Zale Corp. losses narrowed in the fourth quarter and chief executive officer Theo Killion said the company had momentum on its side.
Fourth-quarter net losses shrank to $19.7 million, or 61 cents a share, from $32.6 million, or $1.02, a year earlier. Revenues for the three months ended July 31 increased 7.9 percent to $407 million from $377.3 million as comparable-store sales rose 8.3 percent.
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)