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US Q4 in brief: Iconix Brand Group, Finish Line, Phoenix Footwear, Oxford Industries
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, Oxford Industries hailed 2015 as "a good year", while New York & Co moved to a fourth-quarter profit. However, Iconix Brand Group cut its outlook after swinging to a loss, Finish Line saw its net profit plummet 90%, and Phoenix Footwear saw its net loss widen. 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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Category:Consumer Goods and Services