×
2 484
Fashion Jobs
PRETTYLITTLETHING
Senior Affiliate Marketing Executive
Permanent · MANCHESTER
BOOHOO
Ecommerce Trading Executive
Permanent · MANCHESTER
ESTEE LAUDER
Clinique - Consultant - Brown Thomas, Dublin - 15 Hours - Part-Time, Permanent
Permanent · Dublin
SHISEIDO
Nars Account Manager - Harvey Nichols London (37.5 Hours)
Permanent · London
ESTEE LAUDER
Clinique - Consultant - m&s Newcastle - 15 Hours - Part Time, Permanent
Permanent · Newcastle upon Tyne
ESTEE LAUDER
jo Malone London - Marketing And Consumer Engagement Director
Permanent · London
AESOP
Retail Consultant | Part-Time, Permanent | Aesop Selfridges Exchange Square, Manchester
Permanent · Central
BOOHOO
Print Sales Account Manager
Permanent · MANCHESTER
VF INTERNATIONAL
dc Team Leader
Permanent · COALVILLE
ESTEE LAUDER
Mac Cosmetics - Business Manager - Mac Stratford2, London - 37.5 Hours / Week - Full Time, Permanent
Permanent · London
HARRODS
Brand Manager
Permanent · LAKESIDE
HARRODS
Uniformed Security Officer
Permanent · LONDON
VF INTERNATIONAL
Senior Distribution Systems Specialist
Permanent · COALVILLE
ESTEE LAUDER
Bobbi Brown, la Mer And Darphin - CRM & Insights Assistant
Permanent · London
HARRODS
Food Supply Manager
Permanent · LONDON
JOHN LEWIS
Loss Prevention Partner
Permanent · CAMBRIDGE
HEAD OFFICE
Cyber Security Lead – Incident Response
Permanent · BRACKNELL
HEAD OFFICE
Delivery & Operations Manager
Permanent · BRACKNELL
BOOHOO GROUP
Product Manager
Permanent · MANCHESTER
DEBENHAMS
CRM Executive
Permanent · LONDON
PRETTYLITTLETHING
Business Analyst
Permanent · MANCHESTER
PRETTYLITTLETHING
Buying Admin Assistant
Permanent · MANCHESTER
Published
May 10, 2018
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Sequential Brands’ income continues to slip in Q1

Published
May 10, 2018

NYC-based Sequential Brands Group, Inc. has reported revenues of $38.1 million and a net loss of $2.3 million in the first quarter ended March 31, 2018.


Jessica Biel stars in a campaign for Sequential's yoga brand Gaiam - Instagram: @gaiam

 
As of January 1, 2018, Sequential began using a new revenue recognition standard, ASC 606, but also provided income and earnings information in accordance with the prior year’s standard (ASC 605) for the purposes of comparison.
 
Under the previous revenue recognition standard, revenue for Q1 2018 would have been $39.4 million, flat compared to the prior year period. Net loss, however, would have been reported as $1.3 million, slipping further from $1.2 million in the first quarter of 2017.

“We are encouraged by our solid start to 2018 and the momentum underway across our portfolio of strong, diversified brands,” said Sequential CEO Karen Murray in a release. “We remain focused on executing against our strategic plan to grow revenue, manage costs and improve our balance sheet.”
 
After appointing new CFO Peter Lops in February, the group recently signed a multi-year deal with Chinese sportswear manufacturer Beiying Sports Technology Co. to take its sportswear brand Avia to China, with a cross-channel launch planned for later this year.
 
Other brands in Sequential’s portfolio include William Rast, Martha Stewart, Gaiam and Caribbean Joe.

Copyright © 2022 FashionNetwork.com All rights reserved.