Richard Jaffe News
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Aeropostale Inc., the clothing chain for teens, is offering the biggest sales discount in America for private-equity firms seeking a deal at the mall.
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After slashing prices over the holidays, Kohl’s Corp. itself could be picked up at a 42 percent discount to its revenue.
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Cia. Hering, the clothing retailer with Brazil’s best-performing stock offering since 2007, is bracing for slower sales growth and increased competition with the arrival of Gap Inc.
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Gap Inc. Chief Executive Officer Glenn Murphy named Art Peck president of Gap North America and moved the namesake brand’s creative base to New York from San Francisco in a bid to boost sales.
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American Eagle Outfitters Inc. climbed the most since 2000 after reporting preliminary first-quarter profit that topped analysts’ estimates as the apparel chain was able to sell more merchandise at full price.
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Abercrombie & Fitch Co. is more susceptible than ever to a takeover as an activist investor presses for changes amid faltering sales and shifting teen clothing preferences.
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Clothing based on the 1960s “Mad Men” styles of Don Draper and Peggy Olson helped Banana Republic post its best first-quarter sales ever this year.
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Nordstrom Inc., the U.S. chain with more than 100 namesake department stores, projected full-year earnings that trailed analysts’ estimates amid rising costs.
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Sales at U.S. retailers rose 3.6 percent last week from a year earlier, as some shoppers returned to stores to take advantage of post-Christmas discounts, dodging a snowstorm that assailed the East Coast.
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Bond investors awarded Nordstrom Inc. its lowest borrowing cost ever on a sale of 10-year bonds this week as the high-end U.S. department-store chain founded in 1901 shows that it’s able to withstand slowing economic growth.
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