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Where to Find the Absolute Best Post-Christmas Sales
... courtesy of the recession, overall economic uncertainty, and poor weather. So consumers can expect rock-bottom prices and promotions at several retailers, which plan to sell any overstock in stores, stockrooms, and warehouses, make way for spring inventory, and boost their bottom lines.Here's where you can score some impressive post-holiday deals:J.C. Penney announced it will open at 5:30 a.m. th... |
Black Friday bargains start season off with a bang
...ustry."The National Retail Federation's (NRF) 2006 Black Friday Weekend Survey, conducted by Big Research, also revealed solid holiday sales, with more than 140 million shoppers hitting the stores on Black Friday weekend, spending an average of $360.15, up 18.9 percent from last year's $302.81.clothing or clothing accessories were the most popular items purchased (41.4 percent) as well as books, C... |
Björn Borg sees continues sales & profit growth in weak market
...n was 54.1 percent (54.6).• Operating profit increased by 1 percent to SEK 49.7 million (49.2).• Profit after tax increased by 7 percent to SEK 37.6 million (35.2).• Earnings per share increased by 6 percent to SEK 1.50 (1.42). Fully diluted earnings per share amounted to SEK 1.50 (1.41).Nine-month period January 1 – September 30, 2008• Brand sales increased by 18 percent to SEK 1,869 million (1,5... |
Pippi S/S collection with practical qualities
...bined in many ways and the general look is striking. When the time comes for hours on the swing and warm days with bucket and spade at the beach, Pippi has strong offers for dressing the little ones. Today, Pippi is a full-concept brand providing clothes for children from newborn to the age of eight. For the youngest, Pippi Newborn offers a broad range focusing mainly on the choice of materials. T... |
Despite Rough Quarter, Nike's at the Top of Its Game
... one third of the company's overall revenue, showed the most weakness, which was to be expected. Sales were down 1% to $1.51 billion, as the American consumer pulled back on discretionary spending. U.S. footwear, which generated a little under $1 billion during the quarter, managed to pull off 1% growth. Nike and Jordan footwear have gained 300 basis points of market share over the past 12 months,... |
Federal Reserve Cuts Rates to Historic Low
The Federal Reserve slashed its target interest rate to a range just above zero and promised to march ahead with unconventional measures to combat a recession that has deepened in the past few weeks.The Fed said it would keep its target interest rate -- an overnight bank lending rate called the federal funds rate --– between zero and a quarter percentage point after having moved it to 1% in Octo... |
Icahn to increase shares of Federated
...th of additional shares in Federated Department Stores.Federated announced on Thursday that it had received notice of Icahn's plans to file for clearance for the acquisition through with the Hart-Scott-Rodino Antitrust Improvements Act.Filings with the Securities and Exchange Commission show Icahn Management currently holds about 2 million shares in Federated, worth about $74 million."We're glad M... |
Unemployment Insurance Benefits: What You Should Know
...nemployment rates that have averaged 6% or higher over the most recent three months.Workers typically get 26 weeks of unemployment benefits, and it's not uncommon for the government to extend that during economic slowdowns.Worried about how to make ends meet without a paycheck? Here's what you should know to take advantage of the new law.How you qualify: To be eligible, you must be unemployed thro... |
Gem exhibit debuts at Houston museum
...'s Cullen Hall of Gems and Minerals."Minerals come straight out of the ground with amazing color and fascinating, extremely artistic forms, with absolutely no help from humans," said Joel A. Bartsch, president of the Houston Museum of Natural Science and curator of the Cullen Hall of Gems and Minerals and the Smith Gem Vault, in a statement. "With the Smith Gem Vault, we wanted to build on the sto... |
Jones Apparel Group, Inc. Completes $600 Million Amended and Restated Bank Credit Facility
... greater flexibility in the operation of its businesses duringthese unprecedented economic times. Fees and interest rates under thefacility increased to current market rates, and Jones will grant certainsecurity for borrowings under the facility. In addition, Jones will paycustomary execution fees. The credit facilities are primarily used as backing for the issuance oftrade lette... |
Tissu Premier - two profitable days for fashion industry
...visitors, the principal consideration of each of the 200 exhibitors, 96% of whom come from all over Europe, is their end-customer i.e.THE consumer, who now holds the reins. We no longer know what to expect from him; he wants to buy when he wants and where he wants. His expectations are forever changing and, not only do we have to guess what they are, but we also have to stay one step ahead.Tissu P... |
20 bikinis to buy for less than $20
FEELING the pinch but desperate for a new holiday wardrobe?Don't worry! we have Credit Crunch Couture all sorted. From now on we'll bring you regular fashion fixes for style-savvy shoppers on a budget. This week CHLOE WOOD tracks down ten hot bikinis for under 20. Red alert ... $12 H&M Stripey ... $9 Matalan Pretty in purple ... $8 Matalan Chic ... $8 Matalan Pucci-esque ... $6 Matalan Lean, g... |
Stocks up after GMAC lifeline, retail sales dip
...Wall Street put together a moderate advance in light post-Christmas trading Friday after the government threw a lifeline to General Motors' financing arm, but gains were limited by dreary holiday shopping readings that dimmed the chance of a big year-end rally.The major indexes finished the week with losses, but the market nonetheless showed further signs of stability.The news from the retailing s... |
Snow stalls jewelry sales, but men still buying
... Christmas in business and generates customer interest because it's a departure from normal sale offerings, like 20 percent or 25 percent discounts.At David Craig Jewelers in Langhorne, Pa., owner David Rotenberg also reported strong jewelry sales over the weekend, mostly from regular customers, both men and women alike.In the next few days, however, he expects an influx of male shoppers.He said f... |
The Year in Fashion 2008
...es, among others) and the exuberance on the catwalk (Raquel Zimmermann and Lily Donaldson sashaying out in matching headdresses and massive grins) that, by the end, Olivier Theyskens and his tablemates were tossing roses about the place. Just don't tell anyone about this spontaneous outbreak of warmth -- it could ruin fashion's reputation. Because Without Fashion, Mad Men Would Just Be ... |
On the shortslist for thigh fashion
onzed legs 鈥?or wear them with tights if you aren鈥檛 feeling so brave! And no need to worry about a gust of wind raising your hemline in a pair of these cute crops. Here, NICKY HARLEY picks her favourites for under 拢30. Country comfort ... red gingham, 拢28, Topshop Nauti but nice ... navy with gold buttons, 拢29.99, River Island Classic ... dark navy, 拢22, ASOS Dressy ... grey, 拢29, Littlewoods.com... |
EXCLUSIVE: Jewelers see uptick in sales since Black Friday
...., sales also appeared "considerably up" over the same week last year, says owner Steve Allen."Saturdays are not typically a good day for us because we are not in a mall, but traffic was still up," he says.Best sellers for Allen so far include diamond stud earrings, gold cuff bracelets and items priced from $800-$3,000."I certainly hope the sales continue," he says.But sales have not yet picked up... |
Luxury retailer Neiman Marcus sees FY06 sales growth
...rease over fiscal year 2005.Operating earnings for the fourth quarter totaled $20.7 million, less than half of the $46.8 million in operating earnings for the same period in 2005. Adjusted operating earnings for the fourth quarter totaled $38.5 million, a slight drop from the $40.6 million in operating earnings for fiscal year 2005.Operating earnings for fiscal year 2006 totaled $328.1 million, co... |
Reebok introduces Smoothfit Technology for NHL Player Jerseys
...nclude stretch mesh in the underarm and back of the jerseys, a zipper-less neckline, numbers on the back and sleeve and an enhanced Referee arm bar design to allow for greater on-ice visibility. The uniform also features a microphone channel that allows the officials to maneuver seamlessly across the ice with their microphones securely fastened to them. The players’ uniforms pay tribute to the h... |
Ennis Apparel Segment revenues up 4.8% for 9-months period
...or a decrease of 13.8%. Our overall gross profit margins ("margins") were 26.6% for both current and prior year third quarters. Our Print margins decreased slightly from 26.8% to 26.4%, while our Apparel margins increased from 26.2% to 26.9%. Our earnings decreased from $11.6 million, or $.45 per diluted share, for the quarter ended November 30, 2007 to $9.9 million, or $.38 per diluted share, for... |
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