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Under Armour Q2 revenue dips as brand realignment continues

Inside Retail

By product, apparel sales dropped by 12 per cent, footwear by 11 per cent, and accessories rose 2 per cent. Operating expenses decreased 15 per cent, and net income for the quarter was $170 million. However, the company’s gross margin improved by 200 basis points to 49.8 per cent due to lower costs and reduced discounting.

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The Future of Retail Pricing Strategies in an Unstable Economy

RETAIL MANAGEMENT SOFTWARE

Retailers are operating in a high-stakes pricing environment. For brands in sectors such as apparel, Footwear, Jewelry, Sporting Goods, Home Goods, and Department Stores, finding the right retail pricing strategies is crucial to survival and profitability. Psychological Pricing Tactics Using prices like $49.99

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AOP Meaning in Modern Retail

Retalon

Labor and operational expenses: Budgeting for staffing, logistics, and other operational costs that support forecasted sales and initiatives. For example , A specialty apparel retailer may align on a KPI such as 8% revenue growth while keeping markdowns below 15%, using the AOP as a performance framework for every team.

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Destination XL Taps $17.5 Million Loan to Fuel Liquidity After Difficult Fiscal 2020

Retail TouchPoints

Destination XL, which operates the DXL Big + Tall and Casual Male XL brands and ecommerce sites including dxl.com, has pivoted its operations to recover from the pandemic. Efforts include adjusting its product assortment, negotiating relief in occupancy costs and restructuring its operating expenses.

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Costco, Nordstrom And Abercrombie Results Showcase Retail Fortunes Across Three Verticals

Retail TouchPoints

Q1 2020 financial results for Costco , Nordstrom and Abercrombie & Fitch encapsulate how three retail verticals — club, department and specialty apparel — are weathering the COVID-19 pandemic. Costco reported a successful quarter, while Nordstrom and Abercrombie discussed plans to handle the fallout. Costco posted a 7.3%

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Frank And Oak Lowers Retail Operating Costs by 47% After Switching to Shopify POS

Shopify

Learn how one of Canada's leading apparel retailers reduced their operating expenses and boosted sales after making the switch to Shopify POS.

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Have Temu and Shein Thwarted Wish’s Hopes of a Comeback?

Retail TouchPoints

Temu also operates as a manufacturer-to-consumer marketplace and offers a wide range of merchandise, from homewares to apparel. million in severance and other expenses and be completed by the end of the year, resulting in annualized savings of $43 to $46 million beginning in Q4. Rationalizing’ corporate overhead. “We