US fashion retailers outline four tariff impacts on sourcing, supply strategies
At least four trends can be spotted in how US fashion companies are navigating ongoing tariff impacts on their businesses,…
Kohl's Corporation
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Kohl’s FY net income jumps despite Q4 sales dip
Kohl’s posted fourth quarter (Q4) net income of $125m, compared to net income of $48m and adjusted net income of…
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Kohl’s raises FY25 financial forecast, names Michael Bender as CEO
The company now forecasts a net sales decrease between 3.5% and 4% for the fiscal year, an improvement from previous…
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Cost control benefits Kohl’s Q1 bottom line
Kohl’s reported net sales in Q1 of $3bn compared with $3.2bn a year earlier. Gross margin as a percentage of net…
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Kohl’s unveils plan to tackle debt, fortify finances under new CEO
Kohl's has announced it is raising approximately $360m in aggregate principal amount through senior secured notes due 2030 to repay…
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Kohl’s sees soft sales in apparel and footwear, announces CEO transition
Kohl's saw strong performance in key growth areas such as Sephora, home decor, gifting, and impulse. The third quarter results…
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Levi Strauss & Co names new CEO as Chip Bergh to retire in 2024
A transition period will see Gass begin her role as CEO on 29 January before Bergh officially departs the company…
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Kohl’s prioritises strategic growth as Q3 2023 profits slide
Kohl's net sales decreased 5.2% year-over-year from $4.05bn to $3.84bn with comparable sales down 5.5% in Q3. Operating income was $157m…
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Franchise Group is not ‘perfect fit’ for Kohl’s, says expert
Kohl’s Corporation announced on 6 June that its board of directors has entered into exclusive three-week negotiations with the holding…
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Kohl’s eyes $500m sales opportunity through smaller format stores
Kohl’s says it is deeply committed to its retail footprint and is evolving its real estate approach to match the…
