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Financial

Neiman Marcus, Karen Katz, earnings, renovations, Bergdorf Goodman, capital expenditures, ecommerce, e-commerce, mytheresa.com, acquisition, omnichannel

Neiman Marcus Group Boosts Capex to Update Key Stores

In the months ahead, the Dallas-based luxury retailer intends to focus on carrying out new strategies and operations.

ICSC: Retail Sales Trend Softens

Week-over-week sales decline and year-on-year pace decelerates.

neiman marcus, comps, financial, q2, retail, earnings, profit

Neiman Marcus Comps Up, But Costs Hit Bottom Line

Registers net loss in period on charges related to October acquisition.

Currency Effects Weigh on Zara

Europe’s largest clothing retailer, Inditex SA, said first-half profits fell 2.4 percent as the strong euro put a dent in its foreign revenues.

Edward Lampert Loan Stirs Fears Over Sears

The firm's stock fell to a new 52-week low after its chairman and chief executive officer loaned the retailer $400 million.

Sears Obtains $400M Loan From Edward Lampert

Entities affiliated with Sears Holdings Corp. have entered into a loan from affiliates of ESL Investments, of which Lampert is the sole stockholder.

Ann Inc. Rebuffs Latest Hedge Fund Push

Neither the investment community nor management was moved by the second push by activist investors to effect a sale of the retail chain.

H&M Sales Rise 19% in August

The Swedish fashion retailer continued to gain momentum throughout the quarter.

neiman marcus, neiman's, mytheresa, my theresa, christoph botschen, acton capital partners, susanne botschen, nmg, munich, germany, karen katz, acquisition, buyout

Neiman Marcus Acquires Mytheresa.com

In addition, NMG will acquire the Theresa flagship store, located in the heart of Munich, from the Botschen family.

Cherokee Q2 Grows Despite Weakness at Target

Tony Hawk, strength in overseas markets lift royalties and profits in quarter.

Department Store Sales Fall

Sales at department stores and general merchandise stores fell for a second straight month in August.

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