The fourth-quarter outlook isn’t getting any prettier.
Tiffany & Co., Aéropostale Inc. and Ascena Retail Group Inc. all cut profit projections Thursday, weighing on retail stocks and reconfirming the generally blah reading of the holiday season. Tiffany said its comparable-store sales were flat for November and December and that comps at its New York flagship fell 2 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)