Destination XL Group was disappointed with its performance in the fourth quarter and said contributing factors were sluggish retail environment, a short holiday selling season and adverse weather conditions.
Severe winter weather may have affected Brown Shoe Company’s fourth-quarter results, but CEO, president and chairperson Diane Sullivan focused on the company’s fiscal-year results as she looks ahead to growing the retail and wholesale businesses in 2014.
After a 15% fourth quarter same store sales decline Aeropostale is looking to accelerate the pace previously announced store closures, further reduce an already limited store expansion program and has secured new financial flexibility from a private equity firm.
Sephora has launched Beauty Board, a social shopping platform designed to engage clients through beauty images. Users will be able to post, share, browse and shop Sephora's photo gallery directly on Sephora.com, the mobile site, iPhone and Android apps.
Genesco chairman, president and CEO Robert J. Dennis said that the company’s overall fourth-quarter results were lower than expected, thanks to inconsistent sales patterns and severe winter storms that affected its key markets.