Auditor raises Spiegel concerns
February 4, 2003,
Chicago — Spiegel's auditor has raised red flags about its ability to continue as a going concern.
KPMG LLP raised the concerns in Spiegel's form 10-K filed today for the fiscal year ended Jan. 31 with the Securities and Exchange Commission.
KPMG noted management's plans to address those concerns, also noting that financial statements did not include any adjustments that might result from the outcome of such uncertainty.
Related Content By Author
Live From New York: Fashion Comes Across the Pond
Home & Textiles Today eDaily