Home / Knowledge / News / Apparel/Garments / Ann Taylor LOFT net sales go up in February

Ann Taylor LOFT net sales go up in February

07
Mar '08
AnnTaylor Stores Corporation announced its sales results for the month of February 2008.

For the four-week period ended March 1, 2008, net sales increased 3.9% to $141.4 million, compared with net sales of $136.1 million for the four-week period ended March 3, 2007. By division, net sales for Ann Taylor totaled $50.0 million in February 2008, compared with net sales of $54.6 million in February 2007. For Ann Taylor LOFT, net sales totaled $66.9 million in February 2008, compared with net sales of $60.8 million in February 2007.

Comparable store sales for the four-week period ended March 1, 2008 decreased 1.7%. By division, comparable store sales for Ann Taylor decreased 8.7%, while at Ann Taylor LOFT, comparable store sales increased 2.8%.

Commenting on the announcement, Ann Taylor President & Chief Executive Officer Kay Krill stated, "As we expected, our results in the month of February reflected continued soft traffic trends in our business, albeit improved versus last month. At Ann Taylor, we were highly promotional during the month to keep our inventory turning and to move through the less-compelling January and February store sets.

At LOFT, well-received product assortments and very strong in-store metrics more than offset the impact of the weak traffic environment. Importantly, we ended the month with inventories at both divisions in good shape."

AnnTaylor Stores Corporation


Must ReadView All

Pic: Shutterstock

Apparel/Garments | On 24th Feb 2020

Myanmar's garment units risk closure due to virus impact

Myanmar's garment factories are facing the risk of shutdown as the...

Pic: Shutterstock

Apparel/Garments | On 24th Feb 2020

GMAC urges EU to restore full EBA rights for Cambodia

Expressing disappointment over the recent European Union (EU)...

Pic: Shutterstock

Apparel/Garments | On 24th Feb 2020

Uzbekistan 3rd biggest garment exporter to Kazakhstan

Uzbekistan exported 10,000 tonnes of apparel to Kazakhstan in 2019,...

Interviews View All

Textile industry, Head honchos

Textile industry
Head honchos

Quality should be the #1 priority

Headhonchos, Indian fashion industry

Headhonchos
Indian fashion industry

Cotton consumption will keep growing in the Indian fashion industry

Sanjay Desai & Ashish Mulani, True Colors

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Michael Van Den Dolder,

Michael Van Den Dolder

Family-owned German textile machinery manufacturer Trützschler operates...

Mark Tokuhara,

Mark Tokuhara

Japan-based FitJoy, a shoe brand for women, has been in the footwear...

Carmen Makover,

Carmen Makover

Leading the digital textile printing industry, Israel-based Kornit...

Robin Grankvist, OrganoClick AB

Robin Grankvist
OrganoClick AB

Robin Grankvist talks about PFCs, additives and various chemicals used in...

Andreas Lukas, Andritz Nonwoven

Andreas Lukas
Andritz Nonwoven

With forces in engineering and process development, Andritz Nonwoven...

Pierre Wiertz, EDANA

Pierre Wiertz
EDANA

EDANA, the international association serving the nonwovens and related...

Silvia Venturini Fendi, Fendi s.r.l

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Igor Chapurin, Chapurin

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Niti Singhal, Twee In One

Niti Singhal
Twee In One

Best known for convertible clothing, Indian brand Twee In One by designer...

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


February 2020

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


Advanced Search