Specialty retailer of leather outerwear, accessories and apparel Wilsons The Leather Experts Inc. has reported that sales for the five weeks ended December 31, 2005 decreased 8.9% to $110.2 million compared with $120.9 million for the five weeks ended January 1, 2005. Year-to-date sales decreased 9.7% to $370.6 million compared with $410.6 million for the same period last year. Sales for the prior year-to-date period included approximately $20.8 million in liquidation sales resulting from the transfer of inventory to an independent liquidator.

Share this story: