Perfect Moment Q3 Growth Slows as E-commerce Sales Dip
London-based luxury skiwear brand Perfect Moment reported an 8.7% rise in sales for the first nine months of fiscal 2026, even as third-quarter growth flattened. Revenue for the quarter held steady at around $11.7 million compared to the same period last year. For the nine-month period ending December 31, revenue increased to $17.9 million from $16.5 million, supported by a stronger wholesale order book and improved operational efficiency in fulfillment and shipping.
E-commerce sales declined about 21% during the third quarter, reflecting the company’s shift away from discounted online promotions toward a full-price brand strategy. In contrast, wholesale revenue climbed 15.4% to $8.5 million in the quarter and jumped 28.4% to $12.9 million over the nine months, underscoring growing demand from retail partners.
The company also returned to profitability in the third quarter, posting a net income of $93,000 compared to a $2.5 million loss a year earlier. Co-founder and President Jane Gottschalk said the turnaround reflects progress in product diversification, supply chain improvements, and expansion into men’s and kids’ collections as the brand transitions into a year-round luxury outerwear and lifestyle label.
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