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US Q3 in brief - American Eagle Outfitters, Chico's FAS, Abercrombie & Fitch

2020-09-23 18:35:00| Daily apparel & textile news and comment - from just-style.com

The latest third-quarter filings from US apparel and footwear brands and retailers are a mixed bag, with some companies beginning to recover from the market disruption caused by the Covid-19 pandemic, while others are continuing to struggle. Urban Outfitters has seen profits jump 38%, while L Brands is back in the black, and Shoe Carnival has delivered the most profitable quarter in its history. Elsewhere, American Eagle Outfitters saw net income fall 28%, and Chico's FAS widened its net loss.

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Chico's Canada adds to raft of bankruptcy filings

2020-08-03 13:13:00| Daily apparel & textile news and comment - from just-style.com

The Canadian arm of fashion retailer Chico's FAS has filed for bankruptcy, resulting in the closure of ten stores.

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Langenstein named chief in Chico's FAS shakeup

2020-05-04 12:04:00| Daily apparel & textile news and comment - from just-style.com

US women's wear retailer Chico's FAS has outlined a leadership shakeup that sees Molly Langenstein, president of its two largest brands, promoted to group president and CEO, amid a "significant" restructure of the overall organisation. 

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Chico's FAS outlines store reopening plan

2020-04-29 13:37:00| Daily apparel & textile news and comment - from just-style.com

US women's wear retailer Chico's FAS has outlined a reopening plan for North America and cited double-digit digital sales growth in the six weeks since the company became a digital-only business as a result of the Covid-19 pandemic.

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US Q1 in brief -Guess, Chico's FAS, Oxford Industries,

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. Guess, Inc has widened its GAAP net loss, sales at Genesco were down by 44%, while those at Zumiez tumbled by more than a third. Elsewhere, Lands' End has widened its net loss, and Ross Stores has reported its first quarterly operating loss in more than 30 years.

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