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US Q1 in brief - Macy's, Stein Mart, Francesca's

2020-04-08 18:24:00| Daily apparel & textile news and comment - from just-style.com

In the latest first-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. Macy's, Inc has posted a US$3.58bn�loss, while Stein Mart reported a�57% tumble in sales.�Elsewhere, PVH�Corp has reported�an "unprecedented" decline in revenue and earnings and sales�at Zumiez have fallen by more�than a third.

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Stein Mart to be privatised following acquisition

2020-02-04 11:35:00| Daily apparel & textile news and comment - from just-style.com

Off-price fashion retailer Stein Mart is to go private after striking a deal for its takeover by a private equity firm.

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US Q4 in brief - Genesco, Stein Mart, Tilly's

2020-01-31 13:29:00| Daily apparel & textile news and comment - from just-style.com

In the latest fourth-quarter filings from US apparel and footwear brands and retailers, Genesco has reported flat net sales, while�Tilly's�has booked�its first negative comp quarter in over three and a half years. Elsewhere,�Express�has widened its net loss, Dick's Sporting Goods�CEO�Edward Stack�said the company is�"very pleased" with its "strong" results, and American Eagle Outfitters has booked a 6% rise in total revenue.

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US Q4 in brief - The Buckle, Zumiez, Genesco, Stein Mart

2020-01-31 13:29:00| Daily apparel & textile news and comment - from just-style.com

In the latest fourth-quarter filings from US apparel and footwear brands and retailers, denim specialist The Buckle has�reported a rise in both earnings and revenue,�Genesco has posted�flat net sales, while�Tilly's�has booked�its first negative comp quarter in over three and a half years. Elsewhere,�Express�has widened its net loss, Dick's Sporting Goods�CEO�Edward Stack�said the company is�"very pleased" with its "strong" results, and American Eagle Outfitters has booked a 6% rise in total revenue.

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