The Talbots Inc. swung to a profit for the second quarter, but sales missed expectations.
Net profits tallied $941,000, or 1 cent a share, and compared with losses of $24.5 million, or 45 cents, a year earlier. Sales for the three months ended July 31 slipped 1.3 percent to $300.7 million from $304.6 million.
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?"