News

Long-awaited improvement at Wilsons

06/12/2007

After long-term declines in sales, it appears that the turnaround predicted at leather outerwear, accessories and apparel retailer Wilsons The Leather Experts Inc. may have begun.

Although year-to-date sales have decreased 12.4% to $192.7, the company reported an increase of 6.6% to $33.6 million for the four weeks ended December 1, up from $31.6 million in the comparable period last year.  Comparable store sales also improved 0.4%, rising for the first time since 2000, compared with a 19.1% decrease in same period of 2006.

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