Urban Outfitters Inc.’s troubled namesake division is showing signs of progress but could lead the company to further margin erosion in the just-begun third quarter.
That assessment from chief financial officer Frank Conforti came Monday as the company reported lower earnings that matched Wall Street’s expectations and a revenue performance that, largely on the strength of its high-flying Anthropologie and Free People brands, exceeded them.
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)