• BYE-BYE BOB’S: The TJX Cos. sold off its 34-door Bob’s Stores division to private equity firms Versa Capital Management and Crystal Capital. Terms of the deal were not disclosed, but the off-price giant said it would record a $15 million, or 3 cents a share, aftertax loss in the third quarter from the sale. TJX also revised its 2009 earnings guidance from continuing operations to $2.30 to $2.35 a diluted share, up from the $2.26 to $2.31 expected prior to the divestiture. Last year, Bob’s, which TJX acquired in 2003, pulled in sales of $310 million.
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)