US: Charlotte Russe swings to Q1 loss of $2.9m
Author: just-style.com | 22 January 2009
Retailer Charlotte Russe Holding has swung to a first quarter loss after making "substantial inventory markdowns" to try to clear stock.
just-style articles are only available to registered users and members.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you’re already a member, login here.
More articles related to this one
UK: New stores help Burberry to Q1 sales gain
British luxury goods firm Burberry Group Plc today (15 July) said it has made "a solid start to the year" after first quarter sales rose 8% as new store openings helped offset a slowdown in wholesale revenues.
SWEDEN: H&M same-store sales fall 5% in June
Budget fashion chain H&M has posted a 5% drop in June same-store sales, showing that even its shoppers seeking its low-price catwalk looks are paring back in the recession.
UK: Retail sales up 1.4% in June - BRC
UK retail sales rose 1.4% on a like-for-like basis and 3.2% on a total basis last month, helped by a heatwave.
