US EditionBirks Full-Year Loss Deepens
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Birks Full-Year Loss Deepens
Canada-based jeweler Birks Group recorded a loss for the full fiscal year amid the exit of one of its jewelry brands and an impairment on some of its assets. The company posted a loss of CAD 12.8 million ($9.3 million) for the 12 months that ended March 29, it said last week. That compares to the CAD 4.6 million ($3.3 million) loss the company reported in fiscal 2024. The jeweler opened new stores under the TimeVallée and Birks brands and acq…
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