Mall retailers come off tough quarter
June 4, 2019
A number of retailers and brands, primarily sold in mall stores, saw their share prices fall dramatically after reporting disappointing earnings last week. Abercrombie & Fitch’s shares were down 26 percent, Gap was down nine percent, J. Jill fell 53 percent and PVH Corp., which owns Calvin Klein, Tommy Hilfiger and Van Heusen, dropped 10 percent.
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