But investors weren’t sold. Company shares closed down nearly 3 percent Monday.
Building on lessons from a year gone awry, retail consultants recommend the best path forward.
But will consumers continue to prioritize active fashion after the need to quarantine has passed?
Richard Hayne said stepping-out styles have seen an uptick recently, despite the pandemic, boding well for spring.
The innerwear brand, which makes feminine hygiene apparel products, is expanding into mass retail with a lower-priced collection.
The new CEO was formerly president of Urban Outfitters and also worked for J. Crew.
The retailer released quarterly sales figures, improving at the Free People brand, while falling short at Urban Outfitters and Anthropologie.
The collection offers bralettes for cup sizes DD and up.
Trish Donnelly will leave her post as CEO of the Urban Outfitters brand at the end of the month. Meanwhile, sales fell across all brands except Free People during the holidays.
The mega-star is asking for $100 million and complete control.