Zale Corp. posted a higher second quarter profit even though revenues slipped in the period.
For the three months ended Jan. 31, net income rose 23.2 percent to $50.8 million, or $1.13 a diluted share, from $41.2 million, or $1.02, a year ago. Revenues in the quarter slid 2.1 percent to $656.4 million from $670.8 million, while comparable-store sales rose 0.6 percent.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"