True Religion Apparel Inc's results topped analysts' lowered expectations even as sales at stores open for more than a year fell 4.7 percent. Third-quarter earnings rose to $12.3 million, or 49 cents per share, from $12.
Activist investor Clinton Group said it will no longer push for a sale of Wet Seal Inc (WTSLA.O), which it won control of last week, but will instead focus on turning around the women's clothing retailer.
Jeans maker True Religion Apparel Inc, which has been hit by falling sales, said it may sell itself, after receiving interest from potential buyers. Shares in the company jumped 28 percent to $26.88 in premarket trade...
Taking a cue from the women's lines which command center stage at New York's Fashion Week, looks for men waxed casual, hewing towards leisure and athletic wear, with an emphasis on colors and patterns.