je.st
news
Apparel industry Q1 results in brief: Pacific Sunwear, Destination XL
2015-05-22 12:02:00| Daily apparel & textile news and comment - from just-style.com
The first quarter revealed that retail revenues compared to expectations fared far worse than earnings expectations amongst apparel retailers, according to Ken Perkins of Retail Metrics. Brown Shoe Co said the quarter exceeded its expectations, while Belk said investment expenses continue to impact earnings. Aeropostale booked a mixed quarter as losses narrowed but sales slid nearly 20%. New York & Co is optimistic it can return to profit in its next quarter after its losses widened.
Tags: results
industry
apparel
pacific
Category:Consumer Goods and Services
Latest from this category |
All news |
||||||||||||||||||
|
|||||||||||||||||||