NEW YORK — The weight of acquisition and marketing charges pressured Innovo Group Inc. into the red for the second consecutive quarter.

In the third quarter ended Aug. 30, the Los Angeles-based apparel and accessories marketer reported a net loss of $2.3 million, or 14 cents a diluted share. By comparison, the company reported net earnings of $820,000, or 5 cents, in the same period last year.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus