Shares of Dillard’s Inc.’s slid 8.2 percent on Friday, the most of any of the 100 international stocks on the WWD Global Stock Tracker, after the department store missed earnings estimates and reported declines in second-quarter sales, profits and margins.
Dillard’s cited weakness in home and furniture as it disclosed a lower-than-expected 1 percent increase in same-store sales. Juniors and children’s apparel performed best, followed by men’s apparel and accessories.
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)