Strength in golf, women’s contemporary merchandise and direct-to-consumer was not enough to keep Perry Ellis International out of the red in the second quarter — or to keep shareholders happy.
The company weathered underperformance in its Perry Ellis and Rafaella businesses, missed analysts’ estimates for the quarter, reduced its annual profit guidance and saw its stock drop 16.4 percent to $18.62 in late morning trading on Wall Street.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)