Oxford Industries Inc. on Tuesday reported an 89 percent jump in first-quarter profits and raised guidance for the year.
For the three months ended May 1, income was $12.5 million, or 76 cents a diluted share, versus income of $6.6 million, or 42 cents, a year ago. Analysts polled by Yahoo Finance on average expected EPS of 60 cents in the most recent quarter.
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)