NEW YORK — Improved business controls, as well as a year-ago charge, helped Elizabeth Arden Inc. narrow its second-quarter losses as sales increases cleared the double-digit hurdle.
Losses attributable to common shareholders for the quarter totaled $11 million, or 62 cents a share. This compared with the year-ago deficit of $26.8 million, or $1.53. Year-ago results reflect a $10.3 million pretax charge for inventory write-down.
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?"