×
92 043
Fashion Jobs
NORDSTROM
Asset Protection - Security Ambassador - Willow Grove Park Rack
Permanent · Willow Grove
NORDSTROM
Asset Protection - Agent - Orem University Crossing Rack
Permanent · Orem
NORDSTROM
HR Business Partner, Supply Chain - Portland, or - Hybrid
Permanent · Portland
NORDSTROM
Asset Protection Agent - Victoria Ward Village Rack
Permanent · Honolulu
KOHLS
Full-Time Sales Supervisor - Softlines
Permanent · Salisbury
GAP
Asset Protection Service Representative - Gloucester Premium
Permanent · Gloucester Township
GAP
Asset Protection Service Representative - Atlantic City Tanger
Permanent · Atlantic City
NIKE
Materials Costing Manager
Permanent · Beaverton
CONVERSE
Retail Operations Manager
Permanent · Boston
NIKE
Art Director
Permanent · Beaverton
NIKE
Digital Loss Prevention Data Analyst - North America Nike Direct Digital Commerce (Remote Option*)
Permanent · Beaverton
NIKE
Director, Technical Product Management – Tech Ops Resilience (Remote Option*)
Permanent · Beaverton
NIKE
Director, Technical Product Management – Enterprise Service Management HR Service Delivery
Permanent · Beaverton
NIKE
Content Manager
Permanent · Los Angeles
CONVERSE
Senior Financial Analyst, Global Business Planning
Permanent · Boston
NIKE
Tech Finance Analyst
Permanent · Beaverton
NIKE
Nike Security Manager – Foothill Ranch
Permanent · Lake Forest
NIKE
Nike Security Manager – Los Angeles
Permanent · Los Angeles
NIKE
Lead Technical Product Manager, Privacy (Remote Option*)
Permanent · Beaverton
NIKE
Finance Data Product Owner
Permanent · Beaverton
NIKE
Senior Technical Product Manager (Remote Option*)
Permanent · Beaverton
NIKE
Global Store Operations Manager
Permanent · Beaverton
Published
Mar 17, 2017
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

New York & Company to drive growth with Eva Mendes Collection

Published
Mar 17, 2017

New York & Company sees a bright spot in its Eva Mendes Collection. The company on Thursday reported strong results from the collection and announced plans to expand its partnership with the actress.
 
The Eva Mendes Collection will be expanded to over 50 shop-in-shops and 19 Eva Mendes boutiques, including six New York & Company stores that are opening in the coming months. New York & Company aims to attract new clientele with the expansion.


Actress Eva Mendes

 
"We marked an extraordinary milestone with Eva this past year, achieving over $50 million in sales, with a goal to reach over $100 million in the near term," explains Greg Scott, CEO of New York & Company. "Eva has been a fantastic partner and I'm excited to see how this expansion will impact Eva's fans.
 
New York & Company full year net sales decreased to $929.1 million and comparable store sales decreased 0.7%. GAAP operating loss was $15.4 million and net loss was $17.3 million.

Fourth quarter net sales also decreased to $266.3 million, and comparable store sales fell 0.4%. Gross profit as a percentage of net sales increased 170 basis points to 27.4% and SG&A expenses were $82.3 million. Despite the decreases in the quarter, New York & Company met its expectations for the quarter with a double-digit increase in e-commerce and an expansion in overall gross profit margin.
 
In addition, GAAP operating loss was $9.2 million in the fourth quarter and GAAP net loss was $10.0 million. Full year and fourth quarter net loss per diluted share were $0.27 and $0.16, respectively.
 
For 2017, New York & Company plans to continue driving growth in e-commerce and its celebrity and sub-brands. The company also expects its first quarter net sales to decline in the in the low single-digit percentage range and comparable sales to range from low single-digit negative to flat.

Copyright © 2022 FashionNetwork.com All rights reserved.