Columbia Sportswear Co. cut its second-quarter loss as reductions in expenses more than compensated for a 3.4 percent decrease in sales.
The Portland, Ore.-based outerwear and sportswear marketer also cut its forecast for full-year sales, calling for a decline of up to 2.5 percent in revenues versus its forecast three months ago of a “slight” decrease for the year.
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)