Perry Ellis International Inc. earned back some of the respect it had recently put at risk among investors Thursday as it reported a fourth-quarter performance marked by improving trends in sales, profits and margins.
Shares ended the day at $18.51, up $1.11 or 6.4 percent. They had fallen 13.1 percent, to $16.79, on Feb. 19 after the Miami-based sportswear firm provided guidance for the holiday period that fell well below previous analysts’ estimates.
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)