Gabrielle Kivitz
Gabrielle Kivitz
apparel brand decision few franchise grow hard home outside smart successful
It's a smart decision to franchise if you want to grow a brand globally. It's especially hard for an apparel retailer -- few have been successful going outside of their home market.
activity continue encouraged high likely note pressure
We are encouraged by the better-than-expected (comparable-store sales) ... but we note that high promotional activity will likely continue to pressure merchandise margins.