Net loss at the struggling licensor expanded to $10,779,000 in the fourth quarter from a loss of $2,193,000 last year on 31% lower licensing revenues of $24,245,000 down from $35,246,000. For the full year, the loss was $159,403,000 including $33.1 million in impairments on Jessica Simpson and Joe’s and a $161.2 million impairment for the divested Martha Stewart business, against a $10,483,000 loss in 2018. Full year revenues were down 20% to $101,576,000 from $127,290,000.

SQBG called out its GAIAM yoga brand as a key growth driver, where it is actively pursuing ... Log in to view full article.