View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
  1. News
August 17, 2010

US: People’s Liberation sinks to Q2 loss

High-end casual apparel company People’s Liberation posted a narrow second quarter loss after revenues slumped 31.2%, hit by slow sales from its Charlotte Russe distribution and poor wholesale revenues.

 

High-end casual apparel company People’s Liberation posted a narrow second quarter loss after revenues slumped 31.2%, hit by slow sales from its Charlotte Russe distribution and poor wholesale revenues.

The US company said retailer closures and reduced inventory had affected revenues for its William Rast and People’s Liberation brands.

“We are focused on building awareness and visibility by increasing the number of our branded stores for both William Rast and J Lindeberg,” said company chairman and CEO Colin Dyne.

“Both our J Lindeberg and William Rast retail stores have seen increased momentum and awareness.”

 

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Monday. The industry's most comprehensive news and information delivered every quarter.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Just Style