Reductions in expenses helped Bernard Chaus Inc. reverse a year-ago loss in its first quarter despite lower sales.
For the quarter ended Sept. 30, the New York-based supplier of women’s casual and career apparel posted net income of $126,000, or breakeven on a diluted share basis, compared with a net loss of $354,000, or 1 cent a share, in the 2007 quarter. Net sales fell 4.6 percent, to $33.9 million from $35.5 million a year earlier.
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)