Pacific Sunwear of California Inc.’s third-quarter losses widened and Gary Schoenfield, president and chief executive officer, said the business suffered a “precipitous decline” over the past month that led the company to lower holiday expectations.
Longer term, the 904-door specialty chain said it was reconsidering its store base and would close as many as 150 doors.
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)