NEW YORK — Wet Seal Thursday became the third teen retail firm to pull back earnings estimates based on sluggish July sales.
Anemic sales, primarily in Florida and Texas, will pull Wet Seal Inc.’s comparable-store sales down into the mid-single-digit range in July, while the firm’s second-quarter earnings per share will be up to a nickel below Wall Street’s estimates.
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)