Fourth Quarter Earnings Per Share More Than Doubles to $0.17; SG&A Savings and Efficiency Program Continues to Drive Financial Results
Improvement in Comparable Store Sales to -0.2%
Expects Fiscal 2017 Earnings Per Share of $0.25 to $0.35
COPPELL, Texas, 2017-May-25 — /EPR Retail News/ — The Container Store Group, Inc. (NYSE:TCS) (the “Company”), today…
Apparel
NEW YORK, 2017-May-25 — /EPR Retail News/ — J.Crew Group, Inc. (the "Company") today announced several strategic changes across its organization to better position the Company for sustainable and profitable growth.
"Today's retail environment is changing more rapidly than ever before. Customers demand greater speed to market, convenience and personalized shopping experiences" said J.Crew Chairman and…
Zalando to open its first Nordic fulfillment center in Sweden later this year
BERLIN, Germany, 2017-May-25 — /EPR Retail News/ — Zalando, Europe’s leading online fashion platform, successfully completed its location search to open its first Nordic fulfillment center in Sweden later this year. Together with the developer NREP Logicenters, Zalando will build a fulfillment center in…
Stockholm, SWEDEN, 2017-May-24 — /EPR Retail News/ — With a donation of $20.5 million and three new Global Programs the non-profit H&M Foundation makes a new strong commitment to long-lasting improvements in education, clean water and women’s economic empowerment. The goal is not only to transform lives for some of the world's poorest, but also…
Mölndal, Sweden, 2017-May-24 — /EPR Retail News/ — In September, KappAhl will launch a limited edition collection of autumn’s key items for a trendy and timeless wardrobe. Drawing inspiration from the drama of dried roses, the Limited Edition collection will offer 15 stylish pieces and updated classics in materials like cashmere, satin and Tencel. Limited Edition…
PLANO, Texas, 2017-May-24 — /EPR Retail News/ — JCPenney [NYSE: JCP] today (May 23, 2017) announced that Marci Grebstein will join the Company’s executive leadership team as executive vice president, chief marketing officer in June. A highly accomplished marketing executive, Grebstein brings over 20 years of retail marketing experience overseeing advertising campaigns, brand positioning, market analysis…
MIAMI, 2017-May-24 — /EPR Retail News/ — Perry Ellis International, Inc. (Nasdaq:PERY) will webcast its Annual Shareholder Meeting to the general public on Tuesday, June 13th, beginning at 11:00 AM (Eastern). The webcast can be accessed live via the link below or on the Investor Relations section of the Perry Ellis International website located at…
‘Smid Tøjet design contest: Dennis Knudsen won the right to donate DKK 250,000 from BESTSELLER to a Red Cross Project
BRANDE, Denmark, 2017-May-24 — /EPR Retail News/ — Last night (22 May 2017), the winner of the design contest ‘Smid Tøjet’ (drop your clothes) was found. Danish hairdresser and make-up artist Dennis Knudsen won the right to…
SEATTLE, 2017-May-23 — /EPR Retail News/ — Seattle-based Nordstrom, Inc., announced on May 16, 2017 the reelection of eleven existing members of the Board of Directors, and the appointment of Stacy Brown-Philpot, CEO of TaskRabbit, as a new director.
Former board director, Enrique 'Rick' Hernandez, Jr., announced earlier this year that he would not be seeking re-election.
With…
The brand launches a new collection for Ramadan and extends the adaptation of its website to Bahrain, the Lebanon and Oman
Barcelona, 2017-May-23 — /EPR Retail News/ — The Middle East remains a strategic market for MANGO.It is for this reason that, since its arrival 1996, the brand has continued to expand in the region, and…
CHICAGO, 2017-May-22 — /EPR Retail News/ — GGP Inc. and Forever 21 Inc. announced today (May 19, 2017) their partnership to introduce an innovative brick-and-mortar experience. The fast-fashion giant will debut Riley Rose, its highly anticipated beauty boutique at 13 GGP regional shopping centers.
“Forever 21 is always ready to expand into new concepts, and has…
Loewe presents Spring/Summer 2017 capsule collection with Paula’s Ibiza
Paris, 2017-May-19 — /EPR Retail News/ — For the summer season Loewe presents a special collaboration with Paula’s Ibiza. Revisiting iconic designs and prints, the collection celebrates the artistry of the founders and a cultural phenomenon whose indelible legacy marked a generation with pieces that express the fun,…
Milan (Italy), 2017-May-19 — /EPR Retail News/ — The Board of Directors of Luxottica Group S.p.A. (MTA: LUX; NYSE: LUX) decided today (May 16, 2017) to start the procedure to voluntarily delist its American Depositary Shares (ADSs), which are evidenced by American Depositary Receipts (ADRs), from the New York Stock Exchange. Luxottica intends to convert…
SAN FRANCISCO, 2017-May-19 — /EPR Retail News/ — Gap Inc. (NYSE: GPS) today (05/18/2017) announced that its board of directors authorized a second quarter fiscal year 2017 dividend of $0.23 per share, payable on or after July 26, 2017 to shareholders of record at the close of business on July 5, 2017.
About Gap Inc.
Gap Inc. is…
London, 2017-May-18 — /EPR Retail News/ — Marks & Spencer (M&S) today (17 May 2017) announces the extension of its nationwide food redistribution scheme to include chilled food such as meat, dairy items, poultry and ready meals, as part of its Plan A target of reducing food waste by 20% by 2020.
Launched in October 2015,…
MIAMI, 2017-May-18 — /EPR Retail News/ — Perry Ellis International, Inc. (NASDAQ:PERY) announced today ( May 17, 2017) that the company will be participating at the B. Riley 18th Annual Investor Conference on May 24th, 2017 at 10:00 AM (Pacific) at the Loew's Santa Monica Beach Hotel, CA. Perry Ellis management will host meetings at…
BESTSELLER partners with Euroman and Eurowoman to celebrate the city of Aarhus with an exclusive Aarhus magazine
BRANDE, Denmark, 2017-May-18 — /EPR Retail News/ — In 2017, Aarhus – the home of 800 BESTSELLER colleagues – is European Culture Capital. To celebrate this and to showcase the many amazing things that Aarhus has to offer – BESTSELLER…
BESTSELLER RØMERHUS opens on 1 June
BRANDE, Denmark, 2017-May-18 — /EPR Retail News/ — Customers are in for a very special experience, when BESTSELLER RØMERHUS opens its doors for the first time on 1 June. Architecture, art, design and delicious treats will set the stage for a fashion store quite out of the ordinary.
Focus has been on…
Apranga Group opens two Orsay stores in Lithuania
Vilnius, Lithuania, 2017-May-18 — /EPR Retail News/ — Apranga Group, the largest fashion retailer in the Baltics, signed the franchise agreement with Orsay GmbH and opened two Orsay stores: one in Kaunas, in the shopping mall Mega and the other in Panevezys, in the shopping mall Ryo. Stores…
SEATTLE, 2017-May-18 — /EPR Retail News/ — Momentum ™ Indoor Climbing and national outdoor co-op REI announce the launch of REI Co-op Climb, a destination for the best climbing gear, programming and events at each of Momentum’s new gyms. REI Co-op Climb will debut inside Momentum Katy when the 36,000 square foot gym opens its doors…
SEATTLE, 2017-May-17 — /EPR Retail News/ — Nordstrom, Inc. (NYSE: JWN) announced today (May 16, 2017) that its board of directors approved a quarterly dividend of 37 cents per share payable on June 12, 2017, to shareholders of record at the close of business on May 26, 2017.
About Nordstrom
Nordstrom, Inc. is a leading fashion specialty retailer…
Macy’s and Y partnership to help send kids to summer camp
Give $3 donation in stores or on macys.com from May 19 to May 21 and receive 25 percent off Fashion Pass
NEW YORK, 2017-May-17 — /EPR Retail News/ — As part of its Celebrate Summer campaign, Macy’s is partnering with the Y for the first time to…
Louis Vuitton presented 2018 Cruise Collection Kyoto in Japan
Paris, 2017-May-17 — /EPR Retail News/ — After Palm Springs in 2015 and Rio de Janeiro in 2016, Louis Vuitton this year headed to Kyoto in Japan to present its Cruise Collection. Expressing the spirit of travel and being on the road, the 2018 Cruise Collection designed by…
At the Copenhagen Fashion Summit the Ellen MacArthur Foundation launched a new initiative, bringing the industry together with the aim of a new system for textiles which is based on the principles of a circular economy instead of the traditional linear one. H&M is one of the supporters in the initiative.
STOCKHOLM, Sweden, 2017-May-16 — /EPR…
LOS ANGELES, CA, 2017-May-16 — /EPR Retail News/ — Forever 21, one of the most recognized and largest independent fashion retailers in the world, announces artist Khalid as the face of their summer digital campaign for #F21XMUSIC and the Forever 21 Men’s line. With nearly half a billion streams worldwide and a rapidly growing social…
SECAUCUS, N.J., 2017-May-15 — /EPR Retail News/ — The Children’s Place, Inc.(Nasdaq:PLCE) today (May 11, 2017 ) announced that in conjunction with the release of its First Quarter 2017 financial results, you are invited to listen to the Company’s conference call on Thursday, May 18, 2017, beginning at 8:00 a.m. Eastern Time.
To access the webcast, visit…
London, 2017-May-15 — /EPR Retail News/ — Two weeks before the official opening of the renewed Galeria Emka, the Centre gained another fashion tenant. SiNSAY will be the first store of this brand in Koszalin and will certainly attract great number of visitors to Emka.
Galeria Emka in Koszalin finalised the agreement with another tenant which is…
Average Brit says ‘yes’ to FOUR things they should say ’no’ to every day because they live in fear of letting others down
London, 2017-May-12 — /EPR Retail News/ — The UK is an ‘autopilot’ nation in danger of sleep-walking through the choices we make, according to a new cultural report released today (11 May 2017).…
Due to heavy rainfall, Peru is suffering the worst floods in almost 30 years. The H&M Foundation has donated $100,000 to The Red Cross to support people who have been affected by the extreme weather, and give them support to rebuild their lives.
STOCKHOLM, Sweden, 2017-May-12 — /EPR Retail News/ — Hundreds of thousands of people…
Company Reports First Quarter Net Revenues of $8.4 Million
First Quarter GAAP Pre-Tax Income of $0.1 Million; GAAP Net Loss of $0.4 Million
First Quarter Non-GAAP Net Income of $1.1 Million; Adjusted EBITDA of $1.9 Million
Company Announces Successful Launch of H Halston brand at Dillard's
NEW YORK, 2017-May-12 — /EPR Retail…