Ross Stores Inc. was the bright spot among the discounters reporting Thursday, posting gains in the third quarter for both net income and sales.
Net income rose 7.6 percent to $171.6 million, or 80 cents a diluted share, from $159.5 million, or 72 cents, a year ago. Sales were up 6 percent to $2.4 billion from $2.26 billion, with comps up 2 percent in the period.
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)