Danier Leather reports Q4 and FY results
Canadian designer, manufacturer, and retailer of leather and suede clothing and accessories, Danier Leather Inc. has reported lower revenues for the fourth quarter and 52 weeks ended
Revenues in the fourth quarter decreased by $3.5 million, or 12%, to $25.5 million. The company stated that results for the quarter were impacted by an increase in the litigation provision in connection with a class action lawsuit, which the company has appealed. Adjusted net loss for the fourth quarter of