Oxford Industries Inc. reported double-digit declines in its top and bottom lines in the third quarter, but beat analysts’ expectations and offered better-than-expected guidance for the current quarter.
For the three months ended Oct. 31, the Atlanta-based apparel maker recorded an 11.2 percent decline in profits to $4.2 million, or 27 cents a diluted share, from $4.8 million, or 31 cents a share, a year ago.
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)