Oxford Industries Inc. disappointed Wall Street with lower-than-expected fourth-quarter earnings and 2013 guidance late Tuesday.
The letdown was tempered by “beats” on revenue, both for the quarterly results and in projections for the new year, limiting damage to the stock in after-hours trading. Shares closed down 28 cents, or 0.5 percent, at $52.05 during the regular trading session and shed an additional 2.5 percent, to $50.73, in the first hour of after-hours trading.
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?"