With the majority of stores closed last quarter because of the coronavirus, the retailer and apparel supplier lost more than $39 million.
The retailer adapts amid the coronavirus, more than two months of national lockdown and racial tensions escalating throughout the country.
The allure of sun and surf is so strong, even if people are California dreamin’ on Instagram, that some designers have actually reported sales lifts during the pandemic.
The company will begin by closing about 250 stores this year. But execs say there will likely be more next year and beyond.
The news comes as delivery giant FedEx limits the number of packages from about a dozen retailers.
Will we be able to wear our favorite bikinis this summer? Beachwear brands’ owners and retailers weigh in.
Tel Aviv-based Delta Galil is expecting losses between $5 million and $7 million in the first half of 2020.
The influencer and author’s new podcast invites guests to dish on plus-size fashion, fat shaming and diet culture.