Hanover Direct Inc. reported net income of $500,000 for the fourth quarter, down from net income of $4.9 million last year.
The cataloger reported net revenue $120.7 million for the quarter ended Dec. 31, down from net revenue of $121.6 million last year.
The Weehawken, NJ firm reported higher quarterly net revenue in its Domestications and Silhouettes catalogs but lower net revenue in the Company Store and its men’s catalogs.
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