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Fashion Jobs
AESOP
Full-Time Retail Consultant | Free Market
Permanent · Denver
AESOP
Part-Time Retail Consultant | Free Market
Permanent · Denver
NEIMAN MARCUS
Men's Sales Manager - Fashion Island
Permanent · Newport Beach
TALENT
Production Manager - Footwear
Permanent · New York
MACY'S
Asset Protection Detective, Queens Center - Standard Part Time
Permanent · New York
MACY'S
Asset Protection Detective, Lakeline Mall - Full Time
Permanent · Cedar Park
MACY'S
Asset Protection Detective, Florida Mall - Full Time
Permanent · Orlando
MACY'S
Manager, Omni Operations
Permanent · Columbus
MACY'S
Manager, Style Merchandise Execution
Permanent · Auburn
MACY'S
Senior Manager, Government Risk & Compliance
Permanent · Johns Creek
MICHAEL KORS
Vice President, Global Planning Systems
Permanent · East Rutherford
COTY
Visual Merchandising Manager
Permanent · Miami
ASCENA
Loft Part Time Sales Manager
Permanent · Virginia Beach
GAP
Senior Buyer - Dropship Program
Permanent · New York
GAP
Buyer - Dropship Program
Permanent · New York
ADIDAS
Manager Supply Chain-Retail
Permanent · Portland
ADIDAS
Territory Sales Representative - Northern Virginia
Permanent · Arlington
ADIDAS
Senior Director, Product Management - Yeezy
Permanent · Los Angeles
NORDSTROM
Asset Protection - Agent - Hyatt Centric Waikiki Beach Rack
Permanent · Honolulu
NORDSTROM
Area Manager - Receiving (Monday pm-Saturday am; 8:00pm-4:30am)
Permanent · San Bernardino
NORDSTROM
Asset Protection - Agent - Victoria Ward Village Rack
Permanent · Honolulu
LULULEMON
Assistant Manager, Guest Experience | Hill Country Galleria Pop-up
Permanent · Austin
By
Reuters
Published
Nov 25, 2020
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Nordstrom misses sales estimates as pandemic hits formal wear demand

By
Reuters
Published
Nov 25, 2020

Nordstrom Inc missed estimates for quarterly sales on Tuesday as weak store traffic at U.S. fashion retailers during the COVID-19 pandemic hammered demand for formal apparel.


Nordstrom


U.S. department stores, which were struggling to boost sales even before the pandemic, have poured millions into their supply chains and online operations ahead of the holiday season, to keep pace with deeper-pocketed retailers like Walmart Inc and Target Corp.

Nordstrom’s online focus as well as its annual Anniversary Sale being moved to the third quarter from the second helped its digital business grow 37%, although that did not offset sales declines at its brick-and-mortar stores.

Seattle, Washington-based Nordstrom’s net sales fell to about $3 billion in the third quarter ended Oct. 31, from $3.57 billion last year, versus a Refinitiv IBES estimate of $3.12 billion.

Net earnings more than halved to $53 million, or 34 cents per share.

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