The Fossil Group Inc. swept past consensus estimates for fourth-quarter results while adopting a conservative stance toward the first quarter.
In the three months ended Dec. 28, the Richardson, Tex.-based watch and accessories firm saw net income decline 1.7 percent to $148.5 million, or $2.68 a diluted share, from $151.1 million, or $2.51, in the year-ago quarter.
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)