News

Wilsons The Leather Experts reduces losses

18/08/2005

US specialty retailer of leather outerwear, accessories and apparel, Wilsons The Leather Experts Inc. has announced that it has narrowed the company’s losses in the second quarter of 2005.

Net sales for the second quarter ended July 30, 2005 increased 5.6% to $58.4 million compared with $55.3 million for the same period last year. Wilsons reported a net loss for the 2005 second quarter of $14.0 million compared with a net loss for the 2004 second quarter of $30.4 million.

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