In the most recent first-quarter filings from US apparel and footwear brands and retailers, G-III Apparel moved to a loss on acquisition charges, while Guess saw earnings fall on soft Americas sales. Kate Spade, meanwhile, saw earnings slump on the back of sales declines, while Hudson’s Bay recorded comparable store declines on the back of lower domestic store traffic across all banners.
US Q1 in brief – Vince Holding Corp, Destination Maternity, Tailored Brands
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