American Eagle Outfitters reported a surprise rise in comparable sales for the second straight quarter and posted better-than-expected quarterly sales and profit helped by strong demand for its Aerie line of lingerie.
The Laura Ashley headlines may have screamed 70% profits plunge but the news wasn't truly as bad as that. And with a renewed focus on fashion, expansion in India and e-tail growth, it's upbeat, despite big challenges.
Hudson's Bay will open its first store in the Netherlands on September 5 instead of September 19 as originally planned. The range will be younger and more fashion forward than that of its sister retailer Galeria Kaufhof.
After closing 19 stores last year, Kohl's has announced plans to open four more small format stores and add a fifth ecommerce fulfillment center in an effort to find relevance in the modern changing retail landscape.