Integration difficulties with the G.H. Bass brand, acquired from PVH Corp. last year, didn’t stop G-III Apparel Group Ltd. from posting improved and better-than-expected second-quarter results, led by its wholesale operations and registering a 4.5 percent increase in its shares on Wednesday.
With its outerwear and dress businesses generating strong numbers and expectations for a fairly fast turnaround at Bass, investors sent shares up $3.82 to close at $88 after hitting a 52-week high of $92 in midday trading.
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)