USA: Clothing Retailer J Jill Posts Record Results
Leading retailer of women's apparel, accessories and footwear, The J Jill Group Inc, on Wednesday reported record fourth quarter and full year results and said it expects that growth to continue in 2002. Net sales for the fourth quarter increased by 3.8 per cent to $91.7 million from $88.4m in the prior year, while operating income totalled $12.4m or 13.5 per cent of net sales, compared to $12m or 13.6 per cent of net sales in the year-ago period.