Nike Inc. on Thursday posted first-quarter results that beat analysts’ expectations by 13 cents and said worldwide futures orders were up from a year ago.
For the three months ended Aug. 31, income was up 9 percent to $559 million, or $1.14 a diluted share, from $513 million, or $1.04, in last year’s period. Analysts were expecting $1.01 a share. Revenues climbed 7.8 percent to $5.18 billion from $4.8 billion.
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)