Net loss widened to C$85.0 million ($63.3 mm) in the fiscal first quarter ended July 2, from a loss of C$63.6 million last year, on revenue that was up 21% (+18% CC) to C$84.8 million ($63.1 mm) from C$69.9 million. The company’s ongoing transformation program to boost in-house production and create other long-term efficiencies continues to drag the bottom line. By channel, DTC sales were up 60% (+54% CC) to C$55.8 million on the strength of brick-and-mortar, with stores comping up 28.0%. DTC penetration jumped to 66% of sales from 50% ... Log in to view full article.