Global Apparel Market – An Overview | Watch NOW! | Ad
Home / Knowledge / News / Fashion / December sees a significant rebound in traffic at Wilsons Leather
December sees a significant rebound in traffic at Wilsons Leather
10
Jan '08
Wilsons The Leather Experts Inc reported a sales decrease of 13.0% to $65.9 million for the five weeks ended January 5, 2008 as compared to $75.7 million for the five weeks ended December 30, 2006. Year-to-date sales for the Company's stores decreased 12.5% to $258.5 million compared to $295.5 million for the same period last year.

Comparable store sales decreased 7.1% for the five weeks ended January 5, 2008 as compared to a 23.1% decrease for the five weeks ended December 30, 2006. Year-to-date comparable store sales decreased 11.8% compared to a decrease of 17.0% for the same period last year.

Michael Searles, Chief Executive Officer, commented, "After a strong Thanksgiving start, both traffic and comparable store sales for the first three weeks of December declined in the high teens. The last two weeks of December saw a significant rebound in traffic and, as a result, comparable store sales averaged an increase of over 25% in the final two weeks. This was a result of both the calendar shift and significantly increased traffic and conversion in our stores. The first week of January has started off strong as well."

Wilsons The Leather Experts Inc


Must ReadView All

Sri Lanka reduces VAT on imported fabric to 5%

Textiles | On 24th Sep 2018

Sri Lanka reduces VAT on imported fabric to 5%

Considering the requests made by the stakeholders in the fabric...

E-com firms in India to deduct 1% TCS under GST from Oct 1

Apparel/Garments | On 24th Sep 2018

E-com firms in India to deduct 1% TCS under GST from Oct 1

E-commerce companies in India will have to deduct 1 per cent tax...

Courtesy: Andritz

Textiles | On 24th Sep 2018

'Strength of economy, demographics drive nonwovens demand'

The strength of the economy and demographic trends are the main...

Interviews View All

Smith Vaghasia, Sanado India

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Sunil Kumar Sharma, Loknayak JPNSSSG Ltd

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Stefan Warnaar, Peak to Plateau

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Lucilla Booyzen,

Lucilla Booyzen

South African Fashion Week (SAFW) is a B2B marketing platform for fashion, ...

Nitesh Mittal,

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Apurva Kothari,

Apurva Kothari

No Nasties was the first fashion brand in India to make 100 per cent...

Kerem Durdag, Biovation II LLC

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Isabel Herranz, European School of Business & innovation

Isabel Herranz
European School of Business & innovation

Cutting-edge ideas like the Internet of Things and artificial intelligence ...

Silke Brand-Kirsch, Schlegel und Partner GmbH

Silke Brand-Kirsch
Schlegel und Partner GmbH

<div>Schlegel und Partner is the market research and consultancy company...

Chandani Sahi, By Chandani

Chandani Sahi
By Chandani

By Chandani is a womenswear prêt couture brand with fusion silhouettes by...

Varsha Wadhwa, VW

Varsha Wadhwa
VW

Coming from a family that ran a business of jute and linen mills since...

Sidharth Sinha, Sidharth Sinha

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

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


September 2018

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

news category


Related Categories:

Advanced Search