NEW YORK — Boosted by a higher gross profit margin, Bernard Chaus Inc. provided evidence of a turnaround with second-quarter gains that came against year-ago losses.

The women’s sportswear manufacturer said income for the three months ended Dec. 31 was $580,000, or 2 cents a diluted share, against a loss of $5.3 million, or 20 cents, in the year-ago period. Sales rose 3.1 percent to $30.9 million from $30 million. Revenues include a one-month contribution from S.L. Danielle, a manufacturer of moderately priced, private label apparel acquired in December.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus