Maidenform Brands Inc. slashed its full-year earnings outlook Wednesday, citing weakness in its European business, “suppressed sales” due to Hurricane Sandy and more competition in the shapewear arena.
Despite that, the innerwear maker posted a 5.4 percent increase in third-quarter profit, and it topped analysts’ predictions by a penny.
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)