Wilsons the Leather Experts Inc. announces sales increase
Wilsons The Leather Experts Inc. has reported sales of $32.6 million for the five weeks ended April 2, 2005 for its Wilsons Leather stores compared to $36.1 million for the five weeks ended April 3, 2004.
Year-to-date sales for the company's Wilsons Leather stores decreased 17.7% to $65.7 million compared with $79.9 million for the same period last year. Sales for the month of March 2004 and the prior year-to-date period included approximately $9.2 million and $20.0 million, respectively, in liquidation sales resulting from the transfer of inventory to an independent liquidator.