• Chico's holiday sales increase 30 percent

    6 days ago - By Fashion United

    Image: Chico's, Facebook
    Chico's FAS, Inc., for the nine-week holiday period ending January 1, 2022, reported total net sales growth of approximately 30 percent compared to the same period last year. Comparable sales for the holiday period grew approximately 31.5 percent over fiscal 2020.
    The company expects fourth quarter net sales at the low end of the 495 million dollars to 510 million dollars range previously provided on November 30, 2021 and expects diluted earnings per share at the high end of the previously provided 0 to 5 cents range.
    Commenting on the update, Molly Langenstein...
    Read more ...

     

  • FatFace reports H1, Christmas sales above pre-pandemic levels

    6 days ago - By Fashion United

    Image: FatFace FatFace has reported an increase in sales in both the first half of the year and over the important Christmas trading period to above pre-pandemic levels. In the six months to November 27, the British brand saw its sales increase to 125 million pounds - 4 percent higher than the same period in 2019, and 58 percent higher than 2020. The company said its investment in digital transformation bore fruit, with digital sales coming it at 48 million pounds - up 61 percent compared to two years earlier, and up 32 percent from a year earlier. The company's digital mix has now reached...
    Read more ...