Chico’s FAS returned to profitability during a better-than-expected second quarter that was dominated by another strong performance from its lingerie and intimates brand, Soma.
President Joe Biden is reportedly ready to sign an executive order that will increase antitrust scrutiny in major corporate sectors, including technology.
Chico’s FAS reported first-quarter sales that beat expectations amid a strong performance by its intimates brand, Soma, and improvements at its namesake and White House | Black Market banners.