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.
Apparel retailers in particular may have something to look forward to this fall as consumers purchase attire for returning to the office and the classroom.
A company that aims to make physical retail less risky and more productive for brands, especially those new to brick and mortar, is in the fast track for expansion.
Gap Inc. reported second-quarter earnings that crushed Wall Street expectations and sales that topped $4 billion, led by its Old Navy and Athleta brands.
