Macy's Inc., managing its way through negative sales trends and merger issues, posted fourth-quarter results that by some measures surpassed the competition.
On Tuesday, the department store said earnings rose 2.3 percent to $750 million, or $1.73 a share, as sales for the quarter ended Feb. 2 slid 6.2 percent to $8.59 billion from $9.16 billion. Sales on a comparable-store basis were down 2 percent.
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)