http://www.wgsn.com/public/rss/wgsn_news.xml WGSN Daily News en-gb Thu, 20 Apr 2000 18:50:45 +0100 Copyright: (C)Worth Global Style Network, http://www.wgsn.com http://www.wgsn.com 30 http://www.wgsn.com/public/images/homepages/wgsn-logo.gif http://www.wgsn.com Apparel retail giant Gap posted a relatively flat Q1 performance Thursday as rising operational costs and a dip in overseas sales offset gains across its home banners. Shares fell 2.9% after hours although the stock is up 42% since the start of the year. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201205%2F18%2F10_2012may18 http://www.wgsn.com/members/news/dailynews/201205/18/10_2012may18 Fri, 18 May 2012 23:49:00 +0100 Sears Holdings Corp plans to spin off a minority stake in its Canada unit to focus on its US business. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201205%2F18%2F20_2012may18 http://www.wgsn.com/members/news/dailynews/201205/18/20_2012may18 Fri, 18 May 2012 23:39:00 +0100 Wal-Mart Stores posted a healthier-than-expected Q1 profit on improving sales Thursday, as warm weather and an earlier Easter pulled in shoppers attracted by its peer-beating lower prices. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201205%2F18%2F30_2012may18 http://www.wgsn.com/members/news/dailynews/201205/18/30_2012may18 Fri, 18 May 2012 23:29:00 +0100 Perry Ellis International reported a better-than-expected Q1 as its restructuring programme and the revamp of its core brands boosted earnings. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201205%2F18%2F40_2012may18 http://www.wgsn.com/members/news/dailynews/201205/18/40_2012may18 Fri, 18 May 2012 23:19:00 +0100 Fashion lingerie retailer Victoria's Secret is preparing to open its first two UK stores in London to coincide with the Olympic Games. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201205%2F18%2F50_2012may18 http://www.wgsn.com/members/news/dailynews/201205/18/50_2012may18 Fri, 18 May 2012 23:09:00 +0100 Germany fashion house Hugo Boss plans to open around 60 new stores in China over the next three years as part of its target of boosting Asia revenue to account for 20% of the label's global sales by 2015. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201205%2F18%2F60_2012may18 http://www.wgsn.com/members/news/dailynews/201205/18/60_2012may18 Fri, 18 May 2012 22:59:00 +0100 Italy's upscale eyewear giant Luxottica said Thursday it has signed an accord to acquire some 120 Sun Planet points of sale in Spain and Portugal for €20m ($25.3m). http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201205%2F18%2F70_2012may18 http://www.wgsn.com/members/news/dailynews/201205/18/70_2012may18 Fri, 18 May 2012 22:49:00 +0100 Italian online fashion retailer Yoox and French luxury giant PPR said on Thursday they were in talks on a possible e-commerce project. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201205%2F18%2F80_2012may18 http://www.wgsn.com/members/news/dailynews/201205/18/80_2012may18 Fri, 18 May 2012 22:39:00 +0100 Fast Retailing Co is to set up a wholly owned subsidiary in Shanghai in June. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201205%2F18%2F90_2012may18 http://www.wgsn.com/members/news/dailynews/201205/18/90_2012may18 Fri, 18 May 2012 22:29:00 +0100 Centro Retail Australia has sold 50% stakes in three of its premium shopping centres for A$690.4m ($680.9m) in the biggest retail property transaction for more than a year. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201205%2F18%2F100_2012may18 http://www.wgsn.com/members/news/dailynews/201205/18/100_2012may18 Fri, 18 May 2012 22:19:00 +0100 New York & Company slashed its loss in Q1 even while its sales declined, it said Thursday. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201205%2F18%2F110_2012may18 http://www.wgsn.com/members/news/dailynews/201205/18/110_2012may18 Fri, 18 May 2012 22:09:00 +0100 Bon-Ton stores widened its loss in the first quarter, causing the retailer to slash its full-year outlook as discounts and promotions continued to weigh on margins. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201205%2F18%2F120_2012may18 http://www.wgsn.com/members/news/dailynews/201205/18/120_2012may18 Fri, 18 May 2012 21:59:00 +0100 Value kids-to-teens apparel retailer Aeropostale endured a tough Q1 as earnings slipped 35% while comp sales flattened and margins weakened. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201205%2F18%2F130_2012may18 http://www.wgsn.com/members/news/dailynews/201205/18/130_2012may18 Fri, 18 May 2012 21:49:00 +0100 Teen apparel retailer Pacific Sunwear of California saw its Q1 total sales inched up to $173.8m from $171.9m a year ago as same-store sales increased 1%. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201205%2F18%2F140_2012may18 http://www.wgsn.com/members/news/dailynews/201205/18/140_2012may18 Fri, 18 May 2012 21:39:00 +0100 UK department store group John Lewis delivered a strong bank holiday trade with sales up 16.6% year-on-year to £62.24m for the seven days to May 12. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201205%2F18%2F150_2012may18 http://www.wgsn.com/members/news/dailynews/201205/18/150_2012may18 Fri, 18 May 2012 21:29:00 +0100 JJB Sports' new UK store model has won the support of key supplier Nike, which will bring new performance product into the retailer's stores. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201205%2F18%2F160_2012may18 http://www.wgsn.com/members/news/dailynews/201205/18/160_2012may18 Fri, 18 May 2012 21:19:00 +0100 Chinese consumers are more confident about the economy but remain cautious with their spending, according to a Nielsen survey. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201205%2F18%2F170_2012may18 http://www.wgsn.com/members/news/dailynews/201205/18/170_2012may18 Fri, 18 May 2012 21:09:00 +0100 New Zealand retailer Postie Plus has restructured its executive team and is also relocating key merchandising and marketing functions to Auckland. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201205%2F18%2F180_2012may18 http://www.wgsn.com/members/news/dailynews/201205/18/180_2012may18 Fri, 18 May 2012 20:59:00 +0100