The luxury skiwear and lifestyle brand expects revenues to increase 3% to $5.0 million in the final fiscal quarter ended March 31.
But for the company full-year revenues dipped 12% to $21.4 million. Excluding the impact of a Hugo Boss collaboration in the prior year period, sales inched up about 1% and lost sales due to the Matches Fashion bankruptcy were also a headwind. PMNT said that the net loss for the year will be about $16.0 million. Recent hires from Canada Goose, LVMH, and Timberland have bolstered the leadership team, and the wholesale order book is up 30% so far for the Autumn/Winter 2025 season to $12.7 million.
