Shares of Christopher & Banks Corp. jumped more than 15 percent in morning trading Thursday as the women’s retailer cut its fourth-quarter loss more than expected.
For the three months ended Feb. 1, the Minneapolis-based women's specialty retailer cut its net loss to $286,000, or 1 cent a diluted share, from a loss of $4.1 million, or 11 cents, in the year-ago quarter. Analysts on average had expected a loss of 3 cents a share.
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?"