WWD.com/beauty-industry-news/financial/markdowns-take-toll-on-chico-s-profits-503927
financial
financial

Markdowns Take Toll on Chico's Profits

By Jeanine Poggi
financial/news
Women's apparel retailer Chico's FAS posted a 59 percent drop in fourth-quarter earnings becuase of fashion missteps that resulted in heavy markdowns.