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US Q1 in brief - Macy's, Stein Mart, Francesca's
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. Macy's, Inc has posted a US$3.58bn loss, while Stein Mart reported a 57% tumble in sales. Elsewhere, PVH Corp has reported an "unprecedented" decline in revenue and earnings and sales at Zumiez have fallen by more than a third.
Stein Mart to be privatised following acquisition
2020-02-04 11:35:00| Daily apparel & textile news and comment - from just-style.com
Off-price fashion retailer Stein Mart is to go private after striking a deal for its takeover by a private equity firm.
Tags: acquisition
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privatised
US Q4 in brief - Genesco, Stein Mart, Tilly's
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, Genesco has reported flat net sales, while Tilly's has booked its first negative comp quarter in over three and a half years. Elsewhere, Express has widened its net loss, Dick's Sporting Goods CEO Edward Stack said the company is "very pleased" with its "strong" results, and American Eagle Outfitters has booked a 6% rise in total revenue.
Tags: stein
mart
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genesco
US Q4 in brief - The Buckle, Zumiez, Genesco, Stein Mart
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, denim specialist The Buckle has reported a rise in both earnings and revenue, Genesco has posted flat net sales, while Tilly's has booked its first negative comp quarter in over three and a half years. Elsewhere, Express has widened its net loss, Dick's Sporting Goods CEO Edward Stack said the company is "very pleased" with its "strong" results, and American Eagle Outfitters has booked a 6% rise in total revenue.
Tags: stein
mart
buckle
genesco