Birks & Mayors Inc. weathered a 26 percent decrease in sales during its first quarter and provided a bleak outlook for results in the months ahead.
The Montreal-based operator of the Birks, Mayors and Brinkhaus jewelry retail nameplates said sales in the three months ended June 27 were $53.6 million, down from $72.4 million in the first quarter of 2008. Comparable-store sales declined 20 percent, as a 13 percent decline in Canada partially offset a 26 percent dip in the U.S.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"