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Carter’s CEO: Holiday Air Freight Kept Wholesale Partners in Stock

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

Carter’s saw net sales for the fourth quarter increase 7.3 percent, with comp-store sales rose 15 percent, though freight costs weighed on earnings. In a Nutshell: “As expected, earnings in the quarter reflected higher provisions for air freight, which helped us keep our largest wholesale customers in a better in-stock position over the holidays than…

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