Cost-cutting is back in style at Levi Strauss & Co.
After boosting first-quarter profits 21 percent via cuts in selling, general and administrative costs, particularly in the areas of advertising and promotion, company executives indicated more paring lies ahead, and that it’s unlikely to be restricted to marketing spending.
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)