Ralph Lauren Corp. appears to be in the early stages of a retail push for growth.
That was the gist of comments by Jackwyn Nemerov, president and chief operating officer, and Christopher H. Peterson, chief financial officer, during a conference call to Wall Street analysts following the company’s report of first-quarter results. While the results were better than expected, profits still slid 10.5 percent for the period, owing largely to infrastructure investments such as store-opening costs.
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)