John Varvatos Enterprises sees $619,826 net loss for April period

By Sarah Lizee

Olympia, Wash., May 28 – John Varvatos Enterprises, Inc. reported a $619,826 net loss on zero net revenue for the April period, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.

In comparison, the company reported a $806,976 net loss on zero net revenue for the March period.

The company had $479,860 in unrestricted cash and equivalents as of April 30, compared to $506,737 at the end of March.

John Varvatos Enterprises is a New York-based menswear retailer. The company filed bankruptcy on May 6, 2020 under Chapter 11 case number 20-11043.

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