Victoria's Secret & Co. announced on Wednesday revenues for the third quarter fell 9% to $1.318 billion, on the back of a double-digit decline in comparable store sales, partially offset by growth internationally.
G-III Apparel Group announced on Wednesday a 6% sales uptick for the third quarter, as higher inventory levels caused logistical challenges within the U.S. company's distribution centers, hindering its bottom line.
PVH Corp. announced on Wednesday that revenues for the third quarter exceeded expectations, with the company clocking strong gains in North America for both Calvin Klein and Tommy Hilfiger, offsetting declines overseas.
Scaled down compared to pre-Covid editions but with broader international participation, the Mapic trade show is still a magnet for commercial real estate players, from retailers to property developers.
Pure London has named the keynote speakers for its February edition. The organisers said “retail industry legend” Ed Burstell and winner of All That Glitters, jewellery designer Piers Carpenter, will be the big names.
Hibbett Inc. announced on Tuesday that net sales for the third quarter increased 13.5% to $433.2 million, with comparable sales up nearly 10%, including an e e-commerce surge of 22% during the three months.