Cost cuts helped Perry Ellis International Inc. narrow its second-quarter loss, and the apparel firm’s optimistic outlook attracted investors Wednesday.
For the three months ended Aug. 1, the Miami-based vendor reported a loss of $5.3 million, or 42 cents a diluted share, versus a loss of $5.4 million, or 36 cents a share, a year ago. Analysts polled by Yahoo Finance had expected a loss of 57 cents a share, on average.
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?"