Perry Ellis International’s earnings benefited from the sale of assets in Asia in the first quarter but revenue took a hit from unseasonably cool spring weather and hesitant consumer spending.
Net income for the three months ended May 4 was $11.3 million, or 74 cents a diluted share, up 17 percent from $9.7 million, or 64 cents, from the year-ago quarter. PEI completed the sale of its John Henry trademarks in Asia during the quarter, resulting in a pretax gain of $6.3 million, or 22 cents a share.
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)