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US Q2 in brief - Ross Stores, L Brands, TJX Companies

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. L Brands has booked a US$49.6m net loss for the period, while Kohl's posted a 22.9% decline in net sales. Elsewhere, Target Corp saw total revenue grow by 24.7% in the quarter and reported its strongest comparable sales growth to date. 

Tags: companies stores brands ross

 

US Q2 in brief - Foot Locker, Ross Stores, L Brands

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. Foot Locker saw net income tumble by a quarter on last year, while L Brands has booked a US$49.6m net loss for the period. Elsewhere, Kohl's posted a 22.9% decline in net sales, while Target Corp, however, saw total revenue grow by 24.7% in the quarter.

Tags: l stores brands foot

 
 

US Q2 in brief - Cato Corp, Foot Locker, Ross Stores

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. Cato Corp has reported net loss of US$7.2m, while Foot Locker saw net income tumble by a quarter on last year. Elsewhere, L Brands has booked a $49.6m net loss for the period and Kohl's saw sales decline by 22.9%.

Tags: stores foot corp ross

 

John Lewis unlikely to reopen all stores

2020-07-02 15:09:00| Daily apparel & textile news and comment - from just-style.com

UK department store retailer John Lewis & Partners is planning to close some stores permanently, in addition to one of its London headquarters, in response to the coronavirus crisis.

Tags: john stores lewis reopen

 

John Lewis unlikely to ever reopen all stores

2020-07-02 15:09:00| Daily apparel & textile news and comment - from just-style.com

UK department store retailer John Lewis & Partners is planning to close some stores permanently, in addition to one of its London headquarters, in response to the coronavirus crisis.

Tags: john stores lewis reopen

 

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