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Wealth inequality rises even as wage gap narrows
2020-08-03 01:13:38| BBC News | Business | UK Edition
Although the gap in wages is narrowing, inequalities in wealth across the UK are rising.
Gap Inc to compensate suppliers in full for cancelled orders
2020-07-13 14:40:00| Daily apparel & textile news and comment - from just-style.com
US specialty apparel retailer Gap Inc says it will�work collaboratively with its vendors to compensate them in full for finished goods and goods in production that were cancelled or subject to pack and hold.
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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%.
US Q2 in brief - Gap Inc, Abercrombie & Fitch, Express Inc
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, 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.
US Q2 in brief - Shoe Carnival, Gap Inc, Abercrombie & Fitch
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, 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.
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