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US Q1 in brief - Vince Holding Corp, The Children's Place, PVH Corp

2020-04-08 18:24:00| Daily apparel & textile news and comment - from just-style.com

In the latest first-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. PVH Corp has reported an "unprecedented" decline in revenue and earnings, while Guess, Inc has widened its GAAP net loss, and sales at Genesco were down by 44%. Elsewhere, sales at Zumiez tumbled by more than a third and Ross Stores has reported its first quarterly operating loss in more than 30 years.

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PVH completes US$170m sale of Speedo North America

2020-04-06 19:16:58| Daily apparel & textile news and comment - from just-style.com

Apparel giant PVH Corp has completed the sale of its Speedo North America swimwear business to Pentland Group, parent company of Speedo International, for $170m.

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PVH Corp redeploying and repurposing inventories

2020-04-06 18:24:00| Daily apparel & textile news and comment - from just-style.com

Apparel giant PVH Corp, owner of the Calvin Klein and Tommy Hilfiger brands, is trying to offset the fallout from store closures across North America and Europe by reducing and redeploying its inventory commitments.

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PVH closes majority of China stores on coronavirus

2020-02-13 11:48:00| Daily apparel & textile news and comment - from just-style.com

Apparel giant PVH Corp has temporarily closed the majority of its Calvin Klein and Tommy Hilfiger stores in China amid the coronavirus outbreak. 

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US Q4 in brief - PVH Corp, Iconix Brand Group, Oxford Industries

2020-01-31 13:29:00| Daily apparel & textile news and comment - from just-style.com

In the latest fourth-quarter filings from US apparel and footwear brands and retailers, PVH Corp has reported a net loss, Oxford Industries has booked its twelfth consecutive quarter of positive comparable sales, while G-III Apparel Group saw profit rise but revenue fall. Elsewhere, Guess CEO Carlos Alberini has hailed a "strong" performance, and Lands' End has reported increases in both earnings and revenue. 

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