new york & co news and archive

New York & Co sells for 20 million dollars

New York & Co.'s parent company, RTW Retailwinds has sold the brand's e-commerce business and related intellectual property to Sunrise Brands LLC for 20 million dollars. Sunrise has acquired New York & Co., size-inclusive brand Fashion to Figure, and both brands' online rental subscription services. The company has said it plans to continue...

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Report

New York & Co. begins liquidating stores after parent company files for bankruptcy

New York – Fashion chain New York & Co. has already begun liquidating all its stores, two weeks after its parent company, RTW Retailwinds Inc., filed for Chapter 11 bankruptcy protection on July, 13. According to the filing, RTW Retailwinds is planning to close most of its brick-and-mortar stores, as well as possibly sell its e-commerce business...

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Business

New York & Co reports decline in Q3 comparable and net sales

REPORT_ For the third quarter ended November 2, 2014, New York & Co reported net sales of 210.3 million dollars, as compared to 217.6 million dollars for the third quarter, last year. Comparable store sales decreased 3.4 percent, as compared to an increase of 3 percent for the third quarter of fiscal year 2013. Gross profit as a percentage of...