The TJX Cos. Inc. posted a 42.1 percent jump in fourth-quarter profits as consumers continued to seek out value-priced merchandise during the holiday season.
For the quarter ended Jan. 28, net income totaled $475.3 million, or 62 cents a diluted share, which met analysts’ estimates. This compared with year-ago income of $334.4 million, or 42 cents a diluted share.
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)