Ascena Retail Group Inc. increased third-quarter profits as expense control and a lower tax rate helped it combat lower comparable sales, particularly in the Justice tween business.
“While sales improved somewhat during the combined March-April period, the choppy sales trends continued into the fourth quarter,” David Jaffe, president and chief executive officer, told analysts on a late afternoon conference call Tuesday.
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)