By  on February 14, 2014

Joe’s Jeans Inc.’s first quarter as the owner of Hudson Jeans exceeded expectations as strength in wholesale channels helped it overcome expansion costs and promotional pressures in its retail operations.

In the fourth quarter ended Nov. 30, the Los Angeles-based jeans firm registered a net loss of $1.8 million, or 3 cents a share, versus net income of $2 million, or 3 cents, in the 2012 period.

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