LONDON — Investors cheered Boohoo.com, the British fast-fashion site that saw its full-year profits nearly quadruple to 8.4 million pounds, or $13.4 million, sending the stock price up 9.8 percent to 50 pence, or 85 cents, on Thursday.
Boohoo, a pure-play e-tailer whose core market is 14 to 35 year olds and focus is on value fashion, said sales were up 63 percent to 109.8 million pounds, or $174.6 million, in the year to Feb. 28.
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)