Sales gains helped Alberto-Culver Co. boost its profits in the second quarter, although disruptions in its supply chain kept earnings below Wall Street expectations.
In the three months ended March 31, profits at the Melrose Park, Ill.-based beauty supplier rose 7.3 percent to $30.1 million, or 30 cents a diluted share. A year ago, its net income totaled $28.1 million, or 28 cents a share.
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)