NEW YORK — Cost cuts offset an expected sales decline to allow Oxford Industries Inc. to record bottom-line gains during its first quarter.
For the three months ended Aug. 30, the Atlanta-based apparel manufacturer recorded a 44.2 percent jump in net income to $4.5 million, or 60 cents a diluted share. That compares with last year’s profits of $3.1 million, or 42 cents.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"