Jill Granoff is stepping down as CEO of Kenneth Cole Productions. According to a company press release the decision was a mutual agreement between Granoff and the board of directors.
Disney Consumer Products has partnered with Nordstrom to launch a new line of children's apparel, accessories and footwear in honor of the 45th anniversary of the "it's a small world" attraction at Disneyland.
Delivering its fourth consecutive year of double-digit earnings per share growth, Gap Inc. reported earnings per share for fiscal year 2010 increased 19% to $1.88 on a diluted basis compared with $1.58 on a diluted basis for fiscal year 2009. Net earnings grew by $102 million to $1.2 billion.
JCPenney reported income from continuing operations of $1.09 per share for the quarter ended Jan. 29. Comparable-store sales for the quarter grew 4.5%.
The Bon-Ton Stores announced the signing of a license and design agreement with Mambo Graphics PTY LTD for the exclusive launch of the Mambo brand in the United States.
Limited Brands reported Thursday that its jumped 27% to $452.3 million in the fourth quarter, compared with $356.1 million in the year-ago period, on strong sales and healthy margins.
Kohl’s reported that net income for the fourth quarter increased 14% to $493 million, or $1.66 per diluted share, compared with $431 million, or $1.40 per diluted share, a year ago.