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- American Apparel Wholesale Showroom By Maxamillion Blick| 04/26/2011
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Recent News
jcpenney Completes New Five Year $1.25 Billion Credit Facility
- Published Yesterday
J. C. Penney Company, Inc. (NYSE: JCP) announced today that its wholly-owned subsidiary, J. C. Penney Corporation, Inc., has completed a new five-year $1.25 billion bank credit facility. The new facility replaces a $750 million credit facility that was scheduled to mature in April 2012 and provides further strength to the Company's liquidity position.
Effective today, the facility may be used for general corporate purposes and will mature in April 2016. In addition, the facility's financial covenant thresholds for both the leverage ratio and fixed charge coverage ratio have been set in alignment with the Company's 2011 operating plan and adjusted to remove the impact of non-cash pension expense. The facility is secured by the Company's inventory, which can be released upon attainment of certain credit rating levels.
Pursuant to this refinancing, the Company now expects to incur approximately $9.0 million in related fees and expenses in the first quarter of 2011. The Company plans to announce its first quarter results on Monday, May 16, 2011.
The arrangement of the credit facility was co-led by J. P. Morgan, Bank of America Merrill Lynch, Barclays Capital and Wells Fargo Bank.
About J. C. Penney Company, Inc.
J. C. Penney Company, Inc., one of America's leading retailers, operates over 1,100 jcpenney department stores throughout the United States and Puerto Rico, as well as one of the largest apparel and home furnishing sites on the Internet, jcp.com. Serving more than half of America's families each year, the jcpenney brand offers a wide array of private, exclusive and national brands which reflect the Company's vision to be America's shopping destination for discovering great styles at compelling prices. Traded as "JCP" on the New York Stock Exchange, the $17.8 billion retailer is transforming its organization to support its Long Range Plan strategies to build a sustainable, profitable enterprise that serves its customers, engages its associates and rewards its shareholders. For more information visit, www.jcpenney.net.
Learn more about JCPenney on Apparel Search.
The Wet Seal, Inc. to Broadcast First Quarter Fiscal 2011 in May
- Published 04/29/2011
The Wet Seal, Inc. (NASDAQ:WTSLA), announced that the Company will host a conference call on Thursday, May 19, 2011, at 4:30 p.m. eastern time to discuss first quarter fiscal 2011 results, followed by a question and answer session.
To participate in the conference call, please dial (888) 211-4461 and provide ID # 9351507. A broadcast of the call will also be available on the Company’s website, www.wetsealinc.com. A replay of the call will be available through May 26, 2011. To access the replay, please call (888) 203-1112 or (719) 457-0820 and provide the ID number above.
About The Wet Seal, Inc.
Headquartered in Foothill Ranch, California, The Wet Seal, Inc. is a leading specialty retailer of fashionable and contemporary apparel and accessory items. As of April 2, 2011, the Company operated a total of 534 stores in 47 states and Puerto Rico, including 452 Wet Seal stores and 82 Arden B stores. The Company’s products can also be purchased online at www.wetseal.com or www.ardenb.com. For more company information, visit www.wetsealinc.com.
Exceed Schedules 2011 First Quarter Financial Results Release
- Published 04/28/2011
Exceed Company Ltd. (NASDAQ: EDS) ("Exceed" or "the Company"), the owner and operator of "Xidelong" brand - one of the leading domestic sportswear brands in China, today announced that it will release its unaudited financial results for the first quarter ended March 31, 2011 after the US market closes on Monday, May 16, 2011.
The earnings press release will be available on the investor relations page of the Exceed website at http://www.ir.xdlong.cn.
R.G. Barry to Report Results
- Published 04/26/2011
R.G. Barry Corporation (Nasdaq: DFZ) plans to announce its third quarter/nine-month operating results and conduct a conference call and Webcast on Tuesday, May 10, 2011.
The Company will issue a news release detailing its performance prior to the market open. Senior management will then discuss its operating results and business outlook during a conference call/webcast planned for 9 a.m. Eastern Daylight Time.
To listen via the Internet, log on to http://www.videonewswire.com/event.asp?id=79121.
The conference call will also be available at 800.860.2442 (U.S.) and +1.412.858.4600 (international) until five minutes before starting time.
Call replays will be available beginning approximately one hour after the call conclusion and running through 9 a.m. Eastern May 18, 2011 at 877.344.7529 (U.S.) and +1.412.317.0088 (international); ask for conference number 450640. Replays and a written transcript of the call will be posted for up to one year at the Investor Room section of the Company's Website.
Three New Bloomingdale’s Outlet Stores to Open in Fall 2011
- Published 04/25/2011
Macy’s, Inc. announced today the locations for three new Bloomingdale’s Outlet stores to open in fall 2011. They will join the first four Bloomingdale’s Outlet stores opened in fall 2010 as the concept was launched.
Stores will open in the following shopping centers with an upscale outlet store focus:
- Miromar Outlets, Estero, FL (25,000 square feet; opening planned for September 2011);
- Wrentham Village Premium Outlets, Wrentham, MA (24,000 square feet; opening planned for October 2011);
- Woodfield Village Green, Schaumburg, IL (24,000 square feet; opening planned for October 2011).
Learn more about the Three New Bloomingdale's Outlet Stores Opening Fall 2011 here on the Fashion Newspaper.
Macy’s, Inc., with corporate offices in Cincinnati and New York, is one of the nation’s premier retailers, with fiscal 2010 sales of $25 billion. The company operates about 850 department stores in 45 states, the District of Columbia, Guam and Puerto Rico under the names of Macy’s and Bloomingdale’s, as well as the macys.com and bloomingdales.com websites. The company also operates four Bloomingdale’s Outlet stores.
» Read MoreColumbia Sportswear Company to Announce First Quarter 2011
- Published 04/21/2011
Columbia Sportswear Company plans to release financial results of its first quarter at the close of regular market trading hours on Thursday, April 28, 2011.
At approximately 4:15 p.m. ET, a commentary by Tom Cusick, Senior Vice President, Chief Financial Officer and Treasurer, reviewing the company's first quarter 2011 financial results, Fall 2011 order backlog and full year 2011 financial outlook will be filed with the SEC on Form 8-K and published to the company's website at http://investor.columbia.com/results.cfm. Analysts and investors are encouraged to review this commentary prior to participating in a conference call to be hosted by senior management at 5:00 p.m. ET.
To listen to the conference call, please dial 877-407-9205. The call will also be webcast live on the Investor Relations section of the Company’s website at http://investor.columbia.com where it will remain available until April 26, 2012.
Columbia Sportswear Company is a leading innovator in the global active outdoor apparel, footwear, accessories and equipment markets. Founded in 1938 in Portland, Oregon, Columbia products are sold in more than 100 countries and have earned an international reputation for innovation, quality and performance. Columbia products feature innovative technologies and designs that protect outdoor enthusiasts from the elements, increase comfort, and make outdoor activities more enjoyable. In addition to the Columbia brand, Columbia Sportswear Company also owns outdoor brands Mountain Hardwear®, Sorel®, and Montrail®.
Learn more about Columbia Sportswear on the Apparel Search fashion industry directory.
Liz Claiborne Inc. to Webcast April 28, 2011
- Published 04/21/2011
Liz Claiborne Inc. will webcast its 2011 Investor Day Conference to the general public on Thursday, April 28, 2011, beginning at 9:00 a.m. Eastern Time. This webcast can be accessed via the Investor Relations section of the Liz Claiborne Inc. website at www.lizclaiborneinc.com. An archive of the webcast will be available through Thursday, May 19, 2011
Chico's Declares Cash Dividend of $0.05 Per Share
- Published 04/20/2011
Recent Articles
Orta Blu Denim Manufacturer Wants to Create Better Cotton Fields
- By Maxamillion Blick
- Published Yesterday
- Textile News Articles
- Unrated
Orta Blu will assist the farmers implement the BCI (Better Cotton Initiative) protocol which dictates growing cotton in a way that reduces stress on the environment and improves the livelihoods and welfare of farming communities.
Orta Blu is using their newly created on-line platform www.ortablu.org to document their efforts in decreasing their environmental impact with their denim production and to promote their global Social Missions at www.ortablu.org/social.
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Learn more about cotton suppliers on Apparel Search.
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Fashionable Wedding Dress Collections Available Online from Shenzhen Wuzhou Changlian International Trading Co
- By Maxamillion Blick
- Published Yesterday
- Womens Fashion , Clothing and Fashion Accessories , Dresses , Bridal
- Unrated
For the coming summer wedding season, more people are trying wedding dress outlets or online shopping, to get the most suitable dress and become the most beautiful bride. Among so many choices, it is not easy to get a fashionable, economical wedding dress. but Shenzhen Wuzhou Changlian International Trading Co. can help solve this problem.
- Full Story
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Nordstrom helps raise awareness and funds for hepatitis B testing and prevention
- By Maxamillion Blick
- Published Yesterday
- Nordstrom
- Unrated
- Full Story
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Livable Chic Style to The Foundary Designer Gallery : Members Only
- By Maxamillion Blick
- Published Yesterday
- Fashion News Articles , Retail News Articles
- Unrated
- Full Story
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Softlips Lip Care Brand Gets Fresh New Look
- By Maxamillion Blick
- Published Yesterday
- Makeup , Beauty News Articles
- Unrated
- Full Story
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Auri Inc Announces Expands Retail Presence with 50 New Brand Placements
- By Maxamillion Blick
- Published Yesterday
- Shoes
- Unrated
- Full Story
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New Five Year 1.25 Billion Dollar Credit Facility for JCPenney
- By Maxamillion Blick
- Published Yesterday
- Retail News Articles , JCPenney
- Unrated
J. C. Penney Company, Inc. (NYSE: JCP) announced today that its wholly-owned subsidiary, J. C. Penney Corporation, Inc., has completed a new five-year $1.25 billion bank credit facility. The new facility replaces a $750 million credit facility that was scheduled to mature in April 2012 and provides further strength to the Company's liquidity position.
- Full Story
- Printer Version
The Wet Seal, Inc. to Broadcast First Quarter Fiscal 2011 in May
- By Maxamillion Blick
- Published 04/29/2011
- Wet Seal
- Unrated
The Wet Seal, Inc. (NASDAQ:WTSLA), announced that the Company will host a conference call on Thursday, May 19, 2011, at 4:30 p.m. eastern time to discuss first quarter fiscal 2011 results, followed by a question and answer session.
- Full Story
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OBJE Completes Negotiations Successfully with Global Chinese Distribution Company
- By Maxamillion Blick
- Published 04/29/2011
- Pants
- Unrated
As Obscene Jeans Corp. (OTCQB:OBJE) readies its debut denim line for worldwide release, company president and CEO Robert Federowicz announced today that OBJE has successfully finalized negotiations with Beijing Beautyfresh International Trade Co. (Beautyfresh) for a global strategic profit alliance designed to give the hot new fashion firm professional distribution of its products in Asia and Europe.
“They will open up tremendous marketing opportunities for our brand, beginning in China and Greece and continuing to other markets around the world as quickly as possible.”
- Full Story
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True Religion Apparel First Quarter 2011 Results
- By Maxamillion Blick
- Published 04/29/2011
- Fashion News Articles , Womens Fashion , Mens Clothing , Fashion Designers and Fashion Brands , True Religion Apparel
- Unrated
- Q1 2011 net sales increased 20.4% to $93.8 million
- U.S. Consumer Direct net sales increased 37.6%; same-store sales increased 7.4%
- International net sales increased 34.0% to $18.5 million
- Q1 2011 diluted earnings per share were $0.36 versus $0.34 in Q1 2010
- Full Story
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VipStore Leads China in Luxury E-commerce Shopping Clubs
- By Maxamillion Blick
- Published 04/29/2011
- Fashion News Articles , International Retailers
- Unrated
Gilt has become a synonym for luxury e-commerce in the US and across Europe by building out portals based on their invitation-only + discount + luxury brands formula. Now, the luxury e-commerce wave is sweeping across China. Research shows that the web has become the luxury product buyer's second-most commonly visited locale for learning about luxury products, after bricks and mortar stores. More and more companies are taking advantage of the Gilt business formula to expand into the sector, which has witnessed increasing venture capital inflows.
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Trendy Pants Appear As Harem Pants : DinoDirect Online Shopping
- By Maxamillion Blick
- Published 04/29/2011
- Fashion News Articles , Womens Fashion , Mens Clothing , Pants , International Retailers
- Unrated
Continuing its tradition of offering useful products to its clients, dinodirect.com has once again come up with a highly stylish product, Harem Pants and long sleeve dress. The increasing fashion has given a look to pants. Earlier pants used to be simple and less attractive. The introduction of harem pants once again revived the fashion of pants. These pants give men a unique look. In summer season the markets are flooded with variety of pants. The harem pants are designed exclusively to suit men of every age.
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U Connect LIVE : Consumer Product Safety Improvement Act (CPSIA) 2011 Event
- By Maxamillion Blick
- Published 04/29/2011
- Fashion Events , Manufacturing Apparel News , Miscellaneous
- Unrated
- Full Story
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Venetian Jewelry Importer Direct from Venice
- By Maxamillion Blick
- Published 04/29/2011
- Accessories , Jewelry
- Unrated
In an effort to satisfy growing client demand, Tom Dickenson and his company, Direct from Venice, have reached exclusive agreement with a classically trained expert Murano glassmaster to sell individual one-of-a-kind pieces of the artist's own design, as well as to design custom jewelry according to specific client request. This represents an unprecedented entrance into the custom world of Murano jewelry, previously available only by visiting Italy itself.
- Full Story
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Miss Catherine Middleton Wears Earrings Designed by Robinson Pelham Jewellers
- By Maxamillion Blick
- Published 04/29/2011
- Jewelry , Celebrity Fashion Articles
- Unrated
- Full Story
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13.56MHz RFID Reader Antenna makes for inventory solution
- By Jack Pan
- Published 04/28/2011
- Technology News Articles
- Unrated
- Full Story
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Luxottica Posts Nice Growth in First Quarter of 2011 : Fashion Eyewear News
- By Maxamillion Blick
- Published 04/28/2011
- Accessories , Sunglasses
- Unrated
The Board of Directors of Luxottica Group S.p.A. a leader in the design, manufacture and distribution of fashion, luxury and sports eyewear, met today and approved the consolidated results for the first quarter ended March 31, 2011, in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board (IAS/IFRS).
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Zumbawear Apparel Line From Gym To Street : Zumba Fitness
- By Maxamillion Blick
- Published 04/28/2011
- Fashion News Articles , Womens Fashion , Mens Clothing
- Unrated
Zumba Fitness, LLC, creator of the acclaimed Zumba® fitness-party workout with a global following of millions, expands its lifestyle brand with the launch of the 2011 Zumbawear™ Wonderland collection including apparel, shoes and accessories for women and men.
- Full Story
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Timberland Opens New Retail Location in San Francisco
- By Maxamillion Blick
- Published 04/28/2011
- Fashion News Articles , Retail News Articles , Timberland
- Unrated
The Timberland Company today announced details about its new San Francisco retail location at 845 Market Street (part of the Westfield San Francisco Centre, with Market Street access), which officially opens its doors tomorrow, Friday, April 29 at 10 am. For the first time in almost a decade, consumers will be able to experience the renowned outdoor retailer's footwear, apparel and accessories first-hand in one of Northern California's busiest retail neighborhoods.
- Full Story
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Barneys New York to Feature Daphne Guinness : Launching Exhibition of Guinness and Isabella Blow Collections
- By Maxamillion Blick
- Published 04/28/2011
- Fashion Events , Retail News Articles , Fashion News Articles , Barneys New York
- Unrated
Barneys New York announced today that they have collaborated with Daphne Guinness to curate a selection of pieces from Guinness's private collection, as well as from the collection of Isabella Blow, to be featured in the Madison Avenue windows. This will be the first time Blow's collection has been seen in public since Guinness acquired it in the summer of 2010. The window display will include several experiential moments, beginning on Monday, May 2nd when Guinness will prepare for The Metropolitan Museum of Art Costume Institute Gala by presenting a staged display in the window while donning a gown designed by Alexander McQueen, who is being celebrated at the event later that evening.
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