Danier Leather to explore sale options after ‘disappointing’ results
11/02/2015
Canadian retailer Danier Leather has said it will “explore strategic alternatives” including a sale or merger. It has encountered falling sales during the second quarter of fiscal 2015, which fell 10% to $55.7 million compared. Year-to-date sales decreased by 12% to $76.3 million, while comparable store sales decreased by 14%. Danier has...