The Bermuda-based parent of Kay Jewelers and Jared The Galleria of Jewelry said earnings for the quarter ended Aug. 1 grew to $27.6 million, or 32 cents a share, from $19.7 million, or 23 cents, a year earlier. Sales slid 7.6 percent to $710.8 million from $768.9 million. Comparable-store sales fell 5.3 percent.
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)