The luxury skiwear and lifestyle brand’s bottom line swung to a profit of $93,000 from a loss of $2,482,000, on flat sales of $11,656,000, up from $11,658,000 prior, for the third quarter ended Dec. 31. Improved operational execution has enabled better fulfillment and shipping timing. Direct-to-consumer e-commerce sales were down 21% to $2.9 million, shifting away from discounted online sales toward a full-price brand model. However, wholesale improved 15% to $8.5 million. Gross margin soared 960 basis points to 64.4% due to a ... Log in to view full article.