The luxury skiwear and lifestyle brand’s bottom line swung to a loss of $2,482,000 from a profit of $1,204,000 on sales that were down 8% to $11,658,000 from $12,726,000 prior for the third quarter ended Dec. 31. The sales decline was attributed to a drop in collaboration revenue, partially offset by higher retail sales. Direct-to-consumer e-commerce sales ticked down 1% to $3.7 million, while wholesale contracted 6% to $7.4 million, driven by phased deliveries to match customer demand. Gross margin grew 270 basis points to 54.8% as it benefitted from ... Log in to view full article.