The Plymouth, Minesotta-based womenswear retail group reported improvements in its bottom line on Tuesday, as successful efforts to cut costs and optimize the company’s retail fleet offset a dip in sales.
Specialty women's retailer Christopher & Banks reported its full-year 2018 results on Wednesday, recording lacklustre fourth-quarter comparable sales that failed to lift net revenues overall during the holiday season.
The specialty women's apparel retailer announced that the first ten weeks of its fourth quarter comparable sales increased 3 percent, and now expects comparable sales to be positive low single digits for quarter.
The company's Board of Directors have rejected an unsolicited proposal from Carson’s Holdings, Inc. to acquire all the company's outstanding stock, announcing plans to launch an in-house stock repurchasing program.
Minneapolis-based Christopher & Banks has appointed Andrea Kellick as senior vice president and chief merchandising officer. As CMO, Kellick will oversee all aspects of product development, sourcing and merchandising.
Women's apparel and accessories chain Christopher & Banks has announced Richard Bundy as its new senior vice president and chief financial officer. Bundy will lead finance and accounting, distribution and logistics.