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US Q2 in brief - Boot Barn Holdings, Weyco Group, Express
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. Columbia Sportswear has reported a net loss of US$50.7m, while both HanesBrands and Crocs have booked profit increases, despite a fall in sales. Elsewhere, Steve Madden has recorded a 68.2% drop in revenue.
US Q2 in brief - Wolverine World Wide, Boot Barn Holdings, Weyco
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. Footwear maker Weyco has reported a net loss of US$8.9m, while losses at Columbia Sportswear amounted to $50.7m. Elsewhere, both HanesBrands and Crocs have booked profit increases, despite a fall in sales.
US Q2 in brief - Wolverine World Wide, Boot Barn Holdings
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. Footwear maker Weyco has reported a net loss of US$8.9m, while losses at Columbia Sportswear amounted to $50.7m. Elsewhere, both HanesBrands and Crocs have booked profit increases, despite a fall in sales.
US Q2 in brief - Kontoor Brands, Wolverine World Wide, Boot Barn Holdings
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. Kontoor Brands has reported a net loss of US$33.3m amid a sales slump of 43%, while Wolverine World Wide has posted second-quarter results that CEO Blake Krueger said were much stronger than expected. Elsewhere, footwear maker Weyco has booked a net loss of US$8.9m, while losses at Columbia Sportswear amounted to $50.7m.
US Q2 in brief - Boot Barn Holdings, Lands' End, VF Corp
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 - including G-III Apparel Group and American Eagle Outfitters - 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. Elsewhere, VF Corp has seen net income tumble 60% to US$256.7m.