NEW YORK — Stronger-than-expected sales in several divisions and a year-over-year improvement in its women’s jeans business paved the way for Nautica Enterprises Inc. to report fourth-quarter profits, reversing a year-ago loss.
The New York-based company, which markets apparel under its namesake brand as well as Earl Jean and John Varvatos, said for the three months ended March 1, income reached $20.7 million, or 60 cent a diluted share, against a year-ago loss of $8.4 million, or 25 cents. In 2003, the company incurred a quarterly aftertax charge of $1.6 million, or 5 cents, related to the transition of its Nautica business in Europe; while in last year’s quarter, it reported an aftertax charge of $9 million, or 27 cents, related to the closure of a distribution facility.
Steve Aoki held a presentation, a runway show and outdoor concert for his men's line Dim Mak. Here's a look from his spring 2018 collection, which was titled "Paradise Found." #wwdfashion #wwdmens (📷: George Chinsee)
"It's really hard sometimes. I think I have a reputation for being really tough and aggressive and pushy but I really am a very shy person who wants to be liked, and that's the conflict constantly. There's something that takes hold - I want people to like me, I don't want to be mean - but if I see something that just cries out to be answered, I go for it," says renowned NBC News correspondent Andrea Mitchell. (📷: @axeldupeux)