Revamping efforts at Pacific Sunwear of California Inc, which has been missing out on key fashion trends, are taking longer than expected as the teen retailer forecast disappointing sales compared with its peers, pushing its shares down 6 percent after the bell.
Apparel chain Zara, ranks most important of Inditex group's brands on Facebook. It occupies fifteenth place out of the top 50 brands in the world, with the greatest number of fans on the social networking site.
Apparel and accessories brand Bimba & Lola will launch online store later this month, a move recently adopted by other Spanish labels, Zara and Desigual. All EU countries will then be able to access the beautiful A/W pieces.