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...
31 Aug 2020
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...
6 Aug 2020
RTW Retailwinds, Inc. has announced an asset purchase agreement with Sunrise Brands, 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 businesses Nyandcompanycloset.com and Fashiontofigurecloset.com for a cash purchase price...
4 Aug 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...
20 Mar 2020
RTW Retailwinds, Inc. has said that following poor holiday sales, it now expects comparable store sales for the fourth quarter to be down 8 percent to 10 percent, as compared to the same period last year. The operating loss for the quarter is now expected to reflect a loss in the low to mid 20 million dollars. Commenting on the holiday trading,...
13 Jan 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...
6 Dec 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...
23 Aug 2019
