Women’s specialty apparel retailer Bebe Stores Inc. on Thursday posted a second-quarter loss and a decline in sales for the period.
For the three-month period ended Dec. 29, the net loss was $4.8 million, or 6 cents a diluted share, against net income of $6.6 million, or 8 cents, in the year-ago quarter. The retailer also posted a 10.8 percent decline in net sales to $135.5 million from $152 million. The company said comparable-store sales fell 10.5 percent in the period.
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)