Hannah Abdulla's profile photo

Hannah Abdulla

England, United Kingdom

News Editor at Just Style

news editor, https://t.co/RAn2QOzKYH

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Articles

  • Does Nike's backtrack on DTC signal a new retail playbook?

    2 days ago | just-style.com | Hannah Abdulla

    Ready to stay informed? Subscribe to unlock exclusive content. Already a subscriber? Sign in to access your account. Pleasecomplete this form to request more information, and a representative will be in touch shortly. By GlobalData Frequently asked questions A business model where manufacturers sell products directly to consumers online, bypassing traditional retailers.

  • Week in Review: Tariff hits materialise, but don’t just stand there!

    5 days ago | just-style.com | Hannah Abdulla

    Ready to stay informed? Subscribe to unlock exclusive content. Already a subscriber? Sign in to access your account. Pleasecomplete this form to request more information, and a representative will be in touch shortly. By GlobalData

  • Nike confirms Amazon re-entry as wholesale pullback woes weigh

    1 week ago | just-style.com | Hannah Abdulla

    Ready to stay informed? Subscribe to unlock exclusive content. Already a subscriber? Sign in to access your account. Pleasecomplete this form to request more information, and a representative will be in touch shortly. By GlobalData

  • Caleres faces cost cuts, guidance halted on Q1 sales, profit dive

    1 week ago | just-style.com | Hannah Abdulla

    Jay Schmidt, president and chief executive officer admitted Caleres’ performance in Q1 “fell short of expectations” after a fall in sales and earnings were hit by increased cost pressures. For the 13 weeks ending 3 May, net sales were $614.2m, down 6.8% from the first quarter of 2024. Sales in its Famous Footwear segment were down 6.3%, and 4.6% on a comparable basis. Its Brand Portfolio segment net sales declined 6.9%.

  • Cost control benefits Kohl's Q1 bottom line

    1 week ago | just-style.com | Hannah Abdulla

    Kohl’s reported net sales in Q1 of $3bn compared with $3.2bn a year earlier. Gross margin as a percentage of net sales was 39.9%, an increase of 37 basis points. Selling, general & administrative (SG&A) expenses decreased 5.2% year-over-year, to $1.2bn. As a percentage of total revenue, SG&A expenses were 36.0%, a decrease of 32 basis points year-over-year. Operating income increased to $60m from $43m a year earlier. And net loss came in at $15m compared with $27m for the same period a year earlier.

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