×
197
Fashion Jobs
COLUMBIA SPORTSWEAR COMPANY
Assistant Merchandising Manager
Permanent · BENGALURU
NIKE
Senior Engineering Manager, Journey Analytics – Marketing Technology
Permanent · Bengaluru
RJCUBE STAFFING SOLUTIONS PVT LTD
Merchandising Manager For Garments Buying House, Noida
Permanent · Noida
ADD UR CO LLP
Production Manager
Permanent · Chennai
THE GLOBAL ZONE HR SERVICES
Production Manager/ Manufacturing/ Engineering/ Engineer/ Production
Permanent · National Capital Region
ADD UR CO LLP
Production Manager
Permanent · Chennai
ADD UR CO LLP
Logistics Manager
Permanent · Chennai
VERUSCHKA
Social Media And PR Specialist
Permanent · MUMBAI
VERUSCHKA
E-Commerce Manager
Permanent · MUMBAI
H&M
E-Commerce Commercial Manager
Permanent · NEW DELHI
H&M
Area Facility Manager
Permanent · NEW DELHI
SAROJ JALAN
Marketing Strategist
Permanent · KOLKATA
THE GLOBAL ZONE HR SERVICES
Production Manager/ Supervisor/ Incharge
Permanent · Pune
PUMA
Manager - Digital Marketing
Permanent · Bengaluru
THE BANYAN HR CONSULTS
Brand Manager For Leading Women's Wear Garments CO at Coimbatore
Permanent · Coimbatore
LEVI'S
Manager, Retail Merchandising (Ebo)
Permanent · Bengaluru
GLAN MANAGEMENT CONSULTANCY
Senior Buyer Lingerie (Knits Western Wear) - Retail Brand
Permanent · GURUGRAM
VASTRAKALA EXPORTS
Quality Manager
Permanent · CHENNAI
PUMA
Manager- Buying (Apparel)
Permanent · Bengaluru
PUMA
Manager- Business Intelligence
Permanent · Bengaluru
PUMA
Manager- Trade Compliance
Permanent · Bengaluru
LEVI'S
Technical Product Manager
Permanent · Bengaluru
By
Reuters
Published
Apr 1, 2009
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Charming Shoppes expects to save $125 mln in FY10

By
Reuters
Published
Apr 1, 2009

April 1 (Reuters) - Charming Shoppes Inc (CHRS.O), a retailer of women's plus-size apparel, said it expects to save $125 million in fiscal 2010 and plans to continue reducing inventories during the period.


Lane Bryant Spring 2009 at Charming Shoppes

In a regulatory filing, the company, which announced in January that it plans to slash about 225 jobs, said substantial reductions in operating expenses and strong inventory management would allow it to generate positive free cash flow.

Charming Shoppes said it lowered its fiscal 2009 inventory levels by 19 percent.

The company said it would generate positive cash flow in the year ending Jan. 30, 2010, if same-store sales continued to decline in the low-double-digit range and be cash flow neutral if comparable-store sales fell in mid-double digits.

Shares of the company, whose brands include Lane Bryant, Fashion Bug and Catherines, were up almost 4 percent at $1.45 Wednesday morning on Nasdaq. (Reporting by Amitha Rajan in Bangalore; Editing by Himani Sarkar)

© Thomson Reuters 2022 All rights reserved.