Kohl’s Corp.’s fourth-quarter profits declined 18.4 percent, but a greater emphasis on proprietary brands provided a recessionary bright spot.
In the three months ended Jan. 31, net income fell to $336 million, or $1.10 a diluted share — beating the Yahoo Finance analyst consensus estimate of $1.03 — from $412 million, or $1.31, in the year-ago period. Sales declined 4.6 percent, to $5.24 billion from $5.49 billion, and decreased 9.1 percent on a same-store basis. Accessories, footwear, men’s wear and children’s wear outperformed for the quarter and year, while women’s wear and home fared poorly.
Steve Aoki held a presentation, a runway show and outdoor concert for his men's line Dim Mak. Here's a look from his spring 2018 collection, which was titled "Paradise Found." #wwdfashion #wwdmens (📷: George Chinsee)
"It's really hard sometimes. I think I have a reputation for being really tough and aggressive and pushy but I really am a very shy person who wants to be liked, and that's the conflict constantly. There's something that takes hold - I want people to like me, I don't want to be mean - but if I see something that just cries out to be answered, I go for it," says renowned NBC News correspondent Andrea Mitchell. (📷: @axeldupeux)