May 17, 2008
May 15, 2008
Macy's Inc. took it on the chin in the first quarter of 2008, posting a loss of $59 million, or 14 cents a share, and citing weak sales in women's, the difficult economy and consolidation costs.
May 15, 2008
The Express specialty store chain has taken exception to Wal-Mart Stores Inc.'s "Express for Less" ad campaign and sued the retail behemoth for trademark infringement and unfair competition.
Thursday, May 15, 2008
Rising food costs drove prices up on consumer goods, but women's retail apparel prices were flat in April compared with the previous month and dropped 4.3 percent versus a year ago......more
IT Holding SpA reported a 13.1 percent drop in first-quarter earnings, but said roughly flat revenues for the period did not reflect double-digit increases in sales of the spring and summer collections....more
Benetton reported Wednesday that net profits rose 8.6 percent to 29 million euros, or $40.3 million, on a 3.4 percent hike in sales in the first quarter....more
Tod's SpA on Wednesday reported an 8 percent gain in first-quarter operating profits, following revenue growth across all brands, particularly Hogan....more
Things are looking up for Italian fashion group Aeffe SpA....more
The U.S. has retained its status as the world's most competitive economy despite the credit crunch and the sharp economic downturn, a new global survey said....more
A difficult economy isn't putting a damper on Gucci's global retail expansion. ...more
