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$PVH said revenues in its biggest segment Tommy Hilfiger, which comprises 41% of total revenue, declined 4.5% to $887.6MM in 3Q15. Revenues in the Calvin Klein segment declined 0.26% to $814.1MM and revenues in the Heritage Brands segment declined 5% to $462.8MM during 3Q15.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.