Belk Inc. achieved double-digit earnings growth in the second quarter as strength in e-commerce helped it overcome decelerating retail conditions.
In the three months ended Aug. 3, net income expanded 11.3 percent to $30.5 million from $27.4 million in the 2012 quarter. Excluding onetime gains and charges in both periods, profits rose 14 percent to $30.9 million.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)