Delia’s Losses More Than Triple in Quarter/CFO Resigns

Delia’s Corp. cited merchandising mistakes for a third quarter net loss of $10.7, a large drop from $3.2 million last year.

The company said that significant back-to-school product and planning miscues negatively affected performance in both the retail and direct channels.

Other factors also contributed to the loss.

A charge of $1.6 million was related to severance and call