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J. Jill rebounds from pandemic doldrums with 42% sales growth


Dive Brief:
As it lapped last year s pandemic closures, J. Jill s first-quarter sales grew about 42% year over year to $129.1 million.
The apparel seller also posted a positive operating profit of $8.7 million, compared to an operating loss of nearly $90 million in 2020.
In a press release, CEO Claire Spofford called out a strong Mother s Day weekend and said that increased full-price sales, strong customer conversion and improved inventory management helped drive an increase in margins, which were up to 68% in Q1 from 55.1% a year ago. 
Dive Insight:
The pandemic hit right at the heart of J. Jill s business as consumers, wary of socializing, paused on stocking up their wardrobes. Vaccines, stimulus and a need to refresh those wardrobes after a year of sweatpants for many has improved the lot of apparel sellers generally and J. Jill individually. ....

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Welcome To IANS Live - LatestNews - Private airport operators urge Centre to provide relief

Welcome To IANS Live - LatestNews - Private airport operators urge Centre to provide relief
ianslive.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ianslive.in Daily Mail and Mail on Sunday newspapers.

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Apparel brands turn to air cargo as inventory delays continue


Published June 9, 2021
Jeff Topping via Getty Images
First published on
Dive Brief:
Supply chain issues in Q1 led brands including Levi Strauss, Lands End and PVH to increase their reliance on expedited freight to ensure products are in stock, according to recent earnings calls.
We have had to increase our airfreight, said Levi Strauss Executive Vice President and CFO Harmit Singh. Lands End President and CFO James Gooch struck a similar tone. We are certainly seeing challenges like everybody else, Gooch said, adding that expediting shipments was adding a little bit of cost.
PVH, which operates brands including Tommy Hilfiger and Calvin Klein, incorporated added airfreight costs into its 2021 outlook for investors. The outlook anticipates inventory delays may last between four to six weeks and will result in a need to expedite goods to maintain our sales plan in the second half of the year, ....

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