American Eagle Outfitters on Tuesday signaled its revenue growth in the holiday quarter was hampered by supply chain snarls and disruptions caused by the Omicron surge, sending its shares down 2% in premarket trading.
London landlord Shaftesbury has delivered an impressive record in terms of attracting a host of new retailers and increasing footfall to its properties. it has signed over 60 new brands since 1 October 2020.
American Eagle Outfitters said on Tuesday its inventory levels jumped ahead of the holiday season as it spent more on freight to overcome supply-chain disruptions, after posting better-than-expected quarterly results.
A big capture for Shaftesbury. The London-centric property giant has signed well-known US sister brands American Eagle and Aerie to make their UK store debuts, both taking spaces at its key Carnaby shopping attraction.
The Pittsburgh-based apparel retailer announced on Tuesday that it has agreed to acquire its fulfillment partner, Quiet Logistics, for $350 million as part of the ongoing transformation of its supply chain.
The New York-based fashion group announced the launch of its new premium denim brand on Wednesday, revealing a label combining sustainability, quality and artistic sensibility, set to make its debut in October.
Halima Aden, the first supermodel to wear a hijab and pose in a burkini, has ripped up her lucrative contracts in an industry she feels lacks "basic human respect" and entered the world of modest fashion design instead.
American Eagle Outfitters Inc reported quarterly revenue that missed estimates on Thursday as the apparel retailer's online business slowed following vaccinations and the easing of some COVID-19 curbs.