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Financial

Page 6 of 196

Activist Targets Bebe

Ryan Drexler is pushing for either a sale or for the company to be taken private.

S&P Downgrades American Apparel

Corporate credit rating moved to “CCC-minus” from “CCC.”

Wanda Sets China E-commerce Venture

Developer is teaming with Tencent and Baidu.

JustFab, accessories, e-commerce, Passport Special Opportunity Fun, Matrix Partners, Technology Crossover Ventures, Shining Capital Management,

JustFab Raises $85 Million in Funding

Funds will enable the fashion and accessories e-commerce company’s expansion in Western Europe.

A&F Changes Strategy as Logos Lose Allure

Abercrombie & Fitch revealed Thursday it is moving away from the logo business, and will eventually exit the category entirely in its North American stores.

E-commerce Lifts Belk's Q2

Firm says trends strengthened as quarter ended last month.

Abercrombie Posts Gain in Q2 Profits

Sales fell in the quarter.

Guess to Trim 50 Stores From Fleet

Paul Marciano is putting the company on a diet after a disappointing second quarter and signs of continuing struggles as the second half begins.

Mobile Sales in China Propel Alibaba Q1 Earnings

In what might be the final financial report before Alibaba Group Holding Ltd. goes public, the company on said first-quarter net income nearly tripled.

Asos Shares Gain on Bid Rumors

Shares in the British online fashion retailer Asos closed up 13.3 percent to 26.59 pounds, or $44.07 Wednesday.

Express Surges, Chico's Falls on Earnings

WWD Global Stock Tracker flat for day as S&P 500 remains above 2,000.

Chico's Heavy Promotions Fail to Stop Inventory Growth

Sales, earnings miss estimates as gross margins erode; comps in August down 1 percent.

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