Digital Channel Success
Direct sales increased by 2% compared to the prior year, with success in digital prospecting and growth in new-to-brand customers delivering a healthy return.
New Store Openings
Two new stores were opened in Q3, one in Chicago and one in Houston, with positive early results.
Strategic Cost Actions
Decisive cost actions were taken to streamline the organization and improve operational efficiencies, positioning the company for future growth.
Product Innovation and Testing
Success in new product categories such as fashion denim, faux suede, and faux leather outerwear, as well as small capsules in sleep, travel sets, and cashmere, showing strong full-price results.
Shareholder Returns
Repurchased 115,612 shares for approximately $2 million in Q3, bringing year-to-date repurchases to about 371,000 shares for $6.5 million.