Latest Apparel and accessories retail News

FILE - In this Nov. 6, 2019, file photo, Kanye West attends the WSJ. Magazine 2019 Innovator Awards at the Museum of Modern Art in New York.  The rap superstar will design adult and kids' clothing that will be sold at Gap in 2021. Yeezy is best known for pricey sneakers that sell out online quickly. But Yeezy footwear, made with sneaker company Adidas, won't be sold at Gap.  (Photo by Evan Agostini/Invision/AP, File)

Kanye West to bring Yeezy brand, but not sneakers, to Gap

Jun. 26, 2020 6:25 PM EDT

NEW YORK (AP) — Kanye West is bringing his Yeezy brand to Gap. The rap superstar will design adult and kids' clothing that will be sold at the chain next year. Yeezy is best known for pricey sneakers that sell out online quickly. But Yeezy footwear, made with sneaker company Adidas, won't be sold at Gap...

Nike, JPMorgan fall; Gap, CoreLogic rise

Jun. 26, 2020 4:24 PM EDT

Stocks that moved heavily or traded substantially on Friday: Nike Inc., down $7.73 to $93.67. The sneaker and apparel company reported a fiscal fourth-quarter loss as the pandemic shut down stores. Amazon.com Inc., down $61.71 to $2,692.87. The online retailer is buying self-driving technology company Zoox....

Boys & Girls Clubs program to promote careers in retail

Jun. 25, 2020 11:59 AM EDT

DETROIT (AP) — The Boys & Girls Clubs of Southeastern Michigan will offer an immersive summer and after-school program for young people interested in retail or fashion merchandising. The organization is expected to open its first Industry Club in September and share space at the Detroit is the New...

Cheer leaders perform to empty stands prior an opening baseball game between the Yomiuri Giants and the Hanshin Tigers at Tokyo Dome in Tokyo Friday, June 19, 2020. Japan’s economy is opening cautiously, with social-distancing restrictions amid the coronavirus pandemic. (AP Photo/Eugene Hoshiko)

Japan's economy reopening cautiously, balancing health risks

Jun. 19, 2020 8:16 PM EDT

TOKYO (AP) — The roller coasters are back running in Tokyo but with requests to not scream. Restaurants are offering more take-out and outdoor seating. Major retailer Uniqlo’s new “cool and dry” mask, three for 990 yen ($9), sold out Friday shortly after it was put on the shelves. ...

FILE - In this March 14 2020 file photo, Apple employees work inside a closed Apple store in Miami. Apple is temporarily closing 11 stores in Arizona, Florida, North Carolina and South Carolina just few weeks after reopening them in hopes that consumers would be able to shop in them without raising the risk of infecting them or company workers with the novel coronavirus that caused COVID-19.  (AP Photo/Lynne Sladky, File)

Apple re-closes some stores, raising economic concerns

Jun. 19, 2020 7:14 PM EDT

Apple's Friday decision to close stores in four states with surging coronavirus cases highlights a question that other businesses may soon face: Stay open or prepare for more shutdowns? Apple, like many other major U.S. retailers, shut down all of its U.S. locations in March. On Friday, it said it would shut 11...

FILE - In this June 4, 2020, file photo, a customer walks out of a U.S. Post Office branch and under a banner advertising a job opening, in Seattle. The U.S. government will issue its latest snapshot Thursday, June 18, of the layoffs that have left millions unemployed but have slowed as businesses have increasingly reopened and rehired some of their laid-off workers. (AP Photo/Elaine Thompson, File)

Persistently high layoffs suggest a slow US economic rebound

Jun. 18, 2020 1:48 PM EDT

WASHINGTON (AP) — Three months after the viral outbreak shut down businesses across the country, U.S. employers are still shedding jobs at a heavy rate, a trend that points to a slow and prolonged recovery from the recession. The number of laid-off workers seeking unemployment benefits barely fell last...

A passer-by holding a mobile device walks past a store window, Tuesday, June 16, 2020, in Cambridge, Mass. According to the Commerce Department U.S. retail sales jumped by a record 17.7% from April to May, with spending partially rebounding after the coronavirus had shut down businesses, flattened the economy and paralyzed consumers during the previous two months. (AP Photo/Steven Senne)

US shoppers returned with vigor in May in partial rebound

Jun. 16, 2020 1:46 PM EDT

BALTIMORE (AP) — American shoppers ramped up their spending on store purchases by a record 17.7% from April to May, delivering a dose of energy for retailers that have been reeling since the coronavirus shut down businesses, flattened the economy and paralyzed consumers during the previous two months. The...

People walk with bags after shopping at the Selfridges department store in London, Monday, June 15, 2020. After three months of being closed under coronavirus restrictions, shops selling fashion, toys and other non-essential goods are being allowed to reopen across England for the first time since the country went into lockdown in March.(AP Photo/Matt Dunham)

'We've missed it': Long lines form outside shops in England

Jun. 15, 2020 12:14 PM EDT

LONDON (AP) — For many in England, it's been a day of much-needed retail therapy. Long lines stretched down streets in England on Monday as shops selling items considered as nonessential during the coronavirus pandemic, such as sneakers and toys, welcomed customers for the first time since the U.K. was put...

FILE - This Feb. 16, 2010 file photo shows the headquarters of the Simon Property Group in downtown Indianapolis.  Simon Properties said Wednesday, June 10, 2020,  that it is pulling out of its $3.6 billion to buy rival Taubman, citing the coronavirus pandemic which has forced many malls to temporarily close their doors. It is the second major retail deal to fall apart due to the pandemic. (Danese Kenon/The Indianapolis Star via AP, File)

Buyer's remorse: Mall deal implodes as virus shakes retail

Jun. 10, 2020 7:14 PM EDT

NEW YORK (AP) — The nation’s largest mall owner is backing out of a $3.6 billion deal to buy a major rival as the coronavirus pandemic shakes the retail industry. Simon Property Group announced it would buy Taubman Centers in early February, just weeks before the Centers for Disease Control and...

Army Navy Surplus store closing after 83 years in Newport

Jun. 8, 2020 2:55 PM EDT

NEWPORT, R.I. (AP) — Citing declining sales, an Army-Navy surplus store that's been around for more than 80 years is closing its doors. The Army Navy Surplus store in Newport has experienced a steady decrease in business for years, the Newport Daily News reported. The store first opened in 1937 by Allie...