NEW YORK — Shares of Kenneth Cole Productions Inc. inched up 1.3 percent after the firm posted a fourth-quarter profit due to an increase in revenues and a reduction in operating expenses.
For the three months ended Dec. 31, income was $8 million, or 43 cents a diluted share, against a loss of $2.7 million, or 15 cents, a year ago. Total operating expenses fell 18 percent to $45.4 million from $55.4 million a year ago.
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?"