US: Wet Seal Q4 sales overshadowed by profit drop
Author: just-style.com | 25 March 2011
Teen retailer The Wet Seal Inc has booked fourth quarter sales growth in both its Wet Seal and Arden B, but profit for the period was overshadowed by tough comparisons with a large tax benefit in the prior-year period.
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
Spotlight on...Mobile commerce revamps retail
Smartphones and tablet computers are changing the way consumers shop and gather information about products before they buy. And as their uptake accelerates, savvy retailers will need to ensure their mobile presence engages with consumers and builds loyalty. After all, price comparison engines are just a short click away, writes Petah Marian.
In the money: Mexx sale a win-win for Liz Claiborne
The deal revealed last week by Liz Claiborne Inc to sell its loss-making Mexx business to a joint venture led by private equity firm The Gores Group is a win-win for all concerned, the company believes. But analysts suggest more non-strategic brands could still be in the firing line.
Liz Claiborne divests Mexx: what the analysts say
Three months after putting its Mexx business on the block, apparel seller Liz Claiborne has divested the loss-making unit to a joint venture led by private equity firm The Gores Group. It will receive $85m and an 18.75% stake in the joint venture, with The Gores Group owning the remaining 81.25%.
Market research related to this article
Swimwear and Beachwear
This report analyzes the worldwide markets for Swimwear and Beachwear both by value (US$ Million) and by volume (Million Units) by the following end-use segments: Men's Wear, Women's Wear, and Children's Wear....
Abercrombie & Fitch Co. (ANF) - Financial and Strategic SWOT Analysis Review
This comprehensive SWOT profile of Abercrombie & Fitch Co. provides you an in-depth strategic SWOT analysis of the company’s businesses and operations. The profile has been compiled by GlobalData to bring to you a clear and an unbiased view of the co...
Fragrances in Australia
Datamonitor's Fragrances in Australia industry profile is an essential resource for top-level data and analysis covering the Fragrances industry. It includes detailed data on market size and segmentation, plus textual and graphical analysis of the ke...
