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Claiborne, von Furstenberg headed to New York's Walk of Fame

16 May 2008 at 8:57pm

"It is our responsibility to design clothes that are saleable, producible, beautiful, and express the individual style of their designer."

SAMANTHA CRITCHELL The Associated Press NEW YORK - Two of the fashion industry's biggest stars are getting a permanent place under your feet: The Fashion Cen...


Nike's Jordan Brand president leaves after four months

16 May 2008 at 4:49pm

The president of Nike's Jordan Brand is leaving the company four months after taking the job. via KGW-TV Portland


Stock futures up ahead of home construction data

16 May 2008 at 12:46pm

Wall Street was headed for a modestly higher open Friday as investors awaited data on new home construction last month.

The Commerce Department is expected to report that construction of new single-family homes and apartments declined in April by about 0.7 percent to an annual rate of 940,000 uni...


Abercrombie profit edges up on sales increase

16 May 2008 at 8:32am

Teen retailer Abercrombie & Fitch said Friday that its first-quarter earnings rose 3 percent from a year ago on stronger sales.

Abercrombie said it earned $62.1 million, or 69 cents per share, in the three months ended May 3 compared with profits of $60.1 million, or 65 cents a share, a year ago....



Department stores hurt by slumping apparel sales

16 May 2008 at 4:16am

"Department stores have been hurt, pretty much more than any other class of stores. That makes sense in a weak economy"

Department store chains slumping as consumers choose food, gas over apparel MILWAUKEE - Department store stalwarts J.C. Penney Co., Nordstrom Inc. via Reading Eagle/Reading Times



Nordstrom 1Q profit sinks 24 pct on economy

15 May 2008 at 11:38pm

Luxury retailer Nordstrom Inc. said Thursday its profit fell 24 percent in the first quarter, as recession rumblings in the U.S. crimped even wealthier consumers' shopping habits. via Fort Worth Star-Telegram



New American Music Union

15 May 2008 at 7:20pm

On August 8 & 9, American Eagle Outfitters will be holding the first annual New American Music Union , a two-day, open-air concert in Pittsburgh, PA. via YesButNoButYes


Urban Outfitters posts 45% earnings increase

15 May 2008 at 2:57pm

"We produced exceptional results during the quarter"

Philadelphia-based Urban Outfitters Inc. continued to buck its peers in the struggling retail market by reporting today that its latest quarterly earnings had increased 45 percent. via Philly.com


Ask.com Tries Again

15 May 2008 at 10:44am

"We'll be able to dramatically grow our base of traffic"

Ask.com is not giving up on its quest to compete with the big search engines. Ask.com, owned by Barry Diller's IAC/InterActiveCorp, plans to announce Thursday that it has agreed to acquire privately-held ... via New York Times


Ask.com Buys Dictionary.com, Other References

15 May 2008 at 6:28am

"This (acquisition) isn't all we are going to do. It's the first tangible piece of the puzzle."

Ask.com has bought a stable of Internet reference sites that includes Dictionary.com in its latest effort to distinguish itself from online search leader Google Inc. via CBS 5




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