At Macy’s Inc., the pressure is on to keep its growth streak going.
In reporting first-quarter results last week, Macy’s posted its 13th straight quarterly comp gain of at least 3 percent and said top-line sales rose by more than $1 billion in each of the past three years; that earnings per share have improved for 15 quarters in a row, and that the company is approaching its goal of a 14 percent operating earnings rate, after last year’s 13.4 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)