Fewer markdowns and a focus on omnichannel growth propped up Chico’s FAS Inc.’s fourth-quarter earnings 25.6 percent, the women’s apparel retailer said Thursday.
For the period ended Feb. 2, the Fort Myers, Fla.-based chain earned $31.5 million, or 19 cents a diluted share, compared with year-ago earnings of $25.1 million, or 15 cents a share. Excluding costs related to its Boston Proper acquisition, earnings totaled 20 cents a share, which matched analysts’ predictions.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"