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US Q1 in brief - Kontoor Brands, Wolverine World Wide, Weyco Group

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, Kontoor Brands has reported a net loss amid the Covid-19 pandemic, while footwear maker Weyco expects the shutdowns and global economic slowdown caused by the crisis to continue to adversely impact its businesses during 2020. Elsewhere, Carter's CEO Michael Casey said the pandemic will weigh on the growth it had planned this year as the firm reported a net loss for the first quarter.

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