Lower cotton prices helped VF Corp. deliver higher-than-expectedfirst-quarter profits and the best gross margin result in its history.
Cotton’sreversal significantly helped the profitability of VF’s jeanswearcoalition, which saw operating income spike 29.4 percent to $143.3million, even as the unit’s sales declined 3.2 percent to $717.9 millionon weakness among midtier retailers in the U.S., as well as in itswholesale businesses in China and southern Europe.
Alberta Ferretti's "Rainbow Week" sweaters are back. The designer closed her #MFW show with a few day-of-the-week sweaters, which first debuted on the catwalk last January as part of the pre-fall 2017 collection. #wwdfashion (📷: @delphineachard)