Nordstrom, a leading US-based fashion retailer, saw sales increase 44% in the first quarter of the 2021 fiscal year ending May 1, 2021 to $ 2.9 billion. It was. Pre-accounting. Net loss for the quarter fell to $ 166 million (Q1 2020: $ 521 million).
Eric Nordstrom, Nordstrom’s Chief Executive Officer, said in a press release:
The company’s digital revenue in the first quarter of 2009 increased 23% compared to the same period last year, which accounted for 46% of total revenue. Nordstrom brand sales were up 37% to $ 1.8 billion ($ 1.3 billion) and Nordstrom Rack sales were up 59% to $ 1 billion ($ 669 million).
“We continue to serve our long-standing and new customers with the latest and most relevant products, more choices and better service,” said Pete Nordstrom. The brand manager said.
