U.S. apparel retailers Western Warehouse and Boot Town, which sell everything from Stetson cowboy hats to ostrich-skin boots, will begin going-out-of business sales at its 78 remaining stores next week, parent company BTWW said on Tuesday.
Women's apparel retailer Coldwater Creek Inc posted a narrower-than-expected quarterly loss, helped by tighter cost saving measures. The company posted a net loss of $1.3 million or 1 cent a share, compared with a loss of $6.
Charming Shoppes Inc , a retailer of women's plus-size apparel, posted a quarterly loss that was narrower than market estimates, helped by higher sales and margin in October, and forecast fourth-quarter revenue above market view, sending its shares up as much as 92 percent.
Sales of apparel, shoes and appliances fell dramatically in the first two weeks of November, as consumers worried about a recession and job losses further cut spending, MasterCard Advisors said in a report.
"Sonia Rykiel was Japanese before the Japanese, Belgian before the Belgians. She is a pioneer of conceptual fashion, one of the first modernisers," says Olivier Saillard, curator of the first retrospective of the French designer's work.
Kohl's Corp is to widen its range of discounts after Thanksgiving Day, introduce daily promotions and substantially increase its marketing spend to attract bargain-hunters, the Wall Street Journal said.