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U.S. retail sales stumble as inflation bites

U.S. retail sales stumble as inflation bites By Reuters ​U.S. retail sales unexpectedly fell in May as motor vehicle purchases declined amid rampant shortages, and record high gasoline prices pulled spending away from other goods. ​The first drop in sales…

Caleres names new CFO

Caleres names new CFO Caleres The St. Louis-based company said ​Calandra will have responsibility for the company’s finance, accounting, investor relations, external reporting, treasury and tax functions. He succeeds ​Ken Hannah, who has served as CFO of Caleres for the last seven…

Lands’ End names AEO executive new CEO

Lands’ End names AEO executive new CEO American lifestyle brand Lands’ End Lands’ End The Dodgeville, Wisconsin-based company said McLean ​will join Lands’ End as CEO-designate and as a member of the board of Directors on November 1, before assuming the…

Aritzia Q1 sales, earnings surge

Aritzia Q1 sales, earnings surge Canadian fashion retailer Aritzia Inc. announced on Thursday a 65% surge in net revenues for the first quarter, on the back of strong growth across all channels and geographies. Aritzia The Vancouver-based company said net…

Tapestry net sales reach $6.68 bn in 2022, up 16%

Tapestry net sales reach $6.68 bn in 2022, up 16% By Fibre2Fashion New York-based multinational luxury fashion holding company Tapestry Kate Spade – Spring-Summer2020 – Womenswear – New York – © PixelFormula Tapestry is the parent company of luxury brands…