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US Q3 in brief - Walmart, Sequential Brands, Iconix Brand Group
2020-09-23 18:35:00| Daily apparel & textile news and comment - from just-style.com
The latest third-quarter filings from US apparel and footwear brands and retailers are a mixed bag, with some companies beginning to recover from the market disruption caused by the Covid-19 pandemic, while others are continuing to struggle. Walmart has booked a year-on-year rise in both earnings and revenue, while Dillard's has returned to profit after posting a loss in the previous quarter. Elsewhere, Under Armour, has seen profit drop by more than 60% on last year and Steve Madden has swung to a loss.
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Category:Consumer Goods and Services