Shops Like Fashion Bug Report Higher Profits

Charming Shoppes Inc, the parent company of boutiques like Fashion Bug, Lane Bryant and Catherines, saw its fiscal first-quarter earnings beat expectations on lower operating expenses and margin growth that helped to offset lower traffic. The company said that they didn't see the typical sales and traffic builds leading up to the Easter holiday, so they will have to be more aggressive with their marketing efforts going forward.
This should mean some great online and in-store deals at Fashion Bug are coming soon. The stores have been on-trend with their spring assortments of core and fashion women's plus-size apparel this season. However, the company is having to contend with rising cotton prices which could put a damper on growth. While sales at their brick and mortar stores showed slight declines, online sales rose 16% on average.