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Quiksilver meets guidance, closing some stores – plus a note about ASR
More details from the Quiksilver earnings conference call today and a note about ASR.
News May 13, 2013
VF forecasting revenue decline in 2009
VF Corp. said today that revenue in the fourth quarter of fiscal 2008 declined 2 percent and forecasted a slight revenue decline for 2009. The company, which owns a multitude…
News May 13, 2013Quiksilver executives take pay cut
The Quiksilver board of directors approved a pay cut for top company executives last week, according to a filing this afternoon with the Securities and Exchange Commission. Here's the text…
News May 13, 2013
Say goodbye to Macy's West
Macy's announced today it is eliminating 7,000 positions and its regional divisions, including Macy's West. The company is centralizing buying, merchandising, planning, stores, marketing, human resources, information technology and other…
News May 13, 2013
Hollister's no-discount results
Industry competitor Hollister saw same-store sales decline 25 percent in the fourth quarter, parent company Abercrombie & Fitch reported this morning. The retailer is one of the few at the…
News May 13, 2013Hang Ten launches at Kohl's in April
More surf brands hit mid-tier retailers this spring as Hang Ten launches at 30 Kohl's stores in warm weather markets. Kohl's executives discussed the April launch during an earnings conference…
News May 13, 2013
Zumiez reports growth for 2008, but tough second half and shrinking sales for Q4
Zumiez, the Pacific Northwest-based industry retailer that bills itself as the "core store in the mall," today reported a 7.1 percent increase in net sales for 2008. But heavy discounting…
News May 13, 2013Burton reduces salaries to minimize layoffs
Jake and Donna Burton eliminate their salaries all together; others will be reduced on a sliding scale. Less than 5 percent of North American employees lose jobs. Press Release:
News May 13, 2013
March same-store sales report
Overall March same-store sales were still down and were negatively impacted by Easter shifting into April. However, the good news is sales have not gotten worse. Here's a summary of…
News May 13, 2013
