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Apparel industry Q1 results in brief: Aeropostale, New York & Co, Bon-Ton

2015-05-22 12:02:00| Daily apparel & textile news and comment - from just-style.com

The first quarter revealed that retail revenues compared to expectations fared far worse than earnings expectations amongst apparel retailers, according to Ken Perkins of Retail Metrics. Aeropostale booked a mixed quarter as losses narrowed but sales slid nearly 20%. New York & Co is optimistic it can return to profit in its next quarter after its losses widened. Bon-Ton Stores also widened its net loss, while Ross Stores reported better-than-expected results for the quarter.

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