Want to join the conversation?
$VFC's Outdoor & Action Sports coalition revenue was up 13% driven by nearly the same growth rate in wholesale and DtoC. Revenue for brands like The North Face was up 11%, for Vans it was up 10% with a high teen increase in DtoC sales and mid-single digit increase in wholesale and for The Timberland, revenue was up 21% globally.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.