Frederick’s of Hollywood Group Inc. reported a wider first-quarter loss despite a gain in revenues because of its merger with wholesaler Movie Star Inc.
For the quarter ended Oct. 25, the New York-based firm’s net loss available to common shareholders equaled $5.3 million, or 20 cents a share, compared with a loss of $3.9 million, or 33 cents a share, in last year’s period. The number of the company’s outstanding shares more than doubled between the periods.
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)