>>
Home / Knowledge / News / Apparel/Garments / Wet Seal July comparable store sales jump 6.4%

Wet Seal July comparable store sales jump 6.4%

03
Aug '06
Wet Seal Inc, a leading specialty retailer to young women, reported that comparable store sales increased 6.4% for the four-week period ended July 29, 2006, compared with an increase of 50.9% in the same period a year ago.

Net sales for the four-week period ended July 29, 2006 were $44.2 million, compared with net sales of $37.1 million in the same period last year, an increase of 19.2%.

Comparable store sales for the second fiscal quarter ended July 29, 2006 decreased 2.2% versus a 55.9% increase in the same period a year ago. Net sales for the second quarter ended July 29, 2006 were $129.5 million compared with net sales of $126.3 million in the same period last year, a 2.5% increase.

Joel Waller, CEO of Wet Seal Inc, said, "With the proper mix of inventory at the Wet Seal division, our overall sales rebounded this month with particularly strong sales performance in the area of fashion tops and dresses. At Arden B, comparable sales turned positive when fall goods began to arrive in our stores during the third week of the month. Our stores are currently being set with the complete fall collection and, if initial trends hold, the new collection at Arden B will generate strong fall sales for this division."

A prior change to a customer loyalty program resulted in an additional $1.4 million in recorded sales for the month. The sales increase associated with this change was not included in the calculation of comparable store sales for Julyand the quarter.


Must ReadView All

Pic: Shutterstock.com

Textiles | On 24th Jan 2022

World economy to lose $12.5 trn in output by 2024 due to COVID: IMF

The world economy will lose $12.5 trillion in output by 2024 due to...

Pic: Karin59 | Dreamstime.com

Textiles | On 24th Jan 2022

Investor confidence in Germany rises in Jan despite supply crunch

Investor confidence in Germany rose in January, say recent figures,...

Pic: Nikolay Antonov | Dreamstime.com

Textiles | On 24th Jan 2022

People's Bank of China cuts benchmark lending rates

China’s central bank has cut the benchmark lending rate of loan prime ...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Trainers faced immense challenges as most were not tech-savvy

Textile Industry, Head honchos

Textile Industry
Head honchos

Great step towards realising end goal of 'AtmaNirbhar Bharat'

Textile Industry, Head honchos

Textile Industry
Head honchos

Next level is to inject new features:

Henry Krause,

Henry Krause

<font color="#333333" face="Arial, sans-serif">Polygiene is a market...

C Maennich,

C Maennich

Trützschler, one of the world's leading textile machinery manufacturers,...

Barry Goodwin,

Barry Goodwin

UK based Amba Projex Ltd designs, manufactures, and installs industrial...

Sven Ghyselinck, Devan Chemical

Sven Ghyselinck
Devan Chemical

Headquartered in Belgium and with offices in the United Kingdom, Portugal...

Asif Rahman, MIP

Asif Rahman
MIP

MIP is a manufacturer and distributor of high-performance textiles and...

Keith McMillen, Bebop Sensors

Keith McMillen
Bebop Sensors

Bebop Sensors' smart fabrics allows for a new level of interaction between ...

Carmen Emanuela Popa, Label - Carmen Emanuela Popa

Carmen Emanuela Popa
Label - Carmen Emanuela Popa

<b>Carmen Emanuela Popa,</b> a Romanian fashion designer, is known for her ...

Gaurang Shah, Label Gaurang Shah

Gaurang Shah
Label Gaurang Shah

Hyderabad based designer <b>Gaurang Shah</b>, has been traversing the...

Payal Singhal, Label - Payal Singhal

Payal Singhal
Label - Payal Singhal

Leading South Asian fashion designer, <b>Payal Singhal </b>known for her...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments

ESTEEMED CLIENTS

Cat Tuong Real Estate Group Joint Stock Company
Permoda(Koaj/Armi/Pronto/Bkul)
Vardhman Textile Ltd
Rayonese Textile Inc., Division de Culp Inc.
Boardriders Asia Sourcing Limited
G-Star Raw C.V.
Phong Phu international JSC (PPJ)
Arvind Limited
KAS Direct Sourcing
Midas Clothing Limited
Tommy Hilfiger
BIANCA
Tchibo GmbH
Page Industries Limited (Bangalore)
Chori Company Limited
John Varvatos
Gatsby Africa
Lifestyle
Huntsman (Singapore) Pte Ltd
Maceton Limited
Truetzschler India Private Limited
Sainsbury's Argos Asia Limited
Decathlon
Alison Hayes Romania
Guess Europe Sagl,
Recron Polyester from Reliance Industries Limited
Aramark Uniform ;& Career Apparel, LLC
NITI Aayog
Under Armour Global Sourcing Ltd
Puma
Seasalt Limited
Groz-Beckert East Asia LLP
Babyshop
Grasim Industries Limited
Etam Group Strategy Hong Kong Limited
Hela Clothing Pvt Ltd
Abit
Esprit Europe Services GmbH
The Top Form Brassiere Manufacturing Company Limited
SHAHI Exports Pvt Ltd
Sportswear Company Spa
T.T. Limited
H;&M Hennes ;& Mauritz (Far East) Ltd
Target Corporation (MN)
Walmart
Tory Burch Hong Kong Ltd
Brandix Lanka Limited
THE BOMBAY DYEING ;& MFG.CO. LTD
Amazon China
Gap International Sourcing Limited
Rosset ;& Cia Limited
BIMBA ;& LOLA SL
SYNERGIES HONG KONG LIMITED
International Textile Manufacturers Federation
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
Gokaldas Exports Limited
Lisa S.P.A.
Green Fibre
Benetton Group
Reiter India Private Limited
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
Bluestem Global Sourcing Limited
Hirdaramani International Export Private Limited
Asos
The LYCRA Company Singapore  Pte. Ltd
PVH Corporation
Calvin Klein
Alix Partners
Eastman Chemical Company
J ;& P Coats
Desigual - ABASIC, S.A.
LC Waikiki
IDH – The Sustainable Trade Initiative
Lacoste (Wanchai)
Landmark Group
MAS Active / MAS Kreeda / MAS Bodyline
Restoque S.A.
Splash
Gloria Jeans
Aquarelle Clothing Limited
Vianney Textil Hogar S.A. De C.V.
Varner AS Retail
KIABI
Helly Hansen Far East Ltd
C;&A Sourcing International Ltd
Lululemon Athletica Inc
Sateri (Jiujiang) Fiber Co.,Ltd
IKEA of Sweden AB
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
OVS Hong Kong Sourcing Ltd.

January 2022

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search