Boosted by an almost $20 million increase in sales, Delta Apparel Inc. reversed a year-ago loss in the first quarter.
For the three months ended Sept. 27, the Duluth, Ga.-based vendor reported net income of $674,000, or 8 cents a diluted share, versus a net loss of $1.5 million, or 18 cents a share, for the same period last year. Net sales jumped 26 percent to $91.4 million from $72.6 million.
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)