc. to design, make and sell a collection of bedding and bath products under the Steven Madden name.
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The 2008 Edition of the Global Intimate Apparel Market is Now Available (Business Wire via Yahoo! Finance)
Tue, 18 Nov 2008 17:38:00 GMT
DUBLIN, Ireland----Research and Markets has announced the addition of the "Global Intimate Apparel Market: 2008 Edition" report to their offering.
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Which clothing Web sites work (The Morning Call)
Tue, 18 Nov 2008 12:14:02 GMT
Most people still buy clothes in actual stores, but the tide might be turning. According to the editors of Consumer Reports, last year Americans ordered more apparel, accessories and shoes online -- almost $23 billion worth -- than any other category of merchandise, even computers and other electronics.
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Overseas sales could boost Burberry (Financial Times)
Tue, 18 Nov 2008 08:59:48 GMT
The canard that luxury goods companies are immune from an economic downturn appears to have had its day. When Burberry reports first-half results on Tuesday, the UK retailer and producer of high-end handbags, shoes and apparel will be scrutinised for signs its customers are scaling back their purchases.
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Target plans price cuts despite lower earnings (Baltimore Sun)
Tue, 18 Nov 2008 08:31:31 GMT
NEW YORK Target Corp. said yesterday it will cut prices during the holiday season, even as weak sales of its apparel and home offerings led third-quarter earnings to fall 24 percent. The discount retailer also said sales in established stores have been weak this month, and if that persists, it expects fourth-quarter earnings below analyst expectations. The company has fared worse than its chief ...