Wal-Mart Stores Inc. posted higher first-quarter earnings and sales and said its apparel business is ready to "kick into high gear" with warmer spring weather.
Earnings rose 6.9 percent for the quarter to $3.02 billion, or 76 cents a diluted share, from $2.83 billion, or 68 cents, a year ago. Revenues for the three months ended April 30 rose 10.3 percent to $95.3 billion from $86.41 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)