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Guess to close underperforming stores in North America

Retail Dive LogoRetail Dive1d ago

Guess to close underperforming stores in North America - Retail Dive

Quick Summary:

The company’s Rag & Bone acquisition is driving revenue increases, but profits plunged in the holiday quarter.

While the company mulls an even closer tie-up with WHP, it is shaking up its operations to some extent.

WHP last month bid $13 per share in cash; at press time shares were trading at around $11.

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Article Details

Author / Journalist: Daphne Howland

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-04 @ 12:22:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: retaildive.com

Language: English

Article Length: 392 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Retail Dive

News ID: 27588216

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About Retail Dive

Retail Dive Logo

Main Topics: Business

Official Website: retaildive.com

Year Established: 2012

Headquarters: United States

News Last Updated: 1 days ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #97

Publisher Details

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The story "Guess to close underperforming stores in North America" was covered 1 days ago by Retail Dive, a news publisher based in United States.

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  • URL: https://chronographically.beamstart.com/news/guess-to-close-underperforming-stores-174378531516

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