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Levi Strauss closes half China stores over coronavirus

2020-01-31 14:11:00| Daily apparel & textile news and comment - from just-style.com

Denim giant Levi Strauss & Co expects the coronavirus outbreak in China to knock revenues in the first quarter of 2020 and is understood to have shut about half of its stores in the country amid the epidemic.

Tags: china half stores closes

 

US Q4 in brief - Ross Stores, Nordstrom, Urban Outfitters, Kohl'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, Ross Stores has delivered "strong sales and earnings growth", while Urban Outfitters reported a drop in fourth-quarter earnings. Elsewhere, department store retailer Target Corp has booked a rise in both total revenue and net earnings, sales at Crocs have increased by 21.8%, and JCPenney said it expects to close at least six stores in the year ahead following a drop in fourth-quarter sales and net income. 

Tags: stores urban ross outfitters

 
 

US Q4 in brief - Abercrombie & Fitch, Dollar Tree, Ross Stores, Nordstrom

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, Ross Stores has delivered "strong sales and earnings growth", while Urban Outfitters reported a drop in fourth-quarter earnings. Elsewhere, department store retailer Target Corp has booked a rise in both total revenue and net earnings, sales at Crocs have increased by 21.8%, and JCPenney said it expects to close at least six stores in the year ahead following a drop in fourth-quarter sales and net income. 

Tags: stores tree dollar ross

 

US Q4 in brief - Burlington Stores, Kontoor Brands, American Eagle Outfitters

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, Burlington Stores CEO Michael O'Sullivan said the company is "pleased" with its results, American Eagle Outfitters has booked a 6% rise in total revenue, while Ross Stores has delivered "strong" sales and earnings growth. Elsewhere, Urban Outfitters has reported a drop in fourth-quarter profit, while department store retailer Target Corp has posted a rise in both total revenue and net earnings.

Tags: american stores brands eagle

 

US Q4 in brief - Dick's Sporting Goods, Weyco Group, Burlington Stores

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, Dick's Sporting Goods CEO Edward Stack said the company is "very pleased" with its "strong" results, American Eagle Outfitters has booked a 6% rise in total revenue, while Ross Stores has delivered "strong" sales and earnings growth. Elsewhere, Urban Outfitters has reported a drop in fourth-quarter profit, while department store retailer Target Corp has posted a rise in both total revenue and net earnings.

Tags: group stores goods sporting

 

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