RTW Retailwinds, Inc. has announced that after a bankruptcy auction on Friday August 28, 2020 it has entered into a new asset purchase agreement with Saadia Group, LLC, for the sale of its e-commerce business and all related intellectual property, including its websites, Nyandcompany.com, Fashiontofigure.com and its rental subscription...
Aug 31, 2020
Fourth quarter net sales at RTW Retailwinds, Inc. were 224 million dollars compared to 247.3 million dollars in the prior year, reflecting a 7.4 percent reduction in comparable store sales, and a reduction in store count. Gross profit as a percentage of net sales decreased 460 basis points to 24.2 percent. GAAP operating loss for the fourth...
Mar 20, 2020
Fashion To Figure, (FTF) one of the first fashion retailers catering to the plus-size market, has partnered with Gabrielle Union's namesake clothing line to offer plus-sizes from 12-24. The first Gabrielle Union x FTF Collection features holiday styles curated to reflect Gabrielle Union's glamour and edge paired with FTF's unapologetic...
Dec 5, 2019
Second quarter net sales at RTW Retailwinds, Inc. were 201.9 million dollars, reflecting a 4.8 percent decrease in comparable store sales, and a net reduction in store count by 13 stores from the prior year second quarter, partially offset by an increase in sales from new businesses. Net loss for the quarter was 7.5 million dollars or a loss of...
Aug 23, 2019
RTW Retailwinds, Inc., formerly known as New York & Company, Inc. reported net sales of 247.3 million dollars compared to 278.7 million dollars in the prior year, reflecting a reduction in comparable store sales, a reduction in store count by 36 closed stores, and the impact of the 53-week year in the prior year, partially offset by the...
Mar 22, 2019
New York & Company has announced that the company would acquire certain assets of Fashion to Figure, a US based retailer of plus-size fashion, including intellectual property rights related to the brand, for a cash purchase price of 1.4 million dollars and no more than 1 million dollars of fees and expenses. The company said in a statement that...
Nov 28, 2017
The plus-size retail has plans to close at least 10 locations after the holiday season. Fashion to Figure currently runs 26 stores along the U.S. East Coast. The big cut responds to an ill-timed expansion fueled by an 18.2 million dollars investment in 2013 by Perella Weinberg Partners, explained the company’s CEO, Michael Kaplan, in an...
Oct 23, 2017
