Net sales for the three months ended October 31, 2024 increased to $1.09 billion from $1.07 billion in the same period last year. Net sales of our segments are reported before intercompany eliminations.
Net sales of our wholesale operations segment increased to $1.07 billion for the three months ended October 31, 2024 from $1.05 billion in the comparable period last year. This increase was primarily the result of an increase in net sales of our DKNY and Karl Lagerfeld products, as well as our Donna Karan products and Nautica denim licensed products that primarily started shipping during the current year. The increase in sales of DKNY products was primarily related to performance wear, sportswear and denim categories. The increase in sales of Karl Lagerfeld products was primarily related to women’s suits, shoes, handbags and outerwear. These increases were partially offset by decreases in net sales of Calvin Klein and Tommy Hilfiger licensed products.
Net sales of our retail operations segment were $42.3 million for the three months ended October 31, 2024 compared to $32.7 million in the same period last year. The number of retail stores operated by us decreased from 62 at October 31, 2023 to 51 at October 31, 2024. The increase in sales in our retail operations segment was the result of increased sales at our Karl Lagerfeld Paris and DKNY stores. Comparable store sales, which include both stores and digital channels, increased by high double digits at our Karl Lagerfeld Paris and DKNY stores compared to the same period in the prior year.
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