Steven Madden Ltd. said Tuesday that second-quarter earnings fell but still beat Wall Street expectations.
The Long Island City, N.Y.-based footwear and accessories firm reported second-quarter earnings declined 27.6 percent to $7.6 million, or 43 cents a diluted share, from $10.5 million, or 49 cents a share, in the same period last year. Analysts on average expected earnings per share of 40 cents in the most recent quarter.
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)