May 10, 2013 |
True Religion Apparel Inc., the Southern California purveyor of pricey designer denim, may have gotten too small for its britches. More than half a year after putting itself up for sale amid growth struggles and fluctuating stock, the high-end-jeans seller said its board unanimously accepted an $835-million takeover offer from investment firm TowerBrook Capital Partners. The $32-a-share deal for the Vernon label represents an 8.7% premium on Thursday's $29.44-a-share closing price and a 52% increase from the stock price Oct. 9, the day before True Religion said it would explore strategic alternatives.
July 3, 2003 |
Sales of laptop computers in U.S. stores in May outpaced those of desktop computers for the first time, according to a survey by market research firm NPD Group. Laptops accounted for more than 54% of the nearly $500 million in retail computer sales in May, the Port Washington, N.Y., company said Wednesday. That compares with January 2000, when laptops represented less than 25% of sales volume, NPD said.
March 18, 2010 |
Everyone loves Zankou Chicken. Families line up at the little restaurant chain's counters for moderately priced rotisserie entrees. Critics as far away as New York have swooned over its secret garlic sauce, and the Zagat Guide has called its chicken dinner "the single best takeout dish in town." Zankou was even mentioned in a Beck song, "Debra." So why has expansion of the chain, which debuted in Hollywood in 1984 and once had dreams of spreading across the nation and even to Europe, been so tough?
June 23, 2012 |
Like most guys, Eric Lugo wants to look handsome. But he doesn't want to be caught applying makeup. So the 26-year-old uses skin-care products with names like Kiehl's Facial Fuel and Lab Series' Power Brightening Serum. "I want to keep myself up and maintain my looks, but I'd never use anything that looks like it's made for my girlfriend," the Los Angeles banker said. "This stuff looks like it's for guys, not girlie at all, so I feel OK using it. " Retailers are seeing a booming market in cosmetics and skin care for men. But they face one big challenge - most guys are squeamish about products that seem too feminine.
December 10, 2011
1. Call of Duty: Modern Warfare 3 (Activision Blizzard) 2. Elder Scrolls V: Skyrim (Bethesda Softworks) 3. Battlefield 3 (Electronic Arts) 4. Assassin's Creed: Revelations (Ubisoft) 5. Just Dance 3 (Ubisoft) 6. Madden NFL 12 (Electronic Arts) 7. Uncharted 3: Drake's Deception (Sony) 8. Saints Row: The Third (THQ) 9. The Legend of Zelda: SkywardSword (Nintendo) 10. Batman: Arkham City (Warner Bros. Interactive) *Rankings are based on North American sales of games sold as discs.
November 11, 2012 |
Within three weeks of its launch at Barneys in New York and Los Angeles in October, more than 30 jars of 3LAB's new Super Cream had sold - this despite its $875 price tag. Elsewhere in the beauty market, demand is soaring for a $560 Bee Venom Mask newly introduced to the U.S. from British brand Heaven Skin Care. And Carita's $600 Diamond Cream, the brand's signature product, was reformulated and relaunched this year because of customer demand. In what may be an indicator that consumer confidence is on the rebound, there is a resurgence in the market for high-end creams and serums - priced $125 and up - and, according to retailers, there's no shortage of people to buy them.
February 9, 2001 |
School uniform sales grew by 22% over the last two years, reaching $1.1 billion in 2000, according to NPD Group Inc., a Port Washington, N.Y.-based research firm. A survey of 9,000 U.S. households found that 14% of respondents with school-age children had at least one child who is required to wear a uniform. Uniforms now account for 5% of the $20.4-billion children's apparel market. NPD described uniform sales as a "significant share" of the overall children's apparel market.
October 6, 2004 |
Most Americans are planning to curb their holiday spending this year, making it a challenging shopping season for U.S. retailers, according to a holiday buying survey by NPD Group. Nine out of 10 consumers said they would spend the same amount as or less than they did in 2003. Americans plan to spend an average of $655 this holiday season, the survey showed Tuesday.
December 30, 2013 |
While Apple and Microsoft saw their share of laptops sold to businesses and other organizations in the U.S. decrease in 2013, Google dramatically increased its portion of sales. From January through November, Google sold 1.76 million Chromebook laptops in the U.S., up from 400,000 during the same period in 2012, according to a recent report by NPD Group . that tracked sales through commercial channels. That includes devices that were sold to businesses, government agencies, schools and other organizations.