As Covid-19 continues to spread, Monday saw a number of North American retailers moving to protect consumers and employees by implementing store closures, including Nordstrom, Guess, Canada Goose, VF, PVH and Ulta.
The VF Corporation-owned streetwear brand has opened its first “community-driven retail and event space” in Downtown Los Angeles, complete with a dedicated skate shop and an area for exhibitions and workshops.
As the outbreak continues in China, the American company has announced that it has closed 60% of its stores in the country, but is yet to provide a prediction of the impact the crisis will have on its financial results.
The Denver-based apparel, footwear and accessories company has announced that it has begun a review of alternatives for the occupational portion of its work segment, as it continues with its transformation plans.
Nike Inc's quarterly revenue and profit blew past Wall Street expectations on Thursday on strong sales in China, but lower-than-expected growth in North America, its biggest market, overshadowed the beat.