×
193
Fashion Jobs
VOLVO WHITE PAINTS INDUSTRIES
Hiring For Sales Officer/Area Sales Manager/ (Haryana)
Permanent · Sonipat
PATANGE INDUSTRIES PVT LTD
Requirement - Production Manager
Permanent · Pune
RESPICARE SOLUTIONS
Area Sales Manager /Business Development Manager-Mumbai / Maharashtra
Permanent · Navi Mumbai
GRAND CHEMICAL WORKS
Area Sales Manager- Jaipur & Lucknow
Permanent · Lucknow
ASTRAL ADHESIVES ( ASTRAL GROUP )
Astral Adhesives - Area Sales Manager - Construction Chemicals
Permanent · Ludhiana
VADILAL
Area Sales Manager
Permanent · Varanasi
ASTRAL ADHESIVES ( ASTRAL GROUP )
Astral Adhesives - Area Sales Manager (Maintenance Division)
Permanent · Jodhpur
PREETI DEVELOPERS PRIVATE LIMITED
Manager- Sales
Permanent · Bengaluru
CEASEFIRE INDUSTRIES PRIVATE LIMITED
Area Manager/ Territory Manager (Sales)_ Goa
Permanent · Pune
INDEED.MX
Trabajo Para Mayores de ed+d
Permanent · MEXICO CITY
INDEED.MX
Trabajo Para Mayores de Edad
Permanent · MEXICO CITY
INDEED.MX
Trabajos Opción Home Office
Permanent · MEXICO CITY
INDEED.MX
Secretaria de Medios Tiempos
Permanent · MEXICO CITY
INDEED.MX
Archivista de Medios Tiempos
Permanent · MEXICO CITY
INDEED.MX
Capturista de Medios Tiempos
Permanent · MEXICO CITY
ECL FINANCE LIMITED
Area Sales Manager- Small Ticket Housing Loan
Permanent · Hyderabad
CENTURY PLYBOARDS (I) LIMITED
Area Sales Manager - Ahmedabad
Permanent · Ahmedabad
PROPERTYXPO.COM
Area Sales Manager| Real Estate Portfolio Management | Gurgaon
Permanent · Gurugram
AQUAGENICS RESEARCH & DEVELOPMENT INDIA PVT. LTD.
Area Sales Manager
Permanent · Pune
JAYPEE BROTHERS MEDICAL PUBLISHERS PVT LTD.
Area Sales Manager
Permanent · Prayagraj
CENTURY PLYBOARDS (I) LIMITED
Area Sales Manager - Ahmedabad
Permanent · Ahmedabad
PUMA
Senior Manager- Trade Compliance
Permanent · Bengaluru
Published
Apr 20, 2017
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Kate Spade reports shaky first quarter results

Published
Apr 20, 2017

Kate Spade & Co announced its results for the first quarter of 2017, the fiscal period ending April 1— and like many other retailers, the results point to a struggle.

Kate Spade


Direct-to-consumer comparable sales dropped by 2.4% (-8.1% if the e-commerce channel is taken out of the equation) and net sales for the first quarter of 2017 were $271 million—a decrease of three million dollars, or 1.2%, compared to the first quarter of 2016. The company’s sales in North America were down 0.6%, while international business was level.

Per the results, the physical stores are the root of the loss. “Despite a challenging retail environment and the later Easter holiday, we achieved yet another quarter of double-digit eCommerce comparable sales growth, which helped offset softness in brick-and-mortar stores,” said Craig A. Leavitt, Chief Executive Officer of Kate Spade & Co. “At the same time, our Board of Directors, together with management, continue to evaluate strategic alternatives to further maximize value for our shareholders.”

But Kate Spade & Co is among several other retailers like H&M, Claire’s Stores, Inc., Bebe and numerous others that are struggling to stay ahead of the perpetually challenging retail game and has yet to negotiate a final sale of the company after receiving an offer from Coach Inc. On the positive side, the company is only down three stores (448 versus 452) from a year ago.

Copyright © 2022 FashionNetwork.com All rights reserved.