Alberto Culver Co.’s second-quarter profits slid 3.3 percent as its hair care business picked up momentum and helped the firm ward off some of the recession’s ills.
Earnings for the quarter ended March 31 dipped to $28.1 million, or 28 cents a diluted share, compared with profits of $29 million, or 28 cents a share, in the year-ago period. Reduced 10.1 percent by currency fluctuations, net sales slid 1.4 percent for the quarter to $344.3 million, from $349.4 million.
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?"