8/28/13

Express Inc.’s web sales soar nearly 27% in the second quarter

Online sales accounted for more than 12% of the retailer’s total sales.

Zak Stambor , Managing Editor

Specialty apparel retailer Express Inc. today reported that its web sales soared 27% in the second quarter and more than 37% in the first half of 2013.

For the second quarter ended Aug. 3, Express, No. 97 in the Internet Retailer 2013 Top 500 Guide, reported:

"We delivered a very solid second quarter,” says Michael Weiss, Express chairman and CEO. "Our customers are responding enthusiastically to our assortments, which are trend-right, differentiated and well-edited.  We are seeing this reflected in improved conversion rates. As we move into the second half of the year, we are confident in our product and marketing strategies, and believe we are well positioned for the fall and holiday seasons."

For the first half of 2012, Express reported:

Topics:

e-commerce earnings, Express, Michael Weiss, online apparel sales, Q2 earnings, Top 500

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