The weakening business environment and accounting quirks took their toll on the fourth-quarter results of Signet Jewelers Ltd., parent to Kay Jewelers and Jared the Galleria of Jewelry.
Also on Wednesday, Delia’s Inc. reported a fourth-quarter profit, largely from the sales of its skateboard catalogue business, and Citi Trends Inc. reported higher profits for the quarter and also named David Alexander, president and chief operating officer, to succeed Ed Anderson as chief executive officer upon Anderson’s retirement April 4.
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)