Gildan Activewear Inc. reported lower third-quarter earnings that beat analysts’ estimates and forecast its market share would rise next year.
In the three months ended July 5, profits at the Montreal-based T-shirt firm fell 23.8 percent to $41.5 million, or 34 cents a diluted share, from $54.5 million, or 45 cents a share, in the same period during fiscal 2008.
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)