Williams-Sonoma helped by West Elm brand, hurt by PBteen
By Sarah Very Shares of Williams-Sonoma Inc. tumbled Thursday as disappointed investors responded to lower-than-expected earnings caused by softening performance at the retailer’s Pottery Barn brand. The San Francisco, Calif.-based specialty home goods retailer, parent of the Pottery Barn and West Elm brands, said net income fell 4 percent to $141.1 million, or $1.55 per […]
“Brand Ambassador” promotion boosting profits at Express Inc.
By Poroma Pant Retailer Express Inc., citing the help from a series of successful celebrity endorser campaigns, turned in fourth-quarter earnings Wednesday that modestly beat analyst estimates. For the quarter ended Jan 30, the Ohio-based apparel chain reported net earnings of $56.1 million, or 67 cents per share compared to $41.8 million, or 49 cents […]
