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US Q2 in brief - L Brands, Nordstrom, Target Corp, The Children's Place

2019-07-10 11:16:00| Daily apparel & textile news and comment - from just-style.com

In the latest second-quarter filings from US apparel and footwear brands and retailers, department store retailer Target Corp has reported a 17.4% jump in earnings, Urban Outfitters booked a drop in both earnings and revenue, while Weyco warned it expects the extra 10% tariff to be imposed on $300bn worth of US imports from China to increase the overall cost of its shoes. Elsewhere, JC Penney CEO Jill Soltau said she is pleased with the results the retailer has delivered in the quarter.

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