Frederick’s of Hollywood Group Inc. posted widened losses for the second quarter and six months due mostly to a goodwill impairment charge.
For the three months ended Jan. 24, the loss was $20.2 million, or 77 cents a share, compared with a loss of $2.4 million, or 20 cents, in the year-ago period. Excluding a $19.1 million noncash impairment charge, the loss would have narrowed to $1.1 million, or 4 cents a share.
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)