Nine West records $1.13 million operating loss for Nov. 4 to Dec. 1

By Caroline Salls

Pittsburgh, Dec. 27 – Nine West Holdings, Inc. reported a $1.13 million operating loss for the period of Nov. 4 through Dec. 1 on $65.95 million in net sales, according to its monthly operating report filed Dec. 27 with the U.S. Bankruptcy Court for the Southern District of New York.

Those figures showed improvement over the $3.85 million operating loss posted for the period of Oct. 7 through Nov. 3 on $58.43 million in net sales.

The net loss for the November period was $20.1 million, narrowing from a $41.82 million net loss for the previous period.

The company listed $27.16 million in cash and cash equivalents as of Dec. 1, up from $25.92 million at Nov. 3.

Nine West is a New York-based designer, marketer and wholesaler of apparel, footwear and accessories. The company filed bankruptcy on April 6, 2018 under Chapter 11 case number 18-10947.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.