Article: THE $1 BILLION MARK, AND GROWING.(clothing industry)

Byline: Meredith Derby

NEW YORK - Call it the $1 billion club.

Due to successful store growth initiatives, a steadily recovering economy and a strong fashion cycle, a growing number of specialty apparel retailers joined the club by posting significant billion-dollar revenue benchmarks in the most recent fiscal year. Moreover, several other companies in this sector - the most volatile, thanks to its picky core customers - are poised to hit $1 billion in sales this year.

Urban Outfitters Inc., for example, reported early last month that annual sales went over $1 billion for the first time to $1.1 billion, while Aropostale Inc. watched fiscal-year ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!