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Fifth & Pacific posts 4.2% sales dip Thursday, 25th October 2012
Image courtesy of Juicy Couture
Net losses fell to USD 18.8 million from USD 214.6 million a year earlier.
Sales for the three months ended 29 September fell 4.2 per cent to USD 364.6 million from USD 380.7 million. Kate Spade was the star performer, with a 22 per cent same-store sales gain for the third quarter.
Lucky Brand was up five per cent whilst Juicy Couture remained flat.
The company expects EBITDA of USD 100 million to USD 115 million.