NEW YORK — A double-digit sales decline was insufficient to prevent Blair Corp. from reporting an even larger increase in second-quarter net income.
For the three months ended June 30, the Warren, Penn.-based multichannel direct marketer reported net income increased 28.4 percent to $7 million, or 88 cents a diluted share. That compares with last year’s profits of $5.5 million, or 69 cents.
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?"