Dress Barn Inc. on Wednesday raised its guidance for fiscal 2010 profits by 15 cents and said it has been buoyed by consumers trading down from other retailers and better-than-expected performances at its Dress Barn, Maurices and Justice divisions.
“All three are value priced. They are not focused on premier or down-and-dirty budget prices,” David Jaffe, president and chief executive officer, said at the $2.5 billion company’s investor meeting in New York.
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)