Record Gross Margin Rate
Achieved a record gross margin rate for the quarter, with a margin rate just shy of 51%, which is 210 basis points greater than the previous year.
12% Improvement in Adjusted Bottom Line
Reported a 12% improvement in the adjusted bottom line, indicating higher incremental profitability.
Licensing Business Growth
Revenues from the licensing business increased by over 60%, highlighting its role as a significant vehicle for brand growth.
European E-commerce Sales Increase
European e-commerce business sales increased 28% year-over-year, aided by new leadership and a premium brand relaunch.
Delta Airlines Partnership
Secured a partnership with Delta Airlines to service their uniform provider through the end of 2027.