ATLANTA — The tough retail environment continues to dampen sales and earnings for Oxford Industries, which reported a fall in net earnings to $509,000, or 3 cents per diluted share in the two-month stub period, ended Feb. 2, from $2.8 million, or 16 cents, in the two-month period a year ago.
Consolidated net sales slipped to $163.4 million from $164.4 million in the two-month period, which completes Oxford’s transition to a new fiscal calendar.
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)