VF Corp. delivered a fourth-quarter earnings gain of 51.4 percent, which is against a tough macroeconomic backdrop that contributed to weakness in its Nautica sportswear business.
Net income, driven by the firm's jeanswear and outdoor businesses, weighed in at $164.4 million, or $1.46 a diluted share, which compared with $108.6 million, or 95 cents, a year earlier. Revenues for the three months ended Dec. 31 jumped 22.3 percent to $2 billion from $1.6 billion.
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)