Adastria Co., Ltd. Provides Consolidated Earnings Guidance for the Full Year Ending February 28, 2021
September 29, 2020
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Adastria Co., Ltd. provided consolidated earnings guidance for the full year ending February 28, 2021. For the full year, the company expects to report net sales of JPY 189,000 million, operating loss of JPY 1,000 million, ordinary loss of JPY 1,100 million and net loss attributable to owners of the parent company of JPY 2,200 million or JPY 46.69 per share.
Adastria Co Ltd, formerly Adastria Holdings Co Ltd is mainly engaged in the apparel and miscellaneous goods retail business. The domestic product sales business includes casual fashion brands such as Global Work, LOWRYS FARM, LEPSIM, JEANASiS and RAGEBLUE, and lifestyle brands such as nico and ..., studio CLIP and BAYFLOW.It develops e-commerce (EC) specialized brands such as apres jour. It develops fashion apparels for adults under the brands such as Babylon and BARNYARDSTORM. The Company operates its business under the brand Velvet by Graham and Spencer in the United States. The logistics business, goods are received, inspected, stored and shipped. In order to efficiently purchase products when expanding to multiple stores, the Company inspects and stores the received products by the central buying method and ships the products in a timely manner.
ADASTRIA CO., LTD. 
