Canadian department store operator Hudson's Bay Co on Thursday posted a wider-than-expected loss as sales at its Lord & Taylor unit fell, but said it was optimistic about its ability to deal with the impact of U.S. tariffs on Chinese goods.
NEW YORK A disappointing U.S. jobs report for May was particularly bleak for one sector in particular: American retailers.
Luxury jeweler Tiffany & Co cut its profit outlook for the year on Tuesday and blamed dramatically lower spending by tourists at its stores around the world for missing quarterly same-store sales estimates, but reassured Wall Street the second half of the year could show improvement. | Video
NEW YORK/MADRID The holy grail for apparel brands facing rising uncertainty and cost in their global supply chains is to make their merchandise closer to the point of the sale.
Same-store sales fell more than expected at J.C. Penney Co Inc in the first quarter and its net loss nearly doubled after the retailer exited its appliance and in-store furniture businesses, sending shares down more than 9% on Tuesday. | Video
Macy's Inc said on Wednesday the latest tariffs on Chinese imports by Washington are hitting its furniture business and warned investors that additional levies would leave its clothing and accessory categories vulnerable as well. | Video
NEW YORK The annual Victoria's Secret fashion show, known for its jewel-encrusted bras and supermodels sporting huge angel wings, is bidding farewell to network television.
NEW YORK Pop superstar Lady Gaga made a grand entrance at New York's annual Met Gala on Monday, wearing a voluminous bright pink dress that she shed on the red carpet to reveal three other outfits layered underneath, including a bra and underwear, her interpretation of the evening's theme, "Camp: Notes on Fashion." | Video