Company shares shot up more than 15 percent after the retailer announced a $34 million quarterly profit driven by its growing e-commerce businesses.
Here’s what companies and brands need to know.
The designer’s fan base includes Tommy Hilfiger, Tory Burch, Stitch Fix founder and ceo Katrina Lake and Rent the Runway cofounder and ceo Jennifer Hyman.
Revenues fall across all three major brands with stores closed during the pandemic.
The retailer was just one of many companies to begin layoffs amid the coronavirus pandemic.
The list now includes Urban Outfitters, Patagonia, Everlane, Abercrombie, Glossier, Nike, Allbirds and Apple. Others have announced limited store hours.
The influencer and author’s new podcast invites guests to dish on plus-size fashion, fat shaming and diet culture.
Company shares fell nearly 10 percent on disappointing sales in the nameplate brand.
The company’s stock shot up more than 18 percent Tuesday morning after the most recent quarterly earnings report.
But execs say bright spots like Anthropologie, Free People, Nuuly and the accessory business will turn the company around this holiday season.
The women’s ath-leisure apparel brand plans to use the investment to expand its product categories, hire additional staff and revamp its web site.