American Eagle Outfitters Inc reported record-high first-quarter comparable sales on Thursday, helped again by strong demand for its Aerie line of lingerie. Comparable sales rose 9 percent in the quarter ended May 5.
Luxury lingerie brand Coco de Mer is growing as it approaches the end of its first year under independent ownership with its wholesale business rising 150% and plans laid for interesting new collaborations.
California lifestyle retailer Planet Blue has announced Eddie Bromberg as its new Chief Executive Officer. Bromberg was most recently the president at Cotton Citizen where he led the brand's retail expansion.
The Columbus, Ohio-based apparel group reported an 8% rise in sales in Q1 2018, driven by strong comps at Bath & Body Works, but saw net income fall by half, leading the company to revise down its full year outlook.