PVH Corp. expects continuing headwinds in southern Europe and ongoing investments in the Calvin Klein businesses acquired from The Warnaco Group Inc. to limit its second-half profitability.
Reporting second-quarter results that beat analysts’ expectations on both the top and bottom lines, the New York-based firm held to its guidance for full-year adjusted earnings of $7 a diluted share and initiated guidance for adjusted earnings per share of $2.20 in the third quarter.
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)