Teen-clothing retailer Pacific Sunwear of California Inc posted a strong third quarter, but saw demand fall off a cliff in recent weeks, sending the stock tumbling 20 percent in trading after the bell.
Shares in Richemont, the world's second largest luxury goods group, surged after a series of brokers raised their price targets and upgraded their ratings for the group after a strong set of first-half results.
Debt-laden Mariella Burani Fashion Group is weighing taking on a strategic investor after it failed to close a debt restucturing accord ahead of a Monday 16 November deadline, the luxury goods company said.
Swedish fashion retailer Hennes & Mauritz posted an unexpected 3 percent drop at established stores in October, blaming weak sales in some of its major markets on the global downturn and knocking its shares.
Shares of youth apparel retailer rue21 Inc rose in their debut on the Nasdaq, opening 26.3 percent over its initial public offering and putting the company on pace for one of the biggest first-day performances of an IPO this year.