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Sales of American fashion retailer Nordstrom increased 18% in the August-October quarter

Due to a temporary shift in sales on the anniversary of the third quarter of 2009, Nordstrom, a leading U.S.-based fashion retailer, saw sales of $ 3 billion in the year-ago quarter. , Was able to boost sales of 17.7% to $ 3.5 billion. total. Three-month net income expanded to $ 64 million (third quarter 2010: $ 53 million).

Due to a temporary shift in sales on the anniversary of the third quarter of 2009, Nordstrom, a leading U.S.-based fashion retailer, saw sales of $ 3 billion in the year-ago quarter. , Was able to boost sales of 17.7% to $ 3.5 billion. total. Three-month net income expanded to $ 64 million (Q3 2010: $ 53 million).

“We have long benefited from our commitment to customer service, new and engaging products, innovative brand partnerships, interconnected digital and physical assets, but we leverage these strengths. And to increase your market share in a profitable way, you need to act faster. ” Eric Nordstrom, Chief Executive Officer of Nordstrom, Said in a press release.

Due to a temporary shift in sales on the anniversary of the third quarter of 2009, Nordstrom, a leading U.S.-based fashion retailer, saw sales of $ 3 billion in the year-ago quarter. , Was able to boost sales of 17.7% to $ 3.5 billion. total. Three-month net income expanded to $ 64 million (Q3 2010: $ 53 million).

“We are taking steps to improve Nordstrom Rack’s performance, including optimizing inventory levels, improving the balance of price points, and increasing brand awareness. We also improve company-wide product margins. Despite the challenges of the global supply chain, work is underway to ensure the visibility and flexibility needed to seamlessly serve our customers, ”Eric continued.

Due to a temporary shift in sales on the anniversary of the third quarter of 2009, Nordstrom, a leading U.S.-based fashion retailer, saw sales of $ 3 billion in the year-ago quarter. , Was able to boost sales of 17.7% to $ 3.5 billion. total. Three-month net income expanded to $ 64 million (third quarter 2010: $ 53 million).

Nordstrom brand sales for the quarter ended October 30, 2021 were $ 2.3 billion, up 10.5% from last year. Meanwhile, the Nordstrom Rack brand reports sales increased 35.2% to $ 1.2 billion in the third quarter of 2010.

Due to a temporary shift in sales on the anniversary of the third quarter of 2009, Nordstrom, a leading U.S.-based fashion retailer, saw sales of $ 3 billion in the year-ago quarter. , Was able to boost sales of 17.7% to $ 3.5 billion. total. Three-month net income expanded to $ 64 million (Q3 2010: $ 53 million).

Pre-tax profits for luxury department stores in the United States improved to $ 127 million. However, third-quarter digital sales were down 12% from last year, but increased 20% in the pre-pandemic period.

Due to a temporary shift in sales on the anniversary of the third quarter of 2009, Nordstrom, a leading U.S.-based fashion retailer, saw sales of $ 3 billion in the year-ago quarter. , Was able to boost sales of 17.7% to $ 3.5 billion. total. Three-month net income expanded to $ 64 million (Q3 2010: $ 53 million).

“Using the lessons learned from this year’s anniversary sale, the team combined merchandising techniques with data-driven insights to place the right assortment in the right place at the right time.” Pete Nordstrom, President and Chief Brand Officer of Nordstrom, Said in the release.

Due to a temporary shift in sales on the anniversary of the third quarter of 2009, Nordstrom, a leading U.S.-based fashion retailer, saw sales of $ 3 billion in the year-ago quarter. , Was able to boost sales of 17.7% to $ 3.5 billion. total. Three-month net income expanded to $ 64 million (Q3 2010: $ 53 million).

“During the holiday season, we will use an integrated network of stores and digital platforms to showcase holiday dressings, decorations and gift offerings, providing customers with a festive experience and useful services that make shopping easy and enjoyable. I’m excited about the plan, “Pete concludes.

Due to a temporary shift in sales on the anniversary of the third quarter of 2009, Nordstrom, a leading U.S.-based fashion retailer, saw sales of $ 3 billion in the year-ago quarter. , Was able to boost sales of 17.7% to $ 3.5 billion. total. Three-month net income expanded to $ 64 million (Q3 2010: $ 53 million).

Nordstrom has reaffirmed its outlook for 2021 and expects sales growth of 35% compared to FY2008.

Fiber2Fashion News Desk (JL)



Sales of American fashion retailer Nordstrom increased 18% in the August-October quarter

Source link Sales of American fashion retailer Nordstrom increased 18% in the August-October quarter

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