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
For the third quarter, net sales at RTW Retailwinds, Inc. declined to 200.1 million dollars, reflecting a 4 percent decrease in comparable store sales, and a net reduction in store count by 14 stores from the prior year third quarter, partially offset by an increase in sales from new businesses. Net loss for the quarter was 11.6 million dollars...
Dec 6, 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
For its third quarter, RTW Retailwinds, Inc., formerly known as New York & Company, Inc. reported net sales of 210.8 million dollars compared to 214.2 million dollars in the prior year, reflecting a reduction of 31 stores, partially offset by growth in ecommerce sales and increased sales from Fashion to Figure. Comparable store sales increased...
Nov 30, 2018
Women’s apparel retailer New York & Company Inc. will be changing its name to RTW Retailwinds Inc. effective Monday, November 19, 2018. According to the company’s CEO, Greg Scott, the decision reflects the business’ growth and plans to expand its market share even more in the future. In addition to NY&Co, its portfolio also includes the brand...
Nov 12, 2018
New York & Company, Inc. has announced the official launch of its corporate reinvention to a multibrand lifestyle platform. The company said that its vision is to be the premier incubator of lifestyle brands by leveraging the company’s expertise in celebrity, design, customer, ecommerce, operations, real estate, and inventory optimization to...
Sep 12, 2018
For its second quarter, New York & Company, Inc. reported net sales of 216.4 million dollars compared to 224.1 million dollars in the prior year. The decrease in net sales, the company said, reflects a reduced store count and the shift of an important pre-Mother’s Day week into the first quarter and was partially offset by increased sales from...
Aug 24, 2018
New York & Company, Inc. has announced a multi-year partnership with Kate Hudson, actress, author and businesswomen to be the brand ambassador of its 200 million dollars “Soho Jeans” collection. The company added that Hudson will also develop her own ready-to-wear fashion line for the company. “We are excited to partner with Kate Hudson and...
Aug 22, 2018
New York & Company’s net sales were 278.7 million dollars compared to 266.3 million dollars in the prior year. Comparable store sales increased 3 percent largely driven by a double-digit percentage increase in the company’s ecommerce business, combined with increased royalty and related revenue from the private label credit card agreement. Net...
Mar 23, 2018
New York & Company, Inc. has appointed Miki Racine Berardelli as an independent director to its board, effective January 3, 2018. The company said, Berardelli brings to the company’s board significant experience in digital marketing and commerce in the apparel retail industry. Commenting on Berardelli’s appointment, Grace Nichols, New York &...
Jan 12, 2018
New York & Company has said that its comparable store sales for the nine-week period ended December 30, 2017 increased approximately 3 percent and that the company continues to expect comparable store sales for the full quarter to be up in the low single-digit percentage range, as compared to the same period last year. Commenting on the company’...
Jan 8, 2018
