Myron “Mike” Ullman 3rd found a new believer in the turnaround he's leading as chief executive officer of J.C. Penney Co. Inc.
Bernard Sosnick, retail analyst at Gilford Securities, upgraded the beleaguered retailer’s stock to “buy” from “neutral” today on the belief that the company is “at an inflection point, moving from danger to a more secure foundation to build upon.”
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)