Though it’s still early for spring selling, J. Crew Group Inc. is feeling no letup in the pressures and headwinds experienced last year.
“In general, the difficult traffic trends we saw in the fourth quarter are persisting into the early part of the first quarter,” Stuart Haselden, J. Crew’s chief financial officer, told WWD, just after the company reported its fourth-quarter results, marked by a decline in net profits but gains in adjusted earnings and on the revenue side as well.
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)