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US Q1 in brief - Macy's, Ross Stores, TJX Companies

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. Ross Stores reported its first quarterly operating loss in more than 30 years, Macy's saw a "precipitous decline" in sales, and TJX Companies sales more than halved?.

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US Q1 in brief - Foot Locker, Macy's, Ross Stores

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. Ross Stores reported its first quarterly operating loss in more than 30 years, Macy's saw a "precipitous decline" in sales, and TJX Companies sales more than halved.

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

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 Genesco were down by 44%, while those at Zumiez tumbled by more than a third. 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 - 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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US Q1 in brief - J.Jill, Francesca's, Macy'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. Francesca's has reported a 50% drop in net sales, while Macy's, Inc has posted a US$3.58bn loss. Elsewhere, while Stein Mart booked a 57% tumble in sales and PVH Corp has reported an "unprecedented" decline in revenue and earnings.

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