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US Q4 in brief - The Children's Place, Gap Inc, Crocs

2019-02-06 10:25:00| Daily apparel & textile news and comment - from just-style.com

In the latest fourth-quarter filings from US apparel and footwear brands and retailers, Gap announces the closure of 230 of its namesake brand stores and revealed plans spin off the group's Old Navy brand into an independent, publicly traded company, Macy's outlines a new multi-year programme focused on growing its profitability rate amid lower than expected fourth-quarter results, and HanesBrands records its sixth consecutive quarter of revenue growth.

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