Sharp cuts in inventories took some of the sting out of stores’ dismal January performances, which followed the toughest retailing year in more than a generation.
Comparable-store sales results for the month posted Thursday showed that, as consumer spending continued at historically weak levels, stocks were being tightly managed, sometimes even at the expense of sales. Several stores noted that top-line performance was hurt by a lack of clearance merchandise after extensive promotions leading up to Christmas.
"You start one way as a baby, but why shouldn't you be able to choose your own path as opposed to culturally people telling you which way to go?" - Thom Browne at his men's spring 2018 show, where he celebrated gender fluidity. #pfw #wwdmens (📷: @delphineachard)
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)