Off-price leader the TJX Cos. Inc. continued to grab share of the apparel market in the second quarter — and made money doing it.
The Framingham, Mass.-based firm’s profits jumped 13.9 percent to $479.6 million, or 66 cents a diluted share, from $421.1 million, or 56 cents, a year earlier. Earnings per share came in 3 cents ahead of the 63 cents Wall Street analysts anticipated.
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)