G-III Apparel Group topped second-quarter profit expectations and did what many of its retail counterparts could not — raise expectations for the year.
The company’s second-quarter income jumped 164 percent to $3.6 million, or 17 cents a diluted share, from $1.4 million, or 7 cents, a year earlier. Earnings per share came in 7 cents better thanthe 10 cents analysts projected.
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)