NEW YORK — Piercing Pagoda has yet to break through for Zale Corp.
Saddled with a $136.3 million pretax charge for goodwill impairment on its August 2000 acquisition of Piercing Pagoda, the Dallas-based jewelry retailer reported a net loss of $46.2 million or $1.44 a diluted share for the three months ended Jan. 31, compared with earnings of $95 million, or $2.70, in the year-ago quarter. Excluding the charge, net income would have decreased 5.3 percent to $90.1 million, or $2.80, matching Wall Street’s consensus estimate.
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)