1. Department: Consumer Durables

Guess announces $200M share repurchase program

Written by Posted on Less than 0 min read

The board also approved the restructuring of its debt — the third time the apparel retailer has taken such move in 12 months.

View Original Article
Member since
Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, and app cover topics such as the future of brick-and-mortar, retail technology, e-commerce, marketing, payment technology, in-store operations, omnichannel shopper journey, and more. Retail Dive is a leading industry publication operated by Industry Dive. Our business journalists spark ideas and shape agendas for 7+ million decision makers in the most competitive industries. https://www.retaildive.com/
Do you like RetailDive's articles? Follow on social!

More from RetailDive

  1. Channel: Ecommerce & Digital

Amazon to integrate drones into fulfillment network for faster delivery

​[[“value”:”Prime Air drones will deploy at same-day delivery sites rather than standalone facilities as the company scales its use of the emerging transportation method.”]]  View Original Article Delivery Amazon Technology & Innovation RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

7-Eleven to offer a year of free delivery during Black Friday

New Gold Plus members who sign up between Nov. 25 and Nov. 28 get free shipping on over 3,000 items, including food and alcohol. View Original Article Dept. Adult Bev Dept. Grocery Operations & Supply Chain Holiday & Events Editor's Choice Delivery 7-Eleven & Speedway RetailDive Member since November 25, 2020 Loading + Follow Following […]
< 1 min read
0
  1. Operations & Supply Chain

Family Dollar to pay $41.7M for issues tied to rat-infested warehouse

The discount retailer pleaded guilty to a one count misdemeanor violation after product contamination at the Arkansas distribution center. View Original Article Family Dollar Operations & Supply Chain RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The […]
< 1 min read
0
  1. Acquisitions, Divestitures & Mergers

Victoria’s Secret will acquire DTC lingerie company Adore Me for $400M

The direct-to-consumer brand is one of many in the space that have challenged the intimates giant thanks to its inclusive sizing and fit technology. View Original Article Acquisition Consumers Inclusivity Technology & Innovation RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends […]
< 1 min read
0
  1. Corporate Strategy

Digital Brands Group revenue declines in fourth quarter

The company is in technical default on certain debts, but CEO Hil Davis says the business is “different now than it was in 2022.” View Original Article Executives RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The […]
< 1 min read
0
  1. Corporate Finance

Tattered Cover parent company files for Chapter 11

​[[“value”:” This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Bended Page, parent company of independent bookstore Tattered Cover, said Monday that it voluntarily filed for Chapter 11 bankruptcy. Court documents indicate that the Colorado-based company owes a total of more than $1 million to book publishers, including Simon & […]
3 min read
0
  1. Trends & External Forces

Package theft surged 47% in November, study says

Consumers reported that delivery times have improved since last year, but theft is on the rise. View Original Article Consumers Delivery Legal & Criminal RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, […]
< 1 min read
0
  1. Associates & Employees

Amazon hits major setback in bid to overturn Staten Island union vote

An official with the National Labor Relations Board recommended the company’s objection to the voting process be rejected and the union certified. View Original Article Amazon Associates RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily […]
< 1 min read
0
  1. Technology & Innovation

Google introduces generative AI virtual try-on tool

Starting with women’s tops, the feature allows shoppers to see how certain products would look on a model of their choice. Dive Brief: In an attempt to replicate the fitting room online, Google has released a new virtual try-on tool using generative artificial intelligence that is available through its search engine, the company announced on Wednesday. It […]
< 1 min read
0
  1. Uncategorized

Banana Republic unveils new home categories

BR Home features rugs, bedding and decor priced between $40 and $7,550 as the retailer pushes to become more of a lifestyle brand. View Original Article RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, […]
< 1 min read
0
  1. Stores & Formats

Garnet Hill opens first full-price location

The Qurate Retail Group-owned brand will offer women’s apparel and home textiles in the store. View Original Article Owned Brands (Private Label) Store Location Dept. Apparel RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email […]
< 1 min read
0
  1. Technology & Innovation

TalkShopLive launches mobile livestream shopping app

​[[“value”:” Dive Brief Sellers can highlight different products within the live shows on the app that mirror the same technology of the desktop platform. Published Oct. 17, 2023 By Tatiana Walk-Morris An image of TalkShopLive’s studio on a smart phone. The company announced this week that it has debuted its first broadcast-quality mobile app for iOS users. […]
< 1 min read
0
  1. Shopper & Customer

Hasbro slashes global workforce amid challenging consumer environment

The move is part of a reorganization that includes the COO’s departure and a shift away from consumer products. View Original Article Sustainability Consumers Dept. Toys & Games Associates Executives RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. […]
< 1 min read
0
  1. Stores & Formats

Ross caps off yearly opening plans with 51 new stores this fall

​[[“value”:” Dive Brief The off-price retailer, which opened 97 locations in fiscal 2023, raised its guidance in August on top of 7.7% sales growth. Published Oct. 11, 2023 A Ross storefront. The company said this week it opened 97 stores this fiscal year, just short of its previously announced goal of 100 new store openings. […]
< 1 min read
0
  1. Retail Ecosystem

ThredUp: US secondhand market to hit $73B by 2028

While that represents meaningful growth, it’s down significantly from a 2022 prediction that the market would reach $82 billion by 2026. View Original Article Predictions and Forecasts Recommerce RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email […]
< 1 min read
0
  1. Associates & Employees

Thinx to lay off 95 employees

The job cuts, impacting workers in New York, take effect on May 1. View Original Article Associates RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, and app cover topics such as the […]
< 1 min read
0
  1. Department: Consumer Durables

Virtual clothing platform DressX raises $15M

Founded in 2020, the metaverse fashion company sells its digital clothing on marketplace platforms like Roblox, Meta and others. View Original Article Dept. Apparel Meta (Facebook) Metaverse Trends: Tech RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. […]
< 1 min read
0
  1. Channel: Marketplace

Shopify reports $1.2B net loss, lays off 10% of its workforce

The company’s e-commerce gamble “didn’t pay off,” CEO Tobi Lütke said, and it expects operating losses through the rest of the year. View Original Article Associates Executives Shopify RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, and app […]
< 1 min read
0
  1. Stores & Formats

Outdoor Voices to shutter all stores this Sunday

The activewear brand, once a DTC darling, told staff on Tuesday it would close stores this week as it shifts to an online-only model. View Original Article Associates Brick and Mortar RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends […]
< 1 min read
0
  1. Channel: Specialty & Other

These retailers stand to gain customers and sales as Bed Bath & Beyond disappears

Walmart, Amazon and especially Target have already been taking market share from the struggling home goods retailer for quite some time. View Original Article Walmart Results & Investment Dept. Nonfood Bed Bath & Beyond Amazon Target RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the […]
< 1 min read
0
Next