The luxury skiwear brand’s revenues were down 22% in the seasonally small first quarter to $1,150,000 from $1,472,000, while net loss narrowed by 11% to $3,533,000 from $3,978,000. Perfect Moment described this year as a “reset” year as it transitions to a full-price luxury brand model. Wholesale revenue improved to $563,000 from $153,000, on the continued build-out of its wholesale channel ahead of the winter ... Log in to view full article.
