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US Q2 in brief -Walmart, Sequential Brands Group, Dillard's

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. Iconix Brand Group saw sales slump by more than a third, while Kontoor Brands has reported a net loss of US$33.3m amid a sales fall of 43%. Elsewhere, Walmart has posted a 5.6% rise in in total revenue, while Dillard's has narrowed its net loss.

Tags: group brands sequential walmart

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