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US Q1 in brief - Burlington Stores, Nordstrom, Abercrombie & Fitch

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. Ross Stores reported its first quarterly operating loss in more than 30 years, Macy's saw a "precipitous decline" in sales, and TJX Companies sales more than halved.

Tags: stores burlington fitch nordstrom

 

Abercrombie & Fitch assesses Covid-19 supply chain impact

2020-03-05 13:33:00| Daily apparel & textile news and comment - from just-style.com

Abercrombie & Fitch says there is "significant uncertainty" across the industry resulting from coronavirus (Covid-19) as the US teen fashion retailer assesses the potential impact to its global supply chain.

Tags: supply impact chain supply chain

 
 

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 - American Eagle Outfitters, Abercrombie & Fitch, Dollar Tree

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, American Eagle Outfitters has booked a 6% rise in total revenue, while Ross Stores has delivered "strong sales and earnings growth", and 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: american tree dollar eagle

 

Abercrombie & Fitch Says Its Willing to Walk Away from Any Mall

2020-01-16 20:26:00| National Real Estate Investor

The apparel retailers CFO said the chains executives were willing to walk away from any mall at this point.

Tags: walk mall amp fitch

 

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