Shares of Polo Ralph Lauren Corp. hit a new 52-week high in intraday trading Wednesday, after the firm reported second-quarter profits that strongly outpaced analysts’ expectations despite the continuing cautiousness of consumers.
Shares of Polo closed at $108.28, up $7.36, or 7.3 percent, and had reached a new high for the past year of $109.28 in intraday trading.
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)