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US Q2 in brief - Foot Locker, Kontoor Brands, Wolverine Worldwide
2020-07-08 12:22:00| Daily apparel & textile news and comment - from just-style.com
In the latest second-quarter filings from US apparel and footwear brands and retailers, the impact of the global coronavirus pandemic and widespread store closures can be clearly seen. Kontoor Brands has reported a net loss of US$33.3m amid a sales slump of 43%, while Wolverine Worldwide has posted second-quarter results that CEO Blake Krueger said were much stronger than expected. Elsewhere, footwear maker Weyco has booked a net loss of US$8.9m, while losses at Columbia Sportswear amounted to $50.7m.
Tags: brands
worldwide
foot
locker
US Q2 in brief - Iconix Brand Group, Foot Locker, Kontoor Brands
2020-07-08 12:22:00| Daily apparel & textile news and comment - from just-style.com
In the latest second-quarter filings from US apparel and footwear brands and retailers, the impact of the global coronavirus pandemic and widespread store closures can be clearly seen. Iconix Brand Group saw sales slump by more than a third, while Kontoor Brands has reported a net loss of US$33.3m amid a sales fall of 43%. Elsewhere, Wolverine Worldwide has posted second-quarter results that CEO Blake Krueger said were much stronger than expected.
US Q2 in brief - Dillard's, Iconix Brand Group, Foot Locker
2020-07-08 12:22:00| Daily apparel & textile news and comment - from just-style.com
In the latest second-quarter filings from US apparel and footwear brands and retailers, the impact of the global coronavirus pandemic and widespread store closures can be clearly seen. Iconix Brand Group saw sales slump by more than a third, while Kontoor Brands has reported a net loss of US$33.3m amid a sales fall of 43%. Elsewhere, Wolverine Worldwide has posted second-quarter results that CEO Blake Krueger said were much stronger than expected.
US Q2 in brief - Foot Locker, Ross Stores, L Brands
2020-07-08 12:22:00| Daily apparel & textile news and comment - from just-style.com
In the latest second-quarter filings from US apparel and footwear brands and retailers, the impact of the global coronavirus pandemic and widespread store closures can be clearly seen. Foot Locker saw net income tumble by a quarter on last year, while L Brands has booked a US$49.6m net loss for the period. Elsewhere, Kohl's posted a 22.9% decline in net sales, while Target Corp, however, saw total revenue grow by 24.7% in the quarter.
US Q2 in brief - Cato Corp, Foot Locker, Ross Stores
2020-07-08 12:22:00| Daily apparel & textile news and comment - from just-style.com
In the latest second-quarter filings from US apparel and footwear brands and retailers, the impact of the global coronavirus pandemic and widespread store closures can be clearly seen. Cato Corp has reported net loss of US$7.2m, while Foot Locker saw net income tumble by a quarter on last year. Elsewhere, L Brands has booked a $49.6m net loss for the period and Kohl's saw sales decline by 22.9%.