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US Q2 in brief - Express Inc, Dick's Sporting Goods, The Children's Place
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. Both Nordstrom and The Children's Place swung to a net loss, while Urban Outfitters has reported a 43% drop in net income. Elsewhere, Foot Locker saw earnings tumble by a quarter on last year and Kohl's saw sales decline by 22.9%.
US Q2 in brief - Gap Inc, Express Inc, The Children's Place
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. Both Nordstrom and The Children's Place swung to a net loss, while Urban Outfitters has reported a 43% drop in net income. Elsewhere, Foot Locker saw earnings tumble by a quarter on last year and Kohl's saw sales decline by 22.9%.
The Children's Place to close 300 stores in fleet optimisation drive
2020-06-15 13:20:00| Daily apparel & textile news and comment - from just-style.com
After booking a net loss of US$114.8m compared with a profit last year and a 38.1% plunge in first-quarter net sales, The Children's Place has marked 300 stores for closure over the next 20 months.
Tags: place
close
drive
stores
The Children's Place to close 300 stores
2020-06-15 13:20:00| Daily apparel & textile news and comment - from just-style.com
After booking a net loss of US$114.8m compared with a profit last year and a 38.1% plunge in first-quarter net sales, The Children's Place has marked 300 stores for closure over the next 20 months.
Tags: place
close
stores
childrens
UNICEF issues guidance on children's rights for garment firms
2020-06-11 14:03:00| Daily apparel & textile news and comment - from just-style.com
Global children's charity UNICEF and Norges Bank Investment Management (NBIM) have partnered to help clothing and footwear companies better address children's rights in their global supply chains.
Tags: rights
issues
firms
guidance