NEW YORK — Tumi Holdings Inc. experienced growth in all parts of its business except for North American wholesale operations as the accessories and travel product firm narrowly exceeded analysts’ expectations for third-quarter profits.
In the three months ended Sept. 29, the South Plainfield, N.J.-based company boosted net income 15.2 percent to $12.1 million, or 18 cents a diluted share, 1 cent higher than the consensus estimate of analysts. Year-ago profits were $10.5 million, or 15 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)