Destination XL Group Inc. continues to move forward with its transformation from Casual Male, although results in the first quarter were impacted by colder-than-usual weather in the early part of the period.
Net income for the quarter ended May 4 slid 55.4 percent to $1 million, or 2 cents a diluted share, versus year-ago income of $2.3 million, or 5 cents a share. Sales fell 2 percent to $93.6 million from $95.5 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)