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Apr 24, 2012

Retailers play catch-up in fashion speed race

By Nivedita Bhattacharjee

(Reuters) – After years of losing customers to Europe-based retailers that give young shoppers fresh fashions more quickly, clothes retailers are fighting back.

To pick up speed, companies like Gap Inc, American Eagle Outfitters and Macy’s Inc are placing smaller orders in more factories, and waiting until the last minute to say what colors and cuts the fabric should take. They are also slashing the time clothes spend in warehouses, industry experts said.

Apr 24, 2012

Analysis: Retailers play catch-up in fashion speed race

By Nivedita Bhattacharjee

(Reuters) – After years of losing customers to Europe-based retailers that give young shoppers fresh fashions more quickly, clothes retailers are fighting back.

To pick up speed, companies like Gap Inc (GPS.N: Quote, Profile, Research, Stock Buzz), American Eagle Outfitters (AEO.N: Quote, Profile, Research, Stock Buzz) and Macy’s Inc (M.N: Quote, Profile, Research, Stock Buzz) are placing smaller orders in more factories, and waiting until the last minute to say what colors and cuts the fabric should take. They are also slashing the time clothes spend in warehouses, industry experts said.

Apr 23, 2012

Analysis: U.S. retailers play catch-up in fashion speed race

By Nivedita Bhattacharjee

(Reuters) – After years of losing customers to Europe-based retailers that give young shoppers fresh fashions more quickly, U.S. clothes retailers are fighting back.

To pick up speed, companies like Gap Inc (GPS.N: Quote, Profile, Research, Stock Buzz), American Eagle Outfitters (AEO.N: Quote, Profile, Research, Stock Buzz) and Macy’s Inc (M.N: Quote, Profile, Research, Stock Buzz) are placing smaller orders in more factories, and waiting until the last minute to say what colors and cuts the fabric should take. They are also slashing the time clothes spend in warehouses, industry experts said.

Apr 23, 2012

U.S. retailers play catch-up in fashion speed race

April 23 (Reuters) – After years of losing customers to
Europe-based retailers that give young shoppers fresh fashions
more quickly, U.S. clothes retailers are fighting back.

To pick up speed, companies like Gap Inc (GPS.N: Quote, Profile, Research), American
Eagle Outfitters (AEO.N: Quote, Profile, Research) and Macy’s Inc (M.N: Quote, Profile, Research) are placing
smaller orders in more factories, and waiting until the last
minute to say what colors and cuts the fabric should take. They
are also slashing the time clothes spend in warehouses, industry
experts said.

Apr 22, 2012

Wal-Mart silenced Mexican bribe inquiry: NY Times

By Nivedita Bhattacharjee

(Reuters) – Wal-Mart Stores Inc, the world’s largest retailer, squelched an internal investigation into allegations of bribery at its Mexican subsidiary instead of broadening the probe, the New York Times reported on Saturday.

The Times said that in September 2005, a senior Wal-Mart lawyer received an e-mail from Sergio Cicero Zapata, a former executive at the company’s largest foreign unit, Wal-Mart de Mexico, describing how the subsidiary had paid bribes to obtain permits to build stores in the country.

Apr 5, 2012

March sales brighten retailers’ profit prospects

April 5 (Reuters) – Summery weather and an early Easter
spurred consumers to shop for bright-colored clothes and other
seasonal items in March, prompting some retailers to raise their
profit expectations for the quarter.

Retailers like Victoria’s Secret parent Limited Brands Inc
, Target Corp, Macy’s Inc and Gap Inc
beat analysts’ estimates for sales at stores open at
least a year as they lured shoppers with blue, yellow and pink
clothes and other spring merchandise.

Mar 29, 2012

U.S. men’s clothing sales outpace women’s in 2011-study

March 29 (Reuters) – American men increased their spending
on clothing more than women did in 2011, buying more dress
clothes in particular as the economy improves, a study showed.

Overall sales of clothes in the United States rose 4 percent
to $199 billion in 2011, market researcher the NPD Group said on
Thursday.

Mar 23, 2012

Hot Topic gets Hunger Games lift but may not last

March 22 (Reuters) – Teen retailer Hot Topic Inc
said it has sold out some of its merchandise for “The Hunger
Games” even before the highly anticipated, post-apocalyptic film
opens in theaters on Friday.

The movie, based on the book by author Suzanne Collins, is
about children forced into a fight to the death and is touted to
be one of the year’s biggest hits.

Mar 22, 2012

“The Hunger Games” no game changer for Hot Topic

By Nivedita Bhattacharjee

(Reuters) – Souvenirs of “The Hunger Games” are selling like hot cakes ahead of the potential blockbuster movie’s release on Friday, but the sales boost is unlikely to last for Hot Topic Inc, the company that is selling most of the merchandise.

Retail industry experts are not betting on the post-apocalyptic movie to bring any sustainable growth in sales for the California-based retailer, despite signs of some initial success.

Mar 12, 2012

Small is better for U.S. food companies: banker

CHICAGO (Reuters) – Mammoth enterprises are not the way for Corporate America to grow anymore and smaller deals are what companies are betting on, an M&A executive said.

“We’re in an incredibly robust market for financing and we’re seeing … deals getting done every week,” Greg Pearlman, head of BMO Capital Markets’ food and consumer group, said at the Reuters Global Food and Agriculture Summit in Chicago on Monday.

    • About Nivedita

      "Think all things tech and telecoms. Currently in Mumbai. Previously in Chicago, covering retail, transport and airlines. Joined Reuters in 2008."
      Joined Reuters:
      2008
      Languages:
      English, Hindi, Bengali
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