10 days ago | By Fashion United

Image: Land's End
Lands' End, Inc. reported fourth quarter net revenue decreased 4.6 percent to 529.6 million dollars,
For the fiscal year, net revenue decreased 5 percent to 1.56 billion dollars. Global ecommerce net revenue decreased 10.1 percent to 1.1 billion dollars for the fiscal year.
Commenting on the fourth quarter and full year trading, Andrew McLean, the company's chief executive officer, stated: “We executed well throughout the fourth quarter to deliver sequential sales and margin improvement in each month of the quarter, resulting in revenue and adjusted EBITDA at the higher...
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Cato Fashions cuts Q4 loss

10 days ago | By Fashion United

Image: Cato Fashions
The Cato Corporation reported a net loss of 3 million dollars or 14 cents loss per diluted share for the fourth quarter compared to a net loss of 6.5 million dollars or 30 cents per diluted share for the same quarter last year.
Sales for the fourth quarter were 177.5 million dollars, an increase of 2 percent, while same-store sales for the quarter increased 3 percent. For the year, the company's sales decreased 1 percent to 752.4 million dollars, while same-store sales decreased 1 percent compared to 2021.
"We are pleased that we were able to deliver comparable store...
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G-III revenue up 14 percent in Q4, but swings to loss

10 days ago | By Fashion United

Image: DKNY, Facebook
G-III Apparel Group swung to a loss in the fourth quarter ended January 31 despite revenue increasing 14.2 percent year-on-year.
The Nasdaq-listed company, whose portfolio includes brands Karl Lagerfeld, DKNY, and Donna Karan, made a net loss of 261.1 million dollars compared to a profit of 48.4 million dollars a year earlier.
That came as revenue increased to 854.4 million dollars from 748.2 million dollars the prior year.
For the full year, the company made a net loss of 133.1 million dollars, compared to a profit of 200.6 million dollars a year earlier, while its...
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