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US Q1 in brief - Macy's, Stein Mart, Francesca'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. Macy's, Inc has posted a US$3.58bn�loss, while Stein Mart reported a�57% tumble in sales.�Elsewhere, PVH�Corp has reported�an "unprecedented" decline in revenue and earnings and sales�at Zumiez have fallen by more�than a third. [ more ]

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