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Currently, the apparel industry in the U.S. is being driven by growth in the direct-to-consumer channel.
FORBES: Quick Take
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Revenue over the Christmas and New Year selling season was 15% up on 2011-12, driven by a boost to its direct orders and online business.
BBC: A CSL store
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As Ann releases its Q4 fiscal 2012 earnings on March 8, we expect its strong performance to continue driven by good customer response to its fashion-based apparel, healthy direct-to-consumer growth and balanced pricing strategy.
FORBES: Quick Take