The luxury skiwear and lifestyle brand narrowed its loss in the fiscal year ended Mar. 31 to $8,722,000 from a loss of $10,305,000 prior, as revenues inched up 4% to $24,443,000 from $23,438,000. Direct-to-consumer e-commerce sales jumped 21% to $10.4 million, while wholesale contracted by 6% to $14.1 million. Gross margin increased by 40 basis points to 37.8%, helped by more direct ... Log in to view full article.
