ATLANTA — Russell Corp.’s acquisitions are starting to pay off.
In the second quarter ended July 6, the sportswear and sporting goods firm reported net income of $6.7 million, or 20 cents a diluted share, beating the First Call consensus estimate of 17 cents and reversing a year-ago loss of $6.1 million, or 19 cents. Sales for the quarter rose 5.9 percent to $267.9 million from $253.1 million last year.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"