Shares of Casual Male Retail Group Inc. vaulted more than 40 percent Tuesday after the men’s big and tall specialty chain reported that cost cuts and inventory control allowed it to increase profits more than 90 percent in the second quarter despite declining sales.
David Levin, chief executive officer, also termed a success the company’s first hybrid units — which bring together its Casual Male XL and Rochester Big & Tall nameplates — saying they are “exceeding expectations” in the first four weeks in operation, and that four of the five new concept stores are among the company’s top 10 best performers.
"You start one way as a baby, but why shouldn't you be able to choose your own path as opposed to culturally people telling you which way to go?" - Thom Browne at his men's spring 2018 show, where he celebrated gender fluidity. #pfw #wwdmens (📷: @delphineachard)
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)