NEW YORK — Red ink was the common denominator among several specialty stores reporting quarterly results on Tuesday.
Zale Corp., United Retail and Gadzooks all saw their losses widen in the just-concluded quarter. Cato Corp.’s earnings nearly evaporated under pressure from retirement agreements, but Wilson’s The Leather Experts was able to trim its losses despite a double-digit sales decline.
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)