Growth in its Perry Ellis men’s and Rafaella women’s collections wasn’t sufficient to offset weakness in its retail operations as Perry Ellis International Inc. logged wider second-quarter losses.
For the three months ended Aug. 3, the Miami-based sportswear firm’s net loss hit $2.8 million, or 19 cents a diluted share, versus a loss of $2.4 million, or 17 cents, in the 2012 quarter. The adjusted loss was 15 cents a share, 1 cent greater than the 14-cent loss expected, on average, by analysts.
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)