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US Q2 in brief - Lands' End, VF Corp, Vince Holding Corp
2020-07-08 12:22:00| Daily apparel & textile news and comment - from just-style.com
In the latest second-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. Despite many retailers swinging to a loss in the period - including G-III Apparel Group and American Eagle Outfitters - online demand across its brands helped lift comparable sales at specialty clothing retailer Gap Inc, and casual clothing retailer Abercrombie & Fitch bounced back to profit. Elsewhere, VF Corp has seen net income tumble 60% to US$256.7m.
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Category:Consumer Goods and Services