Bernard Chaus Inc. was unable to cut costs fast enough to compensate for sharply lower sales in the fourth quarter, driving up its losses.
For the three months ended June 30, the women’s sportswear marketer suffered a net loss of $3.2 million, or 9 cents a diluted share, compared with $2.6 million, or 7 cents, in the 2007 quarter. Sales slid 17.6 percent to $24.4 million from $29.7 million in the year-ago period.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)