Nick MonjoJun 1, 2022VS Q1 Profit Plummets 54% As Sales Slip 4.5%Victoria’s Secret Q1 Sales fell 4.5% while net income plummeted 56.2%, with CEO Martin Waters pointing to “significant global headwinds...
Nick MonjoMay 31, 2022Aerie Blames Swim As Q1 Income SlipsAerie sales rose but operating income fell in the first quarter, with the intimates division of American Eagle Outfitters (AEO) pointing...
Nick MonjoMay 19, 2022Cosabella Sold To Calida Group For $80 MillionThe Calida Group announced today that it had acquired Cosabella, revealing that the brand had 2021 sales of “$29 million and an EBITDA of...
Nick MonjoMay 2, 2022ThirdLove Relaunches Kit UndergarmentsThirdLove acquired Kit Undergarments, a company founded in late 2019 by stylists Jamie Mizrahi and Simone Harouche, and “relaunched” it...