Tillys Steadied By E-commerce

Despite choppy traffic at its physical stores, the action-sports-inspired retailer beat its fiscal-second-quarter comps forecast thanks to steady traffic online.

Billabong Swings to Full-Year Loss

Billabong International Ltd. said its three core brands – Billabong, Element and RVCA – all delivered growth in its fiscal year ended June 30, but operating earnings were down due to foreign currency headwinds and gross margin pressures to reduce inventories.