Amazon and Walmart Dominate Apparel Sales
The two retail giants, which go head-to-head in categories from grocery to electronics, have expanded beyond basics to add more fashion-forward and trendy options.
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Strong Sales From Tapestry, Lee Maker Show Clothing Rebound
Tapestry reported fiscal third-quarter net income of $91.7 million, or 32 cents per share, compared with a loss of $677.1 million, or $2.45 per share.
Sales News
US Apparel Manufacturer G-III Apparel’s FY21 Sales Drop to $2.05 Bn
G-III Apparel Group, a US-based designer of apparel under owned label brands, has reported 35.0 per cent sales decline to $2.05 billion in its fiscal 2021 that ended on January 31
Sales News
Mastercard Exec Says Almost 75% of Apparel Sales Were Made Online Last Month
Digital sales of apparel spiked 47% in February as consumers continued to rapidly adapt to online shopping, helping to fuel a 54.7% rise in e-commerce sales.