Carter's extends international reach
The Atlanta children's clothing company Carter's is expanding its online sales and extending its international reach, its CEO said this week.
The company's fledgling e-commerce site is selling ahead of schedule, chairman and CEO Michael D. Casey said in a second-quarter conference call Wednesday. The company is spending more to keep up with increased demand, and is taking steps to bring its e-commerce distribution in-house.
In addition to making it possible for international customers to order online, Carter's is focusing on expansion in Canada and is paying greater attention to its licensing partners abroad. In the near term, Casey said, the company sees opportunities in China and Japan. It also intends to open at least 100 stores in Canada over the next five years.
Carter's made $20.8 million in the quarter, a 64 percent increase over the $12.7 million it made in the same quarter last year.
About the Author
Arielle Kass covers Gwinnett County for The Atlanta Journal-Constitution. She started at the paper in 2010, and has covered business and local government beats around metro Atlanta. Arielle is a graduate of Emory University.
