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US Q4 in brief: Kate Spade & Co, Dollar Tree, Crocs, Foot Locker, JC Penney
2016-02-11 10:44:00| Daily apparel & textile news and comment - from just-style.com
In the most recent fourth-quarter filings from US apparel brands and retailers, L Brands, Skechers and Columbia Sportswear published record sales growth and higher earnings, while Macy's and Dollar Tree saw sales trends improve, despite what it says was a "challenging year". Kate Spade & Co posted a mixed performance, while Carter's exceeded its sales and earnings targets. Kohl's said it will close 18 stores after reporting a 20% decline in profit, and both Crocs and JC Penney saw their losses widen.
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Category:Consumer Goods and Services