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US Q3 in brief - Kohl's, Walmart, Sequential Brands
2020-09-23 18:35:00| Daily apparel & textile news and comment - from just-style.com
The latest third-quarter filings from US apparel and footwear brands and retailers are a mixed bag, with some companies beginning to recover from the market disruption caused by the Covid-19 pandemic, while others are continuing to struggle. Walmart has booked a year-on-year rise in both earnings and revenue, while Dillard's has returned to profit after posting a loss in the previous quarter. Elsewhere, Kohl's has swung to a net loss from last year, while Under Armour has seen profit drop by more than 60%.
Tags: brands
sequential
walmart
kohls
US Q3 in brief - Target Corp, Kohl's, Walmart
2020-09-23 18:35:00| Daily apparel & textile news and comment - from just-style.com
The latest third-quarter filings from US apparel and footwear brands and retailers are a mixed bag, with some companies beginning to recover from the market disruption caused by the Covid-19 pandemic, while others are continuing to struggle. Walmart has booked a year-on-year rise in both earnings and revenue, while Dillard's has returned to profit after posting a loss in the previous quarter. Elsewhere, Kohl's has swung to a net loss from last year, while Under Armour has seen profit drop by more than 60%.
Tags: target
corp
walmart
kohls
Kohl's to cut 15% of corporate workforce as Covid-19 bites
2020-09-16 12:17:00| Daily apparel & textile news and comment - from just-style.com
US department store retailer Kohl's is to cut around 15% of its corporate workforce in response to the business impact resulting from the Covid-19 pandemic.
Tags: corporate
cut
workforce
bites
US Q2 in brief - Kohl's, Walmart, Sequential Brands Group
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. Kohl's had posted a 22.9% decline in net sales, while Iconix Brand Group saw sales slump by more than a third. Elsewhere, Walmart has posted a 5.6% rise in in total revenue, while Dillard's has narrowed its net loss.
Tags: group
brands
sequential
walmart
US Q2 in brief - TJX Companies, Target Corp, Kohl's, Walmart
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. Kohl's had posted a 22.9% decline in net sales, while Iconix Brand Group saw sales slump by more than a third. Elsewhere, Target Corp saw total revenue grow by 24.7% in the quarter and reported its strongest comparable sales growth to date.
Tags: companies
target
corp
walmart