Agenda-setting intelligence, analysis and advice for the global fashion community.
NEW YORK, United States — Aeropostale Inc. on Wednesday reported a loss of $58.4 million in its fiscal first quarter.
On a per-share basis, the New York-based company said it had a loss of 73 cents.
The teen clothing retailer posted revenue of $298.6 million in the period.
In the final minutes of trading on Wednesday, the company's shares hit 7 cents. A year ago, they were trading at $1.79.
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The retailer swung to a loss as sales slowed after the US removed the de minimis exemption on small packages and it incurred a hefty one-time accounting charge.
This week, Europe’s leading luxury groups LVMH, Kering, Hermès and Prada will show who’s pulling ahead in the stubbornly choppy environment.
Sales of gems, precious metals and artwork at Japan’s department stores climbed 19 percent in the first half of 2026 from a year earlier to $2 billion.
Though Adidas dressed both teams in the World Cup finals, the global football tournament still presented some bright spots for Nike, writes Bloomberg’s Andrea Felsted.
