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Davis said wholesale orders have now stopped declining.
"They had two relatively good seasons, but wholesale orders are flat at the moment".
Strong retail sales have also offset a slump in wholesale orders which have fallen by about 30%.
All told, Mr. Lam wrote $450,000 in wholesale orders for 15 stores, including Barneys, Neiman Marcus and Nordstrom.
The Casual Male Retail Group, which sells clothing for big and tall men, adjusts its wholesale orders weekly to balance its assortment of styles, sizes and colors.
"A more important lead indicator in our view is the fact that wholesale orders are down by 15%," he said, retaining a "sell" recommendation on the stock.
Similar(32)
By the end of the day, Tundra had an offer from a restaurant keen to make a wholesale order.
In this case, that was about 3.5 percent of each retail sale and 7 percent of each wholesale order, not including delivery costs.
Firstly the group is materially out-performing its broad fashion and apparel peer group on a like for like sales growth and wholesale order book basis.
"The stores are asking now for 30percentt in 'rent money,' " the designer said, referring to the fee, a percent of the wholesale order, for occupying floor space.
We expect the next trading update to be positive and highlight a continuation from the first quarter with wholesale order book growth of 26% and like for like sales up 8.5%.
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