Kohl's Corporation

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Global retail staff and salary reductions amid Covid-19 – Update just-style | 8 Apr 20

As the impact of the coronavirus pandemic spreads across the apparel and footwear industry, brands and retailers are moving from store closures to worker lay-offs or furloughs, as well as executive pay cuts. Here are the latest:


Global retail closures as coronavirus spreads – Update just-style | 7 Apr 20

A raft of apparel and footwear brands and retailers including Next Plc, Primark, H&M, Nike and Gap Inc, are temporarily closing stores and suspending online operations as part of efforts to help limit the spread of the coronavirus (Covid-19) outbreak. 


US Q4 in brief – PVH Corp, Iconix Brand Group, Oxford Industries just-style | 2 Apr 20

In the latest fourth-quarter filings from US apparel and footwear brands and retailers, PVH Corp has reported a net loss, Oxford Industries has booked its twelfth consecutive quarter of positive comparable sales, while G-III Apparel Group saw profit rise but revenue fall. Elsewhere, Guess CEO Carlos Alberini has hailed a "strong" performance, and Lands' End has reported increases in both earnings and revenue. 


Kohl's cuts 250 roles in organisation restructure Beth Wright | 17 Feb 20

US department store retailer Kohl's has cut about 250 positions as part of a restructure designed to create a more customer-centric focus and position the company for long-term success.


US Q3 in brief –Boot Barn Holdings, VF Corp, Genesco just-style | 5 Feb 20

In the latest third-quarter filings from US apparel and footwear brands and retailers, Boot Barn Holdings has delivered an increase in both profit and revenue with the company "well-positioned" to deliver a solid finish to fiscal 2020, Stage Stores has narrowed its net loss, and American Eagle Outfitters has booked record sales. Elsewhere, J.Crew Group has announced an agreement on the terms of a transaction that will enable it to separate its J.Crew and Madewell brands into two independent companies and pursue a proposed IPO of Madewell. 


US holiday sales in brief – Target Corp, Zumiez, Urban Outfitters just-style | 16 Jan 20

It's been a mixed bag of holiday sales filings from US apparel and footwear brands and retailers as Target's holiday sales failed to meet company expectations but Urban Outfitters reported record results. Elsewhere, L Brands has lowered its fourth-quarter earnings guidance and Kohl's is now expecting fiscal 2019 diluted earnings per share to be at the low end of its guidance range.


US Q2 in brief – Boot Barn Holdings, VF Corp, Stage Stores just-style | 1 Nov 19

In the latest second-quarter filings from US apparel and footwear brands and retailers, Boot Barn Holdings has delivered what CEO Jim Conroy called an "outstanding" second-quarter, VF Corp has reaffirmed its full-year outlook, and Oxford Industries has posted its tenth consecutive quarter of consolidated comparable sales growth. Elsewhere, Genesco moved to a profit, while G-III Apparel Group has revised its full-year guidance in the wake of Trump's latest tariff hike. 


Kohl's outlines 100% sustainably sourced cotton goal Beth Wright | 11 Sep 19

US department store retailer Kohl's has announced a series of new sustainability goals, including plans to achieve 100% sustainably sourced cotton in its proprietary brands by 2025.


Kohl's names new tech chief amid president's exit Beth Wright | 9 Sep 19

US department store retailer Kohl's has announced the upcoming departure of its president, Sona Chawla, and named a new chief technology officer to support the retailer's omnichannel business.


US Q1 in brief – Boot Barn Holdings, VF Corp, Cherokee Global Brands just-style | 1 Aug 19

In the latest first-quarter filings from US apparel and footwear brands and retailers, VF Corp has raised its fiscal 2020 outlook, Cherokee Global Brands booked a mixed first quarter and announced it will officially rebrand to Apex Global Brands, Destination Maternity reported a challenging start to the year amid the news Marla Ryan will step down as CEO, while PVH Corp saw profits slip. Dick's Sporting Goods enjoyed higher sales as did Footlocker. 


US Q4 in brief – VF Corp, Boot Barn Holdings, Destination Maternity just-style | 23 May 19

In the latest fourth-quarter filings from US apparel and footwear brands and retailers, Iconix Brand Group reported a GAAP net loss, CEO of PHV Corp, Emanuel Chirico, said the company is "very pleased" with its fourth-quarter and full year 2018 results, and Guess Inc released its first results under new CEO Carlos Alberini.


Apparel and sourcing firms make 2019 ethical ranking Beth Wright | 28 Feb 19

US apparel giant VF Corp, Hong Kong-based sourcing specialist William E Connor & Associates, and Swedish apparel retailer H&M are the only apparel, sourcing and retail companies to make it on to the latest annual ranking of the world's most ethical companies.


US Q3 in brief – Boot Barn Holdings, VF Corp just-style | 6 Feb 19

In the latest third-quarter filings from US apparel and footwear brands and retailers, Francesca's Holdings Corporation swung to a third-quarter loss of US$16.2m, PVH Corp posted what CEO Emanuel Chirico called a "strong earnings performance", and Abercrombie booked its fifth consecutive quarter of positive comparable sales.


US holiday sales in brief – Nordstrom, Citi Trends, Urban Outfitters just-style | 15 Jan 19

It's been a mixed bag of holiday sales filings from US apparel and footwear brands and retailers as Urban Outfitters reported record holiday sales, Kohl's raised its full-year earnings guidance on the back of a 1.2% rise, while US retail giant JC Penney is to shutter three stores this spring on the back of a 5.4% comp sales drop.


US Q2 in brief – Boot Barn Holdings, VF Corp, Sears just-style | 26 Oct 18

In the latest second-quarter filings from US apparel and footwear brands and retailers, VF Corp raised its full-year guidance on strong sales and earnings, while L Brands reported a 28.7% drop in earnings, and Urban Outfitters achieved record second-quarter sales and a jump in profit.


US Q1 in brief – Destination Maternity, Tailored Brands, Boot Barn just-style | 8 Aug 18

In the latest first-quarter filings from US apparel and footwear brands and retailers, PVH Corp saw revenues exceed guidance thanks to strength across the business, while Guess saw continued momentum in Europe and Asia push earnings and sales up in the three months ended 5 May. Dick's Sporting Goods raised its full-year outlook and Destination XL narrowed its net losses.


US Q4 in brief – Boot Barn Holdings, Destination Maternity just-style | 18 May 18

In the latest fourth-quarter filings from US apparel and footwear brands and retailers, Destination Maternity narrowed its net loss, Sears was boosted by the new US tax law, Caleres returned to profit, Dick's Sporting Goods achieved growth across key businesses, and Urban Outfitters produced record fourth-quarter sales.


Kohl’s names Doug Howe chief merchandising officer Leonie Barrie | 3 May 18

US department store retailer Kohl’s has named retail veteran Doug Howe as the company’s chief merchandising officer.


US Q3 in brief – Deckers Brands, Boot Barn Holdings just-style | 6 Feb 18

In the most recent third-quarter filings from US apparel and footwear brands and retailers, Deckers Brands exceeded expectations, while Boot Barn Holdings saw earnings nearly double. Destination Maternity, meanwhile, widened its losses.


US holiday sales in brief – The Children's Place, Nordstrom, Target Corp Beth Wright | 10 Jan 18

Holiday sales have seen a solid performance at many leading US apparel and footwear retailers, with Target, American Eagle Outfitters, JC Penney, Urban Outfitters and Kohl's among those who have benefited from increased consumer spending on the back of strong economic growth, low unemployment and rising home and equity prices.


Holiday sales show Kohl's is on the "right track" Beth Wright | 8 Jan 18

Like other department store groups, Kohl's has further work to do in the year ahead, but according to one analyst, its positive sale growth over the key holiday trading seasons signals it is firmly on the right track.


Kohl's names Gass CEO when Mansell retires in May Hannah Abdulla | 27 Sep 17

US department store retailer Kohl's has named a new CEO ahead of the retirement of Kevin Mansell next year.


US Q2 in brief – Finish Line, Zumiez, Tailored Brands, Vince Holding just-style | 22 Sep 17

In the most recent second-quarter filings from US apparel and footwear brands and retailers, PVH upped its full-year guidance based on strong second-quarter results, while Guess saw its results boosted by solid growth in both Europe and Asia. Oxford Industries, meanwhile, saw mixed results as earnings fell but sales edged up.


Nearly half of Kohl's stores to be "operationally smaller" by 2017 Beth Wright | 23 Aug 17

As part of its efforts to enhance store profitability and improve customer experience, US department store retailer Kohl's will continue its efforts to "rightsize" its stores and says by the end of 2017, nearly half of its locations will be "operationally smaller".


US Q1 in brief – Cherokee, The Finish Line, J Crew Michelle Russell and Beth Wright | 10 Jul 17

In the most recent first-quarter filings from US apparel and footwear brands and retailers, G-III Apparel moved to a loss on acquisition charges, while Guess saw earnings fall on soft Americas sales. Kate Spade, meanwhile, saw earnings slump on the back of sales declines, while Hudson's Bay recorded comparable store declines on the back of lower domestic store traffic across all banners. 


Kohl’s names Bruce Besanko as CFO Beth Wright | 28 Jun 17

US department store retailer Kohl’s has named Bruce Besanko as CFO, reporting directly to Kohl’s chairman, CEO and president Kevin Mansell.


US Q4 in brief – Cherokee, Vince Holding, Destination Maternity Michelle Russell and Beth Wright | 15 May 17

In the most recent fourth-quarter filings from US apparel and footwear brands and retailers, Destination XL moved to a profit but booked lower sales, while Caleres moved to a loss in the quarter. VF Corporation, meanwhile, revealed a fall in both sales and earnings for the quarter, while Stein Mart moved to a loss as a result of "aggressive" promotions. 


Marks & Spencer tops human rights benchmark Michelle Russell | 13 Mar 17

UK retailer Marks & Spencer has topped a new benchmark ranking that aims to incentivise companies in a race to the top for the moral and commercial advantages of a strong human rights record.


Kohl's cuts FY outlook on lower Q4 sales Michelle Russell | 5 Jan 17

US department store retailer Kohl's has cut its full-year earnings outlook as it revealed expectations for lower-than-planned sales for the fourth quarter.


US Q3 in brief – The Finish Line, Destination Maternity, Cherokee, Sears Michelle Russell and Beth Wright | 9 Dec 16

In the most recent third-quarter filings from US apparel and footwear brands and retailers, Sears Holdings remained optimistic despite widening its net losses, while Vince Holding blamed challenging conditions and warm weather for a fall in both earnings and sales. Abercrombie & Fitch, meanwhile, revealed a "disastrous" quarter as sales fell and earnings plummeted 80%, while American Eagle Outfitters booked record sales and its 9th consecutive quarter of profit improvement.

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