Restructuring charges and price promotions drove Charming Shoppes Inc. into the red in the fourth quarter.
The corporate parent of Lane Bryant, Fashion Bug and Catherines Plus Sizes, which is under pressure from activist investors, also forecast a loss of 6 to 8 cents a diluted share in the first quarter, compared with earnings of 20 cents a year ago.
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)