Levi Strauss & Co. busted out in the second quarter with large increases in margins and profits as sales improved and costs came down.
Chip Bergh, president and chief executive officer, noted that second-half performance might be “more muted,” however, as year-on-year reductions in the cost of denim and savings on the decision to discontinue the Denizen brand in Asia will largely be behind the San Francisco-based apparel giant.
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)