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US Q2 in brief - Kohl's, Walmart, Sequential Brands Group

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. Kohl's had posted a 22.9% decline in net sales, while Iconix Brand Group saw sales slump by more than a third. Elsewhere, Walmart has posted a 5.6% rise in in total revenue, while Dillard's has narrowed its net loss.

Tags: group brands sequential walmart

 

US Q1 in brief - Sequential Brands, Dillard's, Iconix Brand Group

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, Under Armour and Kontoor Brands have reported net losses amid the Covid-19 pandemic, while footwear maker Weyco expects the shutdowns and global economic slowdown caused by the crisis to continue to adversely impact its businesses during 2020. Elsewhere, Carter's CEO Michael Casey said the pandemic will weigh on the growth it had planned this year as the firm reported a net loss for the first quarter.

Tags: group brand brands sequential

 
 

Former True Religion CEO to lead Sequential Brands

2020-01-13 11:25:00| Daily apparel & textile news and comment - from just-style.com

Sequential Brands Group, owner of Joe's, Ellen Tracy, Jessica Simpson, And 1, William Rast and Heelys, has named former True Religion boss, David Conn, as its new CEO.

Tags: true lead brands religion

 

Sequential Brands explores strategic alternatives

2019-10-14 12:48:00| Daily apparel & textile news and comment - from just-style.com

Sequential Brands Group, owner of Joe's, Ellen Tracy, Jessica Simpson, And 1, William Rast and Heelys, is investigating options for the business, including the possible sale of some brands.

Tags: brands strategic alternatives sequential

 

Samsung profit drops steeply in Q2 but results show sequential improvement

2019-10-08 08:59:00| Telecompaper Headlines

(Telecompaper) Samsung Electronics has provided an earnings guidance for the third quarter, with revenues and profit seen lower year-on-year, but higher on a sequential basis. Samsung said it expects revenues at KRW 61-63 trillion, off from last year's 65.46 trillion but better than the 56.13 trillion reported in the second quarter. The consolidated profit meanwhile is expected at KRW 7.6-7.8 trillion, a steep drop from the record figure of 17.57 trillion achieved the year before. Compared to the previous quarter's KRW 5.18 trillion however, the number is an improvement. 

Tags: show results improvement samsung

 

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