Centric Brands Q3 net sales drop 6 percent

Centric Brands Inc. formerly known as Differential Brands Group Inc., for the three months ended September 30, 2018 reported total net sales decrease of 6 percent to 39.8 million dollars. The company said in a statement that somewhat offsetting a wholesale segment net sales decline of 12.3 percent in the quarter was strong 13.6 percent net sales growth in the consumer direct segment.