Hampshire Group Ltd. reduced its net loss in the fourth quarter despite a decline in sales at its Rio Garment unit and the winding down of its Geoffrey Beene and Joe Joseph Abboud licensed businesses.
In the three months ended Dec. 31, the net loss was pared to $1.5 million, or 20 cents a diluted share, from a loss of $6.3 million, or 94 cents, in the prior-year period. The net loss for continuing operations fell to $1.6 million from a loss of $7.2 million. The 2011 figures included a $6.3 million pretax loss on a lease obligation stemming from a dispute with the landlord of its New York offices.
"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)