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US Q4 in brief: Destination Maternity, Iconix Brand Group, Finish Line

2016-02-11 10:44:00| Daily apparel & textile news and comment - from just-style.com

In the most recent fourth-quarter filings from US apparel brands and retailers, Destination Maternity saw its loss narrow, while New York & Co moved to a net profit. However, Iconix Brand Group cut its outlook after swinging to a loss, Finish Line saw its net profit plummet 90%, and Phoenix Footwear posted a wider loss. Cato Corp warned 2016 could be a difficult year, while Aeropostale revealed it is exploring exploring strategic options, which could include a sale or restructuring, after seeing its fourth-quarter net loss widen.

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