82 393
Fashion Jobs
RAG & BONE
Account Executive
Permanent · NEW YORK
RAG & BONE
Senior Coordinator, Retail Marketing
Permanent · NEW YORK
MACY'S
Manager, Asset Protection
Permanent · FRIENDSWOOD
MACY'S
Asset Protection Detective, Southlake Mall - Part Time
Permanent · CLAYTON
MACY'S
Asset Protection Detective - Multi-Store, South Shore Plaza - Full Time
Permanent · BRAINTREE
MACY'S
Asset Protection Lead Detective - Multi-Store, South Shore Plaza - Full Time
Permanent · BRAINTREE
MACY'S
Manager, Asset Protection - Multi-Store
Permanent · FAIRVIEW HEIGHTS
STAND OUT FOR GOOD
Brand Rep
Permanent · LEAWOOD
RALPH LAUREN
Associate Manager
Permanent · TEXAS CITY
RALPH LAUREN
Associate Manager
Permanent · LEEDS
RALPH LAUREN
General Manager
Permanent · ALBERTVILLE
RALPH LAUREN
General Manager
Permanent · WOODSTOCK
QVC
Area Manager- Fulfillment Center, Nights
Permanent · SUFFOLK
QURATE RETAIL GROUP
Area Manager- Fulfillment Center, Days
Permanent · FLORENCE
LEE
PT Keyholder, Ellenton, FL
Permanent · ELLENTON
SUPRO CONSULTING
Area Sales Manager - on Roll - Opening
Permanent · SALEM
URBN
Anthropologie Design Director
Permanent · PHILADELPHIA
SACK OFF 5TH
Merchandise Planner, Women’s Core/Trend/pl Shoes
Permanent · NEW YORK
HUGO BOSS
Employee Relations Specialist
Permanent · DALLAS
AMERICAN EAGLE OUTFITTERS
ae - Merchandise Leader (Part-Time) - us
Permanent · EDINBURGH
AMERICAN EAGLE OUTFITTERS
Aerie - Merchandise Leader (Part-Time) - us
Permanent · WICHITA
AMERICAN EAGLE OUTFITTERS
ae - Merchandise Leader (Part-Time) - us
Permanent · VACAVILLE
Published
Apr 28, 2017
Download
Download the article
Print
Text size

Naked Brand posts sales increase, reduces net loss in fiscal 2016

Published
Apr 28, 2017

Naked Brand Group released on Thursday its fourth quarter and fiscal 2016 results, marking as the first financial results since proposing a merger with Bendon Limited. Naked and Bendon proposed a merger in January, which if accepted would make Naked CEO Carole Hochman the Chief Creative Officer of the company. 


Naked Brand

 
Full year net sales climbed 32.6% to $1.8 million, and net loss for the year was $10.8 million, or $1.77 per share, which includes $5.3 million in non-cash stock option compensation charges. The company reported in fiscal 2015 a net loss of $19.1 million, or $10.13 per share.
 
Fourth quarter net sales also increased by 21.9% to $0.55 million, driven by increased sales in specialty and retail accounts and third party e-commerce sites, as well as off-price sales channels that sold out of season and overstock inventory. Naked launched its women’s products at Lord & Taylor, Nordstrom and Amazon in August and the Wade x Naked collection at Nordstrom in October.

The company reduced its fourth quarter net loss to $2.6 million, or $0.42 per share, from a net loss of $10.6 million, or $2.94 per share, in the previous year. In addition, operating loss for the quarter was $2.6 million compared to $3.2 million in the prior year.
 
Naked kicked off its fiscal year with the launch of sleepwear, loungewear, and intimates lifestyle collection Comfortably You on the Home Shopping Network.

Copyright © 2024 FashionNetwork.com All rights reserved.