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US Q1 in brief - Zumiez, Caleres, The Cato Corporation
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. Sales at Zumiez were down by moe than a third, while those at Express more than halved. Elsewhere, Lands' End has widened its net loss, and Ross Stores has reported its first quarterly operating loss in more than 30 years.
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US Q1 in brief - Vince Holding Corp, The Children's Place, PVH Corp
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. PVH Corp has reported an "unprecedented" decline in revenue and earnings, while Guess, Inc has widened its GAAP net loss, and sales at Genesco were down by 44%. Elsewhere, sales at Zumiez tumbled by more than a third and Ross Stores has reported its first quarterly operating loss in more than 30 years.
US Q1 in brief - Designer Brands, Vince Holding Corp, The Children's Place
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. Designer Brands Inc saw sales tumble 44.7%, while PVH Corp has reported an "unprecedented" decline in revenue and earnings. Elsewhere, Guess, Inc has widened its GAAP net loss, and sales at Zumiez have fallen by more than a third.
Asos in "better position" over peers to weather virus storm - What the analysts say
2020-04-08 14:01:00| Daily apparel & textile news and comment - from just-style.com
UK online fashion retailer Asos has posted a 653% jump in first-half profits to GBP30.1m (US$37.2m) and a 21% jump in revenues to GBP1.6bn for the six months ending 29 February. But the impact of coronavirus and the related containment actions that have been taken are starting to weigh on its numbers, with a 20-25% drop in sales over the last three weeks alone. The retailer has taken a series of steps to future-proof its business including a share sale and the appointment of a new chief strategy officer.
Samsung Galaxy Chromebook: Is the Ultimate Chrome OS Platform Worth the Price?
2020-04-07 18:51:30| TechNewsWorld
The Samsung Galaxy Chromebook is now available to buy -- but the $999 price tag for its one-of-a-kind configuration may cause an internal struggle between want and need. Samsung introduced the high-end Chromebook early this year, positioning it as the flagship Chromebook to meet potential demand for a more useful and powerful multipurpose premium mobile device.
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