Specialty apparel chains showed some signs of improvement as they reported first-quarter results Wednesday, but hopes for a speedy recovery were nowhere to be found in the third-quarter results of jeweler Zale Corp.
The Dallas-based chain reported that, in the third quarter ended April 30, its net loss mushroomed to $23.2 million, or 73 cents a diluted share, 27 cents worse than analysts expected and higher than the year-ago loss of $16.8 million, or 40 cents.
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)