Abercrombie books loss, plans review of Ruehl unit
NEW YORK - Abercrombie & Fitch Co. reported a deeper-than-expected loss for the first quarter on Friday and said it is deciding the future of its Ruehl business, which is aimed at older shoppers than its namesake teen apparel chain.
The company, which
Kate Moss Sings, Wintour Speaks, Lagerfeld... Does Stuff [Rag Trade]
The Paris Museum, which is putting together an exhibit on the creation of the "Kate Moss myth," has postponed it due to the overwhelming body of submissions. [WWD]
The new Bjorn Borg store in SoHo may seem like an odd recession gamble, but the
Penney, Abercrombie Dull Retail Hopes; Shares Fall
Retailers J.C. Penney and Abercrombie & Fitch posted results that showed further evidence U.S. consumers were still cutting back on non-essential items, with Penney also warning profit for the year would be worse than analysts expected.
The
Abercrombie & Fitch Reports $26.8 million 1Q net loss
The financial results for the thirteen weeks ended May 2, 2009 include a net loss per basic and diluted share of $0.31, compared to net income of $62.1 million and net income per diluted share of $0.69 for the thirteen weeks ended a year earlier.
The
Abercrombie Rethinks Reuhl as Earnings Tank
The teen apparel retailer swung to a loss in the first-quarter, bogged down by lackluster sales at Ruehl and store and distribution expenses.
It's about time Abercrombie & Fitch(ANF Quote) starts to rethink its Ruehl concept. And that is
Sales Slide at J.C. Penney and Abercrombie
J.C. Penney said Friday that first-quarter profit declined 79 percent in part because of a large pension expense and that it would miss analysts? earnings estimates for the year.
The retailer, based in Plano, Tex., earned $25 million, or 11 cents a
Abercrombie & Fitch Lost $26.8 Million
Teen retailer Abercrombie & Fitch says it booked a loss in its fiscal first quarter and is beginning a strategic review of its Ruehl business, which is aimed at an older demographic.
Abercrombie & Fitch reported a deeper than expected first-quarter
NewsWatch: U.S. stock futures drift lower
MARKETWATCH FRONT PAGE
Gas prices are taking a holiday, but for how long?
Crude below $58 on prospects demand to ebb further
Stocks in focus for Friday
U.S. stock futures drifted lower Friday to wrap up a week of consolidation, as gains for insurers on
Friday's Headlines: Insurers Get TARP
Six insurers have been granted access to $22 billion from the Troubled Asset Relief Program as the government hopes to prevent the industry from getting battered further. Hartford Financial (HIG Quote), Lincoln National (LNC Quote), Allstate (ALL
The International Shopping Traveler: New Research Highlights Plans to Visit and Shop the USA in the next 12 months!
BLOOMFIELD HILLS, Mich., May 15 /PRNewswire/ -- More than 50 percent of international shopping travelers surveyed who have visited the United States in the last 12 months are likely to come again over the next year. That's good news for the U.S.
