Iconix Brand Group Inc. said Monday that it recorded a gain in third-quarter profits and that it plans to repurchase $75 million of its own stock.
Profits for the quarter ended Sept. 30 at the New York-based brand management firm increased 7.8 percent to $18.3 million, or 30 cents a diluted share, compared to $17 million, or 28 cents a share, last year.
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)