Fashion retailer & Other Stories, part of the H&M group, has announced it will be bringing its collections to US multibrand retailer Nordstrom. A curated selection of & Other Stories collections will be available at Nordstrom, including a range of ready-to-wear, shoes, accessories, jewellery and beauty from the & Other Stories ateliers in Paris,...
Aug. 26, 2021
Nordstrom, Inc. reported net earnings of 80 million dollars or 49 cents per diluted share, with EBIT of 151 million dollars for the second quarter. The company now expects full year net sales to increase over 35 percent compared to previous outlook of increase of more than 25 percent and EBIT margin, as percent of sales is expected to range...
Aug. 25, 2021
Nordstrom has made some major merchandise team changes. Most notably, Debbi Hartley-Triesch, the former Northwest regional manager and a 30-year veteran of Nordstrom, has been promoted to general merchandising manager of beauty and accessories. She succeeds Gemma Lionello, who will be stepping into the role of Northeast regional manager at...
Aug. 20, 2021
Nordstrom has launched its annual campaign with the nonprofit Shoes That Fit. For the past 11 years, Nordstrom has worked with its customers to provide over 240,000 pairs of brand-new, properly fitting shoes to kids in need in local communities where Nordstrom operates. Nordstrom partnered with Shoes That Fit realizing how expensive new shoes...
Aug. 16, 2021
American department store chain Nordstrom has named Farrell Redwine as its new chief human resources officer. She will join the executive team and report to Nordstrom CEO Erik Nordstrom. Redwine joined Nordstrom in 2016 and has held various leadership roles throughout her tenure, most recently overseeing centers of excellence for the entire...
Jul. 20, 2021
Nordstrom, Inc. reported a pre-tax loss of 85 million dollars and loss per diluted share of 1.05 dollars. Net sales for the quarter increased 44 percent compared to first quarter of fiscal 2020 and decreased 13 percent from the same period in fiscal 2019. “We are encouraged by sales trends both in our stores and our digital business, supported...
May 26, 2021
As part of Pride month, Nordstrom will be providing a grant to the Trans Lifeline x FOLX Hormone Replacement Therapy (HRT) Care Fund, to support transgender, nonbinary and gender nonconforming individuals. For anyone struggling to access hormone care, this fund will underwrite their choice of Hormone Replacement Therapy (HRT) care through FOLX,...
May 17, 2021
Department store retailer Nordstrom has launched an in-house brand titled Open Edit featuring apparel for women, men, and kids. The collection consists of apparel, shoes, jewelry, and accessories emphasizing size-inclusive ranges from xxs-3x. Pieces in the collection were produced using organic cotton or recycled material such as polyester, or...
Apr. 26, 2021
Nordstrom Inc. has announced its sustainability initiatives, including grant funding for textile recycling and flighting climate change, along with reducing its carbon footprint and eliminating plastic gift cards. Nordstrom stated it is committed to contributing 1 million dollars in corporate grants to support industry innovation for textile...
Apr. 20, 2021
Nordstrom, Inc. closed on its previously announced offering of a 250 million dollar aggregate principal amount of its 2.300 percent Senior Notes due 2024 and a 425 million dollar aggregate principal amount of its 4.250 percent Senior Notes due 2031. The company will use the net proceeds from the sale of the Notes, together with cash on hand, to...
Apr. 9, 2021
American department store chain Nordstrom has partnered with Comme des Garçons owned concept store Dover Street Market Paris to highlight emerging designers in the fashion industry. The collaboration will feature seven individual up-and-coming brands curated by Dover Street that introduce their spring/summer 2021 collections in select Nordstrom...
Apr. 8, 2021
Nordstrom, Inc. reported earnings per diluted share for the fourth quarter of 21 cents, which reflected an income tax benefit related to the CARES Act. The company said, net sales decreased 20 percent, which improved sequentially by 600 basis points relative to the third quarter, after adjusting for a shift of the Nordstrom Anniversary Sale. “We...
Mar. 3, 2021
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