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Why Nordstrom Will Be ‘Conservative’ About Apparel Buying This Year

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

Net sales for Nordstrom’s holiday season decreased 20 percent to $3.55 billion, largely falling in line with expectations of $3.6 billion in sales from analysts polled by Refinitiv. And the department store did come out of the final quarter with a profit of $33 million, albeit well below last year’s holiday total of $193 million….

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