Though business is difficult for many fashion retailers, there are those that transcend the trend.
As Nordstrom moves closer to going private, questions arise on just what the transaction will look like and what it means for the retailer.
Tumi last year raised nearly $286,000, which helped rebuild two schools in Nepal.
The recovery for unsecured creditors is expected to be around 5 cents on the dollar.
Q2 was important for acquiring Millennial men due to occasion — proms, graduation, weddings — dressing.
Given current valuations and limited opportunities, another large acquisition may have to wait until 12 to 18 months out.
The study also found more apparel sales in men’s basics than in the women’s apparel categories.