Coldwater Creek Inc.’s second quarter was hurt by lower sales in July.
For the three monts ended Aug. 3, the net loss was $16.4 million, or 54 cents a diluted share, from a net loss of $17.6 million, or 58 cents, a year ago. Net sales were down 8.5 percent to $149.7 million from $163.7 million, which included an 8.7 percent decline in retail sales to $118.6 million. The balance was from direct-to-consumer sales. The retailer said comparable-store sales fell 7.3 percent in the quarter.
Peter Kim's Los Angeles-based premium denim line has always had its finger on the pulse of youth. This season, novelty is back in a way reminiscent of early Aughts, with studs, lace-ups, racing waxed denim and more. For more highlights if some of the key brands at the Vegas trade shows, go to WWD.com. #wwdfashion (📷: Patrick Gray; Styles by @thealexbadia; Story by @karihamanaka and @marcy_wwd)
"I was driving back on Saturday afternoon from the beach, and I just saw this sign saying 'Skydiving for $95.' And I was like, I can't not sky dive for $95," says Tom Bateman about a moment in Hawaii while shooting "Snatched." #wwdeye (📷: @vsteves; Interview by @ktauer; Styled by @thealexbadia)