Shares of Ascena Retail Group Inc. jumped in after-hours trading Monday following the company’s disclosure of increased first-quarter sales and profits that exceeded analysts’ expectations.
The Suffern, N.Y.-based specialty retailer reported that sales rose on both a net and comparable basis at all five of its nameplates, with Lane Bryant excelling with its 7 percent increase in comps and a 7.8 percent increase in net sales.
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)