American Eagle Outfitters reported its net loss for Q1 dropped on Wednesday. Revenues dropped by 37.7 percent from the same period last year. The company's net profit for Q1 was -257 million dollars, dropped from 41 million dollars a year earlier. Revenues decreased to 552 million dollars. The profit […]

For fiscal 2020, Canada Goose Holdings Inc. said total revenue increased by 15.4 percent or 15.9 percent in constant currency to 958.1 million Canadian dollars (706.3 million dollars). Canada Goose said in a statement that the negative financial impacts of Covid-19 will be more pronounced in the first […]

Express, Inc. reported consolidated net sales decrease of 53 percent to 210.3 million dollars for the first quarter from 451.3 million dollars in the first quarter of 2019. The company said in a statement that gross margin was negative 22 percent of net sales compared to 27.1 percent in last year’s […]

Express reported its net loss for Q1 surged on Wednesday. Revenues decreased by 53.4 percent from the same period last year. The company's net loss for Q1 was -154 million dollars, grew from -10 million dollars a year earlier. Revenues slipped to 210 million dollars. Express Inc. (NYSE: EXPR) is an […]

American online styling service Stitch Fix has reportedly cut around 1,400 jobs, or around 18 percent of its total staff. The San Francisco-based firm notified its California-based stylists on Monday that they would be losing their jobs, The Wall Street Journal reported. Most of those layoffs will happen […]

Stockholm-based sustainable tights brand Swedish Stockings is going full circle by converting discarded stockings into statement tables. While it is not yet possible to make new tights out of discarded tights, at least they get a new life as a stylish furniture item, which was developed in collaboration […]

Primark US Corp., affiliated to British retailer Primark Stores Ltd., is recalling Kitten Heel Court shoes citing high levels of Chromium, the U.S. Consumer Product Safety Commission said in a statement. The recall involves about 1,700 units of Primark Wide Fit Kitten Heel Court Pumps with around 1.5 […]

Wellington boot brand Hunter has received 16.5 million pounds in funding following a period of poor trading due to the Covid-19 pandemic. The deal will see minority investor Pall Mall Legacy - which is backed by US investment bank Goldman Sachs - become its controlling shareholder, Sky News reports. […]

PVH Corp has announced that Daniel Grieder is stepping down from his role of Chief Executive Officer, Tommy Hilfiger Global & PVH Europe after 23 years in various management roles within the organization, and will be leaving the company to pursue other interests. The company said in a statement […]

For the first quarter, net revenue at Land’s End Inc. decreased 17.3 percent to 217 million dollars due to decreased demand attributable to the Covid-19 pandemic. The company said in a statement that net revenue grew 11.1 percent in February 2020 compared to prior year, reflecting strong performances […]

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