Guess? reported F3’21 (to Oct. 31) revenues which fell by 7.6% year over year but “significantly exceeded our expectations” according to CEO Carlos Alberini. The revenues also beat consensus estimates for a 16.2% decline. Panjiva’s data shows U.S. seaborne activity linked to the firm climbed 12.2% year over year in September and improved by a further 7.5% in October. The firm has moved to a single product offering globally which will “significantly cut product development costs throughout our supply chain” as well as reorienting to athleisure during...