- Clothing and home goods retailer Urban Outfitters Inc posted a 79 percent jump in quarterly profit, beating market estimates, driven by strong same-store sales across all its branded stores and fewer markdowns that boosted gross profit margins.
Online fashion firm ASOS hasn't noticed a downturn in consumer spending and is planning a range of initiatives aimed at staying ahead of growing competition from store groups, its chief executive said.
China's textile industry, after surging to domination of world markets, is losing its competitive advantage and some low-end operations are moving to emerging producers, a leading Chinese textile mill official said.
Clothing and accessories maker Liz Claiborne Inc reported better-than-expected adjusted earnings on Wednesday, helped by cost-cutting and strong sales at Juicy Couture, but narrowed the range of its full-year outlook due to economic uncertainty.
The blond hair, pert nose and twinkling eyes of the shapely doll were unmistakably Barbie, but what was she doing attached to a prehistoric bug? Welcome to San Francisco's annual "Altered Barbie" exhibition.