AEO profit declines 26% in Q2 FY22
The gross profit of American Eagle Outfitters (AEO) was recorded at $370 million in the second quarter of fiscal 2022, a decline of 26 %
Tag : US retailers
Crosby Studios & Zero10 to launch pop-up store in US
Recently, Augmented Reality (AR) fashion platform Zero10 teamed up with Crosby Studios, Russia-based design firm to open a pop-up store that will feature a five-piece
Macy’s to open 4 new off-mall, small-format stores in US
As a part of Polaris strategy US’ Macy’s will open four off-mall, small-format stores this fall and include Market by Macy’s, a smaller store that
US holiday retail sales grew 8.5% this year
In the holiday season, this year retail sales excluding automotive increased 8.5 percent year-over-year, running from November 1 through December 24. According to a recent
Fabletics to expand physical stores in Europe
Fabletics, the renowned US activewear retailer, expand physical stores all across Europe. Store openings in London and Berlin have now intensified the retailer’s European expansion
BGMEA President calls for fair prices from US buyers
BGMEA President Faruque Hassan called on US brands and retailers to be more rational in pricing in order to build a secured global market where
Walmart launches a new line of business called ‘GoLocal’
Walmart has announced a new line of business, Walmart GoLocal, that extends its expertise in delivering goods to customers to businesses of all sizes. Walmart
US retailer JCPenney Joins EMF Jeans Redesign Project
Recently US apparel retailer JC Penney has become the latest firm to join the Ellen MacArthur Foundation’s (EMF) Jeans Redesign Project. JCPenney’s initiative aims to
Retailer Target records 8.9% comparable sales in Q2
Target, an American fashion retailer has posted 8.9 percent growth in comparable sales on top of record growth of 24.3 percent last year. And its
Walmart launches American lighthouses concept to overcoming barriers domestic production
US retailer Walmart has launched American Lighthouses concept. Textiles will be the first focus area for Lighthouses. It is designed to overcome barriers to domestic
