As other retailers prepare to start reporting their second-quarter results this week, American Apparel Inc. has informed the Securities and Exchange Commission that its numbers will neither be punctual nor profitable.
The increasingly embattled purveyor of chic basics said in an SEC filing late Tuesday that its new independent auditor, Marcum, needs more time to work through the figures for the second quarter, ended June 30, as well as those for the first quarter, which have yet to be filed.
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)