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US Q2 in brief - Foot Locker, Ross Stores, L Brands

2020-07-08 12:22:00| Daily apparel & textile news and comment - from just-style.com

In the latest second-quarter filings from US apparel and footwear brands and retailers, the impact of the global coronavirus pandemic and widespread store closures can be clearly seen. Foot Locker saw net income tumble by a quarter on last year, while L Brands has booked a US$49.6m net loss for the period. Elsewhere, Kohl's posted a 22.9% decline in net sales, while Target Corp, however, saw total revenue grow by 24.7% in the quarter.

Tags: l stores brands foot

Category:Consumer Goods and Services

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