Four specialty retailers posted fourth-quarter results on Thursday, with Pacific Sunwear of California Inc. the big loser as its quarterly profit dropped 42.3 percent.
The skate-and-surf-inspired chain said earnings for the period ended Feb. 2 fell to $5.2 million, or 7 cents a share, from $9.1 million, or 13 cents. Sales fell 7.8 percent to $420.1 million from $455.8 million, while total same-store sales decreased 2.2 percent. By division, comps at PacSun increased 2.1 percent, and declined 31 percent at the d.e.m.o. chain.
Steve Aoki held a presentation, a runway show and outdoor concert for his men's line Dim Mak. Here's a look from his spring 2018 collection, which was titled "Paradise Found." #wwdfashion #wwdmens (📷: George Chinsee)
"It's really hard sometimes. I think I have a reputation for being really tough and aggressive and pushy but I really am a very shy person who wants to be liked, and that's the conflict constantly. There's something that takes hold - I want people to like me, I don't want to be mean - but if I see something that just cries out to be answered, I go for it," says renowned NBC News correspondent Andrea Mitchell. (📷: @axeldupeux)