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US Q2 in brief - Chico's, Caleres, G-III Apparel, Abercrombie & Fitch

2016-07-25 12:27:00| Daily apparel & textile news and comment - from just-style.com

In the most recent second-quarter filings from US apparel and footwear brands and retailers, Sears secured a $300m loan as it moved to a loss, while Urban Outfitters delivered record results. Abercrombie & Fitch widened its net losses but remained optimistic, while Destination Maternity revealed improved losses. Express, meanwhile, delivered what it described as a "disappointing" second-quarter, below management expectations, and Macy's saw a "distinct" improvement in its sales and earnings trends for the quarter. 

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