Christopher & Banks Corp. reported a smaller-than-expected third-quarter loss Wednesday as costs from the closure of its Acorn brand pulled results below the break-even point.
For the quarter ended Nov. 29, the Minneapolis-based specialty retailer registered a net loss of $1.4 million, or 4 cents a diluted share, versus net income of $10.2 million, or 29 cents a share, for the year-ago period. Excluding discontinued operations, the company lost $39,000, or broke even on an earnings-per-share basis, compared with the net income of $11.1 million, or 31 cents a share in 2007.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"