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US Q1 in brief - J.Jill, Francesca's, Macy's

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. Francesca's has reported a 50% drop in net sales, while Macy's, Inc has posted a US$3.58bn loss. Elsewhere, while Stein Mart booked a 57% tumble in sales and PVH Corp has reported an "unprecedented" decline in revenue and earnings.

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