Kohl's Corporation apparel and textile business news, company profile, analysis, comment and interviews
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. VF Corp has reported a net loss of US$285.6m, while Francesca's has seen a 50% drop in net sales. Elsewhere, Macy's, Inc said its net loss totalled $3.58bn and PVH Corp has posted an "unprecedented" decline in revenue and earnings.> Debenhams, Brooks Brothers, and J.Crew Group are among the latest apparel brands and retailers to outline reopening plans after stores and online operations were cl...
Source: just-style.com