Hampshire Group Ltd. reduced its net loss in the fourth quarter despite a decline in sales at its Rio Garment unit and the winding down of its Geoffrey Beene and Joe Joseph Abboud licensed businesses.
In the three months ended Dec. 31, the net loss was pared to $1.5 million, or 20 cents a diluted share, from a loss of $6.3 million, or 94 cents, in the prior-year period. The net loss for continuing operations fell to $1.6 million from a loss of $7.2 million. The 2011 figures included a $6.3 million pretax loss on a lease obligation stemming from a dispute with the landlord of its New York offices.
Madonna turns 59 today, marking another year of show-stopping, one-of-a-kind bold looks from the singer. To celebrate, we took a look at the superstar's most memorable fashion moments. Here, Madonna sits front row at Versace's spring runway show in 1995. See more exclusive photos from the #wwdarchive on WWD.com. #wwdeye (📷: Cédric Dordevic)
WWD asked a handful of creative directors to evaluate the September covers of leading women's fashion magazines. How do they think the covers this year compare with years gone by, and what do they say about the current status of the publication? Link in bio. (GIF by @hypebreast)
"Stephen King is such a master, but I don't like being scared - there's enough that's really scary. How about the morning's news?" says Holland Taylor in an interview with WWD. See what else the actress said about starring in the TV adaptation of King's thriller "Mr. Mercedes" on WWD.com. #wwdeye (📷: @jgreenery)