
Fashion sales fell victim to consumer cutbacks during the holidays and no respite is in sight this year, but upscale store chain Saks Inc (SKS.N) and off-price retailer TJX Cos Inc (TJX.N) signaled to investors they w...
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Fashion sales fell victim to consumer cutbacks during the holidays and no respite is in sight this year, but upscale store chain Saks Inc (SKS.N) and off-price retailer TJX Cos Inc (TJX.N) signaled to investors they w...
Cosmetic and perfume dispenser maker AptarGroup Inc is likely to miss market expectations in the fourth quarter as a sharp decline in consumer spending weighs on volumes.
U.S. off-price retailer TJX Cos Inc (TJX.N) on Wednesday said its Chief Financial Officer Nirmal "Trip" Tripathy was resigning and its chief administrative officer, Jeffrey Naylor, would take over the job.
Goldman Sachs downgraded fashion company Polo Ralph Lauren Corp to "sell" from "neutral," as it saw risk to the company's earnings from a shift in customer spending.
Cosmetics makers Estee Lauder Cos Inc and Elizabeth Arden Inc warned of disappointing quarterly profits and slashed their full-year outlooks, citing weak sales over the holiday shopping period.
Retailers can be expected to speed up a wave of store closures, restructurings and job cuts in the coming weeks, hoping to get a fresh start in early 2009 after more than a year of recession.
Last year at this time, Kathy Johnson and her husband travelled to London and Paris, where she spent about $2,000 (1,288 pounds) on a shiny, red Louis Vuitton shoulder bag and a matching charm without much thought.
U.S. retail chains may report one of their worst monthly sales results this week as a global financial crisis leaves its mark on ordinary consumers, casting new doubt on holiday season sales.Leading U.S.
Cosmetics maker Estee Lauder Cos Inc posted a better-than-expected quarterly profit on Tuesday on higher sales, but slashed its full-year outlook, citing a weak economy and stronger U.S. dollar.
Charming Shoppes Inc more-than-tripled its third-quarter loss estimate as sales were lower-than-expected due to lower consumer demand, sending the women's plus-sized retailer's shares down 23 percent to their lowest l...