Iconix Brand Group nudged past profit expectations in the first quarter and boosted guidance for the year.
Net income gained 23.9 percent to $34.2 million, or 51 cents a diluted, share, from $27.6 million, or 37 cents, a year earlier. Adjusted earnings of 54 cents came in 2 cents ahead of the 52 cents analysts projected.
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)