Chico’s FAS Inc. has reduced the total new store opening count for 2014 to 107 from the planned estimate of between 120 and 130 stores.
The revised plan is a reflection of current business trends, and was disclosed when company executives spoke about first-quarter results in which the retailer missed analysts’ estimates for earnings per share by 2 cents on a 22 percent decline in profits.
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)