Hints and tips:
...More than 80 per cent of US retailers had an increase in losses last year, according to Jack L Hayes International, a “loss prevention” consultancy....
...It also sells through Selfridges, Harrods and concessions in Nordstrom stores in North America....
...“During the due diligence I spoke to people at Nordstrom, Zalando and other wholesale partners about Topshop,” said Beighton....
...As companies try to conserve cash, dividend payouts have been postponed at groups, including Nordstrom....
...Other retailers in the earnings line-up include Foot Locker, TJX, Nordstrom, Gap and Victoria’s Secret owner L Brands....
...Credit Suisse also lowered estimates for Nordstrom, Kohl’s and JCPenney. Shares in Ralph Lauren, Hanesbrands and Tommy Hilfiger owner PVH fell, as the bank noted their exposure to department stores....
...Victoria’s Secret-owner L Brands is at the bottom of the list, with estimated earnings 87 per cent lower than three months ago....
...The holiday season will be critical for US companies including Victoria’s Secret owner L Brands and Barnes & Noble, both of which reported quarterly losses this week....
...Brands up 1.7 per cent to $49.18.Nordstrom increased 1.6 per cent to $41.61....
...Meanwhile other retailers, such as Victoria’s Secret owner L Brands, have continued to tumble, losing 20 per cent since the start of the year....
...Pinecone salt and pepper shakers by L’Objet, €455 These 24-carat gold-plated pine cones are sprinkled with yellow Swarovski crystals, bringing both decoration and practicality to the table. artedona.com...
...Clients include Dyson, L’Oréal, Subaru, Barneys New York, Cunard, Nordstrom and Ritz-Carlton....
...Within this, department store operators Nordstrom and Macy’s both added more than 1 per cent while Gap was up 0.6 per cent and Victoria’s Secret owner L Brands advanced 0.9 per cent....
...Co-president Peter Nordstrom calmly explained that the first daughter’s assortment “performed very, very poorly for us in the last year”....
...That trend had largely reversed by Friday afternoon, following the Axios report, with the following stocks sitting near the top of the S&P 500′s gainers: Nordstrom’s was up 6.4 per cent Kohl’s up 5 per...
...The drop also accompanied a broader sell-off in retail names with shares in L Brands down 4.4 per cent to $43.77 and Kohl’s off 3.7 per cent to $37.69....
...Nordstrom shares were little changed at $45.20. Kohl’s downbeat results arrived a day after Macy’s lowered its profit forecast. “Apparel is fighting an uphill battle....
...Here sit TJX, L Brands, Ross Stores and Nordstrom....
...There have been several success stories over the past few decades by US mass-market contenders moving north of the border, such as Home Depot, Costco, L Brands and Walmart....
...Some consumer companies, such as Viacom and Nordstrom, reported stronger sales than expected, while the likes of Kohl’s and JC Penney have fallen short of expectations....
...At Nordstrom, an upmarket rival, sales were down 1.1 per cent but the company said they had rebounded to historic levels in the second half of the month....
...Nordstrom, the upmarket department store, reported higher same-store sales and its shares added 1.9 per cent to reach $51.53....
...Among the few department stores to report a gain was Nordstrom, where sales rose 7.1 per cent, above forecasts....
...High-end department stores failed to live up to market hopes as well, as Saks reported a 1.8 per cent increase in sales and Nordstrom a 5.4 per cent gain....
...Sales at Nordstrom, an upmarket fashion store, rose 5.1 per cent. “The retailers have to be happy with how things shaped up this month....
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