Under Armour Inc.’s second-quarter earnings took a smaller-than-expected hit, and the active brand raised its outlook for the year after posting higher revenues thanks to its performance footwear launch.
For the three months ended June 30, net income declined 76 percent to $1.4 million, or 3 cents per diluted share, from $5.7 million, or 11 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)