Shares of Maidenform Brands Inc. fell more than 6 percent Wednesday after the intimate apparel firm said weakness at department stores and changes in delivery schedules cut into second-quarter earnings and sales and reduced its projections for the year.
Second-quarter earnings declined 17.7 percent to $7.8 million, or 33 cents a diluted share, from $9.5 million, or 39 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)