Home / Knowledge / News / Fashion / Merchandise margins improve at dELiA*s Retail
Merchandise margins improve at dELiA*s Retail
May '08
dELiA*s Inc, a direct marketing and retail company comprised of three lifestyle brands primarily targeting consumers between the ages of 12 and 19, announced financial results for the first quarter ended May 3, 2008.

For the thirteen weeks ended May 3, 2008, total revenues increased 10% to $63.5 million from the same period last year. Total gross margin was 34.5% of sales as compared to 36.1% in the first quarter of last year, as the improved merchandise margins at dELiA*s Retail and dELiA*s Direct were more than offset by the increase in retail occupancy costs as a percentage of sales and increased shipping costs in the direct segment.

Selling, general and administrative expenses decreased as a percentage of sales to 40.4% in the first quarter of 2008, compared to 42.1% of sales in the comparable quarter of 2007, but increased by 5.5% in dollars to $25.7 million versus $24.3 million last year. Net loss for the quarter was $3.9 million or $0.13 per diluted share as compared to a net loss of $3.3 million or $0.11 per diluted share in last year's first quarter.

Robert Bernard, Chief Executive Officer, commented, "Given the substantial progress we are making in improving our operating capabilities, we are pleased that we ended the quarter on a decidedly positive note, with retail comps in the mid-teens in April. We significantly improved retail merchandise margins over last year, and we continued to invest in building solid foundations in product development, planning and store training."

Must ReadView All

Courtesy: Amazon

Apparel/Garments | On 23rd Sep 2018

Consumers in Turkey get access to Amazon

Amazon has launched in Turkey giving customers in the country...

Value in omni-channel retail with Flipkart buying: Walmart

Apparel/Garments | On 23rd Sep 2018

Value in omni-channel retail with Flipkart buying: Walmart

With the acquisition of Flipkart, Walmart sees great value in...

E-com to result in common SE Asian consumer market: BCG

Textiles | On 23rd Sep 2018

E-com to result in common SE Asian consumer market: BCG

The rapid spread of e-commerce and digital technologies is binding...

Interviews View All

C Kamatchisundaram, Voltas

C Kamatchisundaram

ITME is an occasion not only to receive new leads but also to work on...

Nishank Patel, Shri Dinesh Mills Limited

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Deepak Jain, Baggout

Deepak Jain

We are using Facebook and Instagram to promote ourselves

Harsh Shah,

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Ravindra Jain, Ashish Baid,

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...



Italtex is a leading studio publishing fabric trend-books since 1959....

Pierre Wiertz, EDANA

Pierre Wiertz

EDANA, the international association serving the nonwovens and related...

S Ziya Gumuser, Teknomelt

S Ziya Gumuser

Turkish nonwoven manufacturer Teknomelt has been around for only seven...

Steve Cole, Xerium Technologies

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Silvia Venturini Fendi, Fendi s.r.l

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Priya Somaiya, Usha Social Services

Priya Somaiya
Usha Social Services

The Usha Silai label from Usha International is all set for a retail...

Pranav Mishra, Huemn

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

September 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category

Related Categories:

Advanced Search