NEW YORK – Hartmarx Corp. late Monday reported second-quarter results that failed to meet even its subdued expectations for a small profit.
In the three months ended May 31, the Chicago-based men’s and women’s apparel manufacturer was hit by a net loss of $1.5 million, or 4 cents a diluted a share, versus year-ago net income of $5.4 million, or 15 cents. Hartmarx had earlier forecast earnings of 5 to 8 cents a share and analysts on average had expected EPS at the low end of that projection.
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?"