Financial News

Full Year, Q4 Sales Decline at Perfumania

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By: TOM BRANNA

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Perfumania Holdings posted fourth quarter and fiscal year 2013 retail sales results for Perfumania, a wholly owned subsidiary which operates specialty retail fragrance stores throughout the US, Puerto Rico and the US Virgin Islands. Net sales fell 10.7% to $97.9 million for the fourth quarter of 2013. For fiscal year 2013, total net sales fell 3.6% to $279.8 million. Similar to most retailers, the company’s 2013 fiscal year ended Feb. 1, 2014 had 52 weeks; the 2012 fiscal year ended Feb. 2, 201...

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