Hints and tips:
...Whichever way, it was the big talking point of Sunday (after wet statues and whatever the hell this was) because Bloomberg said . . ....
...We believe this could result in over USD50bn of further outflows from the retail community....
...In January, women’s apparel chain Limited Stores Co sought Chapter 11 protection, while Wet Seal, another mall retailer catering to teens, also entered bankruptcy in February....
...Wet Seal, Frederick’s of Hollywood, C Wonder and RadioShack are among other retailers to have filed for bankruptcy protection this year....
...Wet Seal shares fell nearly 55 per cent to below 4 cents, after the retailer filed for Chapter 11 bankruptcy protection amid what has been a challenging environment for teen apparel retailers....
...It is the retail turnround that industry executives across the US are watching....
...Gap and Aéropostale weighed on the sector, with shares of Wet Seal down nearly 10 per cent and American Eagle Outfitters off by nearly 7 per cent....
...Teen retailer Wet Seal rose in early trading after it said it was planning to buy back up to $25m of shares....
...Wet Seal fell 1.5 per cent to $3.28 and Hot Topic was down 5.1 per cent to $4.99....
...The impact of the wet weather on retail sales was highlighted by AB Foods....
...Youth and teen clothing stores continued to outperform the rest of the sector, with Wet Seal seeing a 51 per cent increase in same store sales, and Abercrombie & Fitch a 33 per cent rise....
...Youth retailer Wet Seal saw a 57 per cent increase in comparable store sales, sending its shares up around 10 per cent in New York, while Bebe and Abercrombie Fitch continued their strong performance with...
...Sales at youth fashion stores continued their double digit growth seen so far this year, with American Eagle’s sales up rose 17 per cent, and Wet Seal up 51 per cent....
...Wet Seal, the clothing chain, said sales at stores open at least one year fell nearly 20 per cent in November. The company's shares rose 2.4 per cent to $1.68....
International Edition