During the corresponding time, Naked Brand Group Inc. recorded a revenue increase by 81.69 % year on year, sequentially revenue fell by -25.71 %. While revenue at the Naked Brand Group Inc.'s corporate clients
Naked Brand Group's Comment on Sales, Marketing and Customers
Nordstrom is currently of key importance to our business and our results of operations,
which would be materially adversely affected if this relationship ceased. Although
we continue to receive sales orders from Nordstrom, they do not have any ongoing
purchase commitment agreement with us therefore we cannot guarantee that the volume
of sales will remain consistent going forward. Two other large North American
department store chains, Dillard’s and Bloomingdale’s, have recently
begun stocking our women’s products for select stores. We typically enter
into agreements with department store and larger retail customers which cover
the material terms and conditions of purchase orders such as shipping terms, pricing
policies, payment terms and cancellation policies. We expect additional department
store and retail customers will become important customers of our business in
2017 and beyond. We do not have any ongoing purchase commitments with any of our
customers.
Naked Brand Group’s Comment on Sales, Marketing and Customers
Nordstrom is currently of key importance to our business and our results of operations,
which would be materially adversely affected if this relationship ceased. Although
we continue to receive sales orders from Nordstrom, they do not have any ongoing
purchase commitment agreement with us therefore we cannot guarantee that the volume
of sales will remain consistent going forward. Two other large North American
department store chains, Dillard’s and Bloomingdale’s, have recently
begun stocking our women’s products for select stores. We typically enter
into agreements with department store and larger retail customers which cover
the material terms and conditions of purchase orders such as shipping terms, pricing
policies, payment terms and cancellation policies. We expect additional department
store and retail customers will become important customers of our business in
2017 and beyond. We do not have any ongoing purchase commitments with any of our
customers.
Sources:
Naked Brand Group Inc.’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Naked Brand Group Inc.’s corporate clients.
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