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US Q1 in brief - Vince Holding Corp, The Children's Place, PVH Corp

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. PVH Corp has reported an "unprecedented" decline in revenue and earnings, while Guess, Inc has widened its GAAP net loss, and sales at Genesco were down by 44%. Elsewhere, sales at Zumiez tumbled by more than a third and Ross Stores has reported its first quarterly operating loss in more than 30 years.

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