Retail TouchPoints
JUNE 4, 2021
Positive results in general are no surprise for lululemon, but the retailer surpassed expectations with 88% revenue growth compared to Q1 2020. million ; international revenue growing 125% ; and operating margin increasing 1,080 basis points to 15.8%. “We from Q1 2020 and 22.4% million in Q1 2020. million in Q1 2020.
Retail TouchPoints
OCTOBER 4, 2021
compared to the same period in 2020 and 3.4% The themed quarterly drops are aimed at “fostering self-expression” among its core Gen Z demographic with a variety of curated jewelry and accessories in each one. Claire’s has filed for an IPO that would value the company at $100 million. Claire’s reported a net loss of $144.3
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Retail TouchPoints
FEBRUARY 23, 2021
Macy’s Q4 and full-year 2020 results show signs of a turnaround for the department store, hard hit, like many of its counterparts, by the COVID-19 pandemic. The Polaris strategy proved to be a critical enabler of our performance in 2020, allowing us to adapt and innovate with agility during the pandemic,” said Gennette.
Retail TouchPoints
MAY 18, 2021
The generally positive retail environment, especially compared to the difficulty of Q1 2020, led Macy’s to a significant comparable sales increase of 62.5%. Digital sales climbed 34% compared to Q1 2020, showing that the retailer’s omnichannel efforts may be paying off.
Retail TouchPoints
JUNE 10, 2020
during Q1 2021 following temporarily closures of its North American stores due to COVID-19, Signet Jewelers is accelerating its “Path to Brilliance” strategy, designed to expand e-Commerce and “optimize its store base,” which is entering its third year. Last month, Signet began a phased store reopening plan.
Retail TouchPoints
SEPTEMBER 18, 2020
Following a 29% drop in net sales during Q2, apparel, jewelry and accessories retailer Francesca’s will investigate strategic alternatives ranging from lease deferrals and refinancing to bankruptcy. Francesca’s, which operates approximately 700. 4, 2020, it had $12.2 The retailer reported that as of Sept.
Retail TouchPoints
JANUARY 13, 2022
Following a sharp contraction in 2020, the global luxury market surpassed pre-pandemic sales levels in 2021 — a resurgence powered by the U.S. LVMH holds a dominant position in the world of luxury, with some of the biggest names in fashion, spirits, cosmetics and jewelry. Anish Melwani, Chairman & CEO of LVMH Inc.,
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