Steep sales declines lowered Volcom Inc.’s second-quarter earnings but did not result in the loss Wall Street had predicted.
For the three months ended June 30, profits at the Costa Mesa, Calif.-based surf brand fell 82 percent to $872,000, or 4 cents a diluted share, from $4.9 million, or 20 cents a share, in the 2008 period.
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)