Kenneth Cole Productions Inc. had a tough go of it in the second quarter, with lower sales pushing the footwear and apparel company to a loss, although results were better than expected and executives said the business has a firm footing.
Losses for the three months came in at $2.1 million, or 11 cents a share, compared with profits of $3.3 million, or 16 cents, a year ago.
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)