Gap Inc (GPS.N)
21 Jul 2017
NEW YORK Mergers and acquisitions for fashion retailers are like a crop top t-shirt: a risk best braved by a select few and avoided after a certain age.
NEW YORK, July 11 Mergers and acquisitions for fashion retailers are like a crop top t-shirt: a risk best braved by a select few and avoided after a certain age.
(This version of the story was refiled to fix typo in paragraph 13)
NEW YORK, July 10 Mergers and acquisitions for fashion retailers are like a crop top t-shirt: a risk best braved by a select few and avoided after a certain age.
June 13 Upscale retailer Neiman Marcus Group LLC , which has been exploring strategic options including a sale, on Tuesday reported its fourth straight quarterly loss, as it struggled in the face of intense competition from online and fast-fashion retailers.
May 18 Gap Inc reported a surprise rise in quarterly same-store sales, bucking the trend of dismal results in the U.S. retail industry, as the company benefited from the robust performance at its Old Navy brand.
* Sets quarterly dividend of $0.23 per share Source text for Eikon: Further company coverage:
* Company continues to expect capital spending to be approximately $625 million for fiscal year 2017
May 18 Clothing retailer Gap Inc reported a 12.6 percent rise in quarterly profit, helped by robust demand for its Old Navy brand.
* Euro zone periphery govt bond yields http://tmsnrt.rs/2ii2Bqr (Adds quote, updates prices)
|Target Corporation (TGT.N)||$54.84||+0.26|
|Macy's Inc (M.N)||$23.36||+0.29|
|TJX Companies Inc (TJX.N)||$68.92||-0.68|
|Kohl's Corporation (KSS.N)||$40.46||+0.47|
|Nordstrom, Inc. (JWN.N)||$47.44||+0.34|
|L Brands Inc (LB.N)||$44.94||-0.11|
|Ross Stores, Inc. (ROST.OQ)||$54.31||-0.34|
|Abercrombie & Fitch Co. (ANF.N)||$9.56||-0.06|
|American Eagle Outfitters (AEO.N)||$11.84||-0.23|
|Aeropostale Inc (AROPQ.PK)||$0.03||-0.00|