Hints and tips:
Related Topics
...Brookfield and the BlackRock-backed Authentic Brands, the company has swooped in to rescue ailing mallscape fixtures from Chapter 11 bankruptcy in a series of unconventional deals including Lucky Brand, Aéropostale...
...The company also has interests in sporty brand Nautica and youth outfitter Aéropostale....
...Mr Simon said the turnround of Aéropostale had been successful....
...Aeropostale, the teen retailer that for a period at the turn of the century was a staple in high schools across the US, won court backing of its plan to sell itself to an investor consortium led by mall...
...Tough trading conditions have led to a number of high-profile bankruptcies, including Sports Authority and Aéropostale....
...Last year’s sales at Aéropostale were one-quarter lower than in 2013. In the first part of 2016, MGF believed that Aéropostale’s liquidity had deteriorated below a threshold in their agreement....
...Better than expected fourth-quarter results pushed shares of Ann Inc 8 per cent higher to $40.45. Ann reported a profit of $262m or 1 cent share, on sales of $647.4m....
...Aéropostale shares popped after the teen retailer said it was poised to report a fourth-quarter loss of between 1 and 6 cents a share, narrower than its earlier guidance for a loss of 31 cents per share....
...Aéropostale now expects a loss of 52-60 cents a share, wider than forecasts for a loss of 37 cents a share. It also said it expects sales of $318.6m, below estimates for $326.2m....
...The results come during a challenging time in the teen apparel market as rivals like Aéropostale and Abercrombie & Fitch, all known for their logo-centric offerings, are struggling to compete with fast fashion...
...Employees at American Eagle, Old Navy and Aéropostale say the mall is less busy than a year ago and shoppers seem to spend less money....
...Teen retailers American Eagle and Aéropostale, and activewear retailer Zumiez, have raised their guidance on better than expected holiday results....
...Aéropostale reported a 9 per cent decline in same-store sales, a key metric among retailers, in the nine-week holiday period, compared with a 15 per cent decline a year ago....
...“Aeropostale’s path to reclaiming relevance among teens continues to be an uphill battle,” Randal J Konik, an analyst at Jefferies, said....
...Aéropostale fell 10 per cent to $3.52 on Friday. The company reported a bigger-than-expected loss on Thursday and same-store sales fell 13 per cent....
...Clothing retailers remained in the spotlight for a fourth day, as results from Gap and Aéropostale were digested....
...Smaller peers American Eagle Outfitters and Aéropostale are down a fifth and 80 per cent respectively. But just as parents learn to cope with mercurial children, so do chief executives....
...The results are some of the last from the country’s largest speciality retailers, capped by declining sales at Abercrombie & Fitch, Aéropostale and American Eagle Outfitters....
...Teen clothing retailer Aéropostale regained investor confidence after reappointing Julian Geiger as its chief executive....
...Aéropostale, the struggling US teen retailer, lost more than a tenth of its value on Friday as the company reported mounting losses and said it would accelerate its store closure programme....
...Walmart’s results followed news of an unexpected fall in sales at Macy’s, the US department store, on Wednesday, and falling sales at the teen fashion retailers American Eagle and Aéropostale....
...“The divide is just getting wider between American Eagle and Aéropostale,” she observed....
...In April he identified rue21 as one candidate that would yield a high rate of return for private equity buyers and said Abercrombie & Fitch and Aéropostale were also attractive....
...Only a few retailers have created genuine stores within Facebook, including Aéropostale, a US teen clothes retailer; Asos, a UK online fashion store; and 1-800-Flowers.com....
...The worst-performing retailer was Aéropostale, a clothes store for teenagers and 20-somethings, where sales plunged 14 per cent....
International Edition