6/03/11

The web grows almost 40% in Q1 for Express

E-commerce now accounts for 8% of sales.

Mark Brohan , Research Director

Web sales increased nearly 40% for specialty apparel retailer Express Inc. in its fiscal first quarter.

For the first quarter ended April 30, Express, No. 124 in the Internet Retailer Top 500 Guide, reported:

Internet Retailer calculates the web accounted for 8.0% of total sales compared with 6.4% in the first quarter of 2010.

“We had a strong start to the year, reporting better-than-expected comparable sales and earnings, continuing our positive momentum from 2010,” says CEO Michael Weiss.

Topics:

Express, Michael Weiss, specialty apparel, Top 500, web sales

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