USA: Guess? October Same-Store Sales Fall 11 Per Cent
Leading US clothing manufacturer and retailer Guess? Inc revealed today that sales at stores open at least a year fell 11.4 per cent in October from a year ago, amid a weak retailing environment. The company, which produces and sells denim skirts and eyewear, reported sales for the five weeks ended November 3 of $34 million, down 4.8 per cent from $35.7m last year.