Women’s Wear Daily
04.16.2014

Financial

Retail

Financial

house of fraser, earnings, department store, john king, sanpower, nanjing cenbest

House of Fraser Profits Climb for Fiscal Year

Online sales, excluding VAT, rose 41 percent in the period, and represented 12.2 percent of overall sales.

Apparel Prices Rise

Prices rebounded somewhat in March, following two months of declines.

DSW Set to Acquire Stake in Canadian Chain

Firm agrees to buy 44% of Town Shoes for about $62 million.

ICSC Sees Soft Trend for Department, Apparel Stores in Week

Overall, year-on-year sales rise 2.3% while sequential sales off 0.3%.

H&M Sales Rise 13% in March

Swedish retailer continues to invest heavily in its store network.

Retail Sales Gain in March

Discount, apparel, accessories stores all post gains.

Storefront Raises $7.3M in Series A Round

The site connects merchants with retail space.

Coldwater Creek Files Bankruptcy Petition

The women’s specialty chain on Friday said it will liquidate.

Kurt Geiger Completes Management Buyout

Sycamore Partners, which acquired Kurt Geiger’s former parent The Jones Group this week, has financially supported the deal.

Fast Retailing Shares Tank in Tokyo

The shares took a dive a day after the company reported disappointing first-half numbers and issued a profit warning for the full-year.

March Sales Hit by Calendar Shift

Stores focused on combination of March and April results.

Carrefour Q1 Sales Slip 3.7%

The retailer said business was impacted by a combination of a currency effect, a lag in the Easter holiday this year and a drop in petrol prices.

Fast Retailing Cuts FY Profit Forecast

Net profit for the first half fell 1.4 percent and the company warned it will face tougher conditions in the second part of the year.

Gap CEO Glenn Murphy Compensation Falls

Cash bonus drops 40%, to $2.7 million, as stock options down 22.3% to $14.2 million.

Belk's Net Income Down 15.9%

Big investments in technology and lower margins pushed the company's net income down from last year.

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