NEW YORK — Experiencing growing pains as it expands from being a direct retailer, The J. Jill Group reported double-digit dips to its fourth-quarter and year-end bottom lines.
The Quincy, Mass.-based company said late Monday that profits for the three months ended Dec. 27 tumbled 48.6 percent to $3.2 million, or 16 cents a diluted share. Last year, the firm posted profits of $6.2 million, or 30 cents. However, the retailer said a pickup in holiday sales allowed it to beat its previous forecast of 9 cents to 14 cents, as well as consensus estimates of 11 cents, according to First Call.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"