×
2 254
Fashion Jobs
ESTEE LAUDER
Clinique - Consultant - John Lewis, Cambridge - 21 Hours - Part Time - Permanent
Permanent · Cambridge
ESTEE LAUDER
Clinique - Consultant - Boots, Horsham - 13 Hours - Part Time, Permanent
Permanent · Horsham
ESTEE LAUDER
Clinique - Consultant - Boots, Crawley - 13 Hours - Part Time, Permanent
Permanent · Crawley
ESTEE LAUDER
Clinique - Consultant - Boots, Oxford Street - 22.5 Hours - Part Time, Permanent
Permanent · London
ESTEE LAUDER
Clinique - Consultant - Boots-Hampton, Peterborough - 11 Hours - Part Time, Permanent
Permanent · Peterborough
ESTEE LAUDER
Clinique - Consultant - Heathrow, Terminal 4 - 18 Hours / 3 Days - Part-Time, Permanent
Permanent · Longford
ESTEE LAUDER
Clinique - Consultant - Boots, Ballymena - 9.5 Hours / Week - Part Time, Permanent
Permanent · Ballymena
ESTEE LAUDER
Mac Cosmetics -Media And Advertising Manager
Permanent · London
ESTEE LAUDER
Clinique - Consultant - Boots, Oxford - 24 Hours - Part Time, Permanent
Permanent · Oxford
ESTEE LAUDER
Clinique - Consultant - Marks & Spencer – Manchester, Handforth - 15 Hours / 3 Days, Part-Time, Permanent
Permanent · Manchester
ESTEE LAUDER
Clinique - Consultant - Marks & Spencer – Lisburn - 15 Hours / 3 Days, Part-Time, Permanent
Permanent · Lisburn
ESTEE LAUDER
Clinique - Consultant - John Lewis, Oxford Street - 37.5 Hours - Full Time, Permanent
Permanent · London
ESTEE LAUDER
Clinique - Consultant - Boots - Fosse Park, Leicester - 28 Hours / Week - Part Time, Permanent
Permanent · Leicester
ESTEE LAUDER
Clinique - Consultant - Boots, Aylesbury - 30 Hours - Full-Time, Permanent
Permanent · Aylesbury
ESTEE LAUDER
Estée Lauder Companies Multi-Brand - Clinique & Origins Consultant - House of Fraser, Manchester - 14.25 Hours / Week - Part Time, Permanent
Permanent · Manchester
ESTEE LAUDER
Clinique - Consultant - Boots, Horsham - 35 Hours - Full Time, Permanent
Permanent · Horsham
ESTEE LAUDER
Clinique - Consultant - Boots, Livingston - 15 Hours - Part-Time - Permanent
Permanent · Livingston
VIVIENNE WESTWOOD
Buying Admin Assistant
Permanent · LONDON
STELLA MCCARTNEY
Treasury Analyst
Permanent · LONDON
STELLA MCCARTNEY
Business Intelligence Analyst
Permanent · LONDON
URBN
Urban Outfitters Studio Coordinator- London, UK
Permanent · LONDON
ESTEE LAUDER
Clinique - Consultant - Galway, Brown Thomas - 22.5 Hours / 4 Days - Part-Time, Permanent
Permanent · Galway
Ads
Published
Dec 12, 2019
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Tailored Brands swings to loss, appoints first chief customer officer

Published
Dec 12, 2019

Houston, Texas-based menswear retail group, Tailored Brands, Inc. reported declining revenues and widening losses on Wednesday, as sales decreased across its brand portfolio.


Tailored Brands' porfolio includes Men's Wearhouse, Jos. A. Bank, Moores and K&G, among others - Instagram: @menswearhouse


For the third quarter ended November 2, 2019, the company announced net revenues of $729.5 million, a decline of 3.0% from the $751.7 million reported by the company in the prior-year period. Comparable sales fell 2.2%.
 
By brand, the group’s Men’s Wearhouse banner saw a 2.8% decline in comparable sales, while K&G and Moores reported decreases of 1.5% and 5.5%, respectively. Jos. A. Bank posted a 0.5% increase in comparable sales, but a 0.5% decrease in total net sales.

The company’s quarterly net loss was $89.6 million, or $1.80 per diluted share, down from net earnings of $13.9 million, or $0.27 per diluted share, in the same period in the previous year.
 
“Our third quarter performance reflects continued progress in each of our transformational strategies,” commented Tailored Brands president and CEO Dinesh Lathi in a release. “While we still have much more work in front of us, we are encouraged by the improved momentum in the business.”
 
Year to date, Tailored Brands reported total net sales of $1.7 billion, down from $1.8 billion, while net loss for the period was $48.2 million ($0.96 per diluted share), compared to net income of $77.0 million ($1.52 per diluted share).

On Wednesday, Tailored Brands also announced that Carrie Ask, the current brand president of Men’s Wearhouse and Moores, has been appointed to the newly created role of chief customer officer.
 
In this role she will be tasked with providing customers with more innovative ways to interact with the company’s rands. As part of her promotion, the brand president position at Men’s Wearhouse and Moores has been eliminated.
 
Ask’s previous experience before joining Tailored Brands includes periods spent as EVP and president of global retail at Levi Strauss & Co., VP and GM of Nike Stores North America, and VP of global retail at Converse.
 
Looking forward to the fourth quarter, Tailored Brands expects to see an adjusted diluted loss per share of between $0.50 and $0.55.

Copyright © 2022 FashionNetwork.com All rights reserved.