Home textiles financial & business news, retailers, manufacturers, suppliers

Stein Mart closes 2012 on high note, revs up for e-commerce

HTT Staff, May 6, 2013
Jacksonville, Fla. -- Stein Mart reported steady increases in sales and net income in the recent fiscal year, paving the way for the company to break into ecommerce. More
Cotton price 85 cents

HTT Staff, May 6, 2013
New York - Friday's end of day price on Cotton #2 futures for May contracts was 85 cents. The price on July contracts was 86 cents.

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WestPoint EBIDTA improved in Q1

HTT Staff, May 3, 2013
New York - Although sales dropped during the first quarter, WestPoint Home's EBITDA (earnings before interest, tax, depreciation, tax and amortization) improved by $4 million thanks to improved margins and lower overhead, according to parent company Icahn Enterprises. More
Home a driver for HSNi, HSN and Cornerstone in Q1

HTT Staff, May 3, 2013
St. Petersburg, Fla. - Home goods proved an important component of sales in the first quarter for HSN Inc., and within its two divisions, HSN and Cornerstone - especially for the latter, which experienced double-digit growth. More
Cotton price 84 cents

HTT Staff, May 3, 2013
New York - Yesterday's end of day price on Cotton #2 futures for May contracts was 84 cents. The price on July contracts was 86 cents. More
Cotton price 82 cents

HTT Staff, May 2, 2013
New York - Yesterday's end of day price on Cotton #2 futures for May contracts was 82 cents. The price on July contracts was 84 cents.

More
Now What Does JCP Do?

Warren Shoulberg, May 2, 2013
The irony that this lyric is from a song called “Won’t Get Fooled Again,” will probably not be lost on most people in the home textiles industry who now have to deal with yet another entirely different merchandising scenario at JC Penney following Ron Johnson’s departure last week and the return of former ceo Mike Ullman. More
Cotton price 86 cents

HTT Staff, May 1, 2013
New York - Yesterday's end of day price on Cotton #2 futures for May contracts was 86 cents. The price on July contracts was 87 cents. More
MSLO terse on Macy's, JCPenney

HTT Staff, April 30, 2013
New York - The rollout of Martha Stewart merchandise that began earlier this month at JCPenney stores will continue well into the second quarter, but with Macy's still litigating against the deal, Martha Stewart Living Omnimedia said today there is too much uncertainty around the arrangement to forecast potential revenues from JCP. More
Burlington Coat Factory making progress

HTT Staff, April 30, 2013
Burlington, N.J. - Burlington Coat Factory reported its consecutive year of growth for EBITDA (earnings before interest, tax, depreciation and amortization. More
NRF: Mother's Day spending to jump

HTT Staff, April 30, 2013
Washington - Mother's Day spending is expended to climb 11% year-over-year to an average of $168.94 - for a total retail of $20.7 billion. Electronics are largely responsible for expanding family budgets for the holiday, according to the National Retail Federation. More
Cotton price 84 cents

HTT Staff, April 30, 2013
New York - Yesterday's end of day price on Cotton #2 futures for May contracts was 84 cents. The price on July contracts was 86 cents.

More
Cotton price 82 cents

HTT Staff, April 29, 2013
New York - Yesterday's end of day price on Cotton #2 futures for May contracts was 82 cents. The price on July contracts was 84 cents.

More
Tuesday Morning ekes out net sales, comp increases

Home Textiles Today Staff, April 26, 2013
Dallas - While admittedly still on a road to recovery, Tuesday Morning Corporation made some right moves in its third quarter that helped motivate comps and net sales even as it widened its net loss. More
Burlington Coat Factory Q4 dampened by Sandy

Home Textiles Today Staff, April 26, 2013
Burlington, N.J. - Damage from Hurricane Sandy, the Category 2 storm that barged through New York and New Jersey on Oct. 29, was largely blamed for hampering Burlington Coat Factory Corp.'s fourth quarter results. More
Cotton price 81 cents

Home Textiles Today Staff, April 26, 2013
New York -- Yesterday's end-of-day price on Cotton #2 futures for May contracts was 81 cents. The price on July contracts was 83 cents. More
Cotton price 81 cents

Home Textiles Today Staff, April 25, 2013
New York -- Yesterday's end-of-day price on Cotton #2 futures for May contracts was 81 cents. The price on July contracts was 83 cents. More
Iconix Brand Group posts "record Q1"

Home Textiles Today Staff, April 24, 2013
New York -- Iconix Brand Group Inc. today reported "record results" for its first quarter, as revenue and net income each enjoyed double-digit percentage growth. More
Cotton price 83 cents

Home Textiles Today Staff, April 24, 2013
New York -- Yesterday's end-of-day price on Cotton #2 futures for May contracts was 83 cents. The price on July contracts was 85 cents. More
Hollander buying Louisville Bedding retail business

Home Textiles Today Staff, April 23, 2013
Boca Raton, Fla. - In one of the biggest blockbuster deals the home textiles industry has seen since the go-go days of a decade ago, Hollander Home Fashions is buying the retail products business of Louisville Bedding Co. More

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