Supermodel Gets Naked For Movie; The Kaiser Said To Be Leaving Chanel [Rag Trade]
Karl Lagerfeld, Olivier Theyskens, and Alber Elbaz are rumored to be doing a grand fashion switcheroo. According to fashion writer Diane Pernet, Lagerfeld hasn't renewed his contract at Chanel, and Elbaz, of Lanvin, is going to take his place.
The Economy Today: Stimulus Naughts
In national headlines, state revenues are being buffeted by the economic downturn. The information comes from a new report by the National Conference of State Legislatures, which, The New York Times states, ?also provided a scorecard for how well
The Scented Opera Smells Out
A high-falutin' opera from the man who brought us Ralph Lauren Polo Blue and Abercrombie & Fitch Fierce? That's right!
Earlier this week, Christophe Laudamiel, one of the industry's top perfumers (or "noses," as us perfumistas call them), completed the
Analyst Admits Goof On Abercrombie While Another Takes Victory Lap
News and commentary about the stocks you need to know about today
The shelf life on optimism of struggling retailer Abercrombie & Fitch (ANF): call it three days. No more.
The softgoods retail analyst at FBR Capital cashiered the constructive
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Retailers report May sales declines
NEW YORK Many U.S. retailers said same-store sales fell in May, as expected, as shoppers continue to spend cautiously, focusing on bargains and food.
The declines came in largely in line with analyst expectations, with frequent standouts such as The
Jim Mueller: The Best Opportunity This Decade
Over the past 60 years, the United States has seen and survived 10 recessions (not including the one we are in at present, 19 months and counting). From the shortest one -- six months in 1980 -- to the two monster ones that spanned 1973-1975 and 1981-19
Abercrombie sales keep sliding
The new culture of thrift continued to pummel Abercrombie & Fitch in May, as the New Albany-based apparel company's sales again performed worse than analysts had expected.
Abercrombie reported yesterday that comparable-store sales decreased 28 percent
BoF Daily Digest | Abercrombie shares tumble, Retail sales fall, Safilo open to bids, Giancarlo di Risio to step down
Abercrombie & Fitch shares drop sharply (AP)
?Shares of Abercrombie & Fitch Co. tumbled Thursday after the teen retailer posted a bigger-then-expected drop in same-store sales for May. Its stock shed $3.56, or 11.3 percent, to $28.12 in midday trading.?
Retail sales decline in May
...performers, with low-price stores doing the best. The Buckle and Aeropostale both reported double-digit increases. However, Abercrombie & Fitch -- which has kept prices high despite competitors' markdowns -- said same-store sales plummeted 28 percent. Analysts...
