NEW YORK — Mothers Work Inc.’s bottom and top lines continued to bulge in the third quarter with help from sourcing improvements and acquired stores.
The firm’s third-quarter net income all but doubled to $7.6 million, or $1.45 a diluted share, from $3.8 million, or 95 cents, a year ago. Wall Street was projecting significantly slimmer earnings of $1.19 a share.
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)