Shares of True Religion Apparel Inc. advanced in after-hours trading Wednesday following the Los Angeles-based premium jeanswear brand’s report of lower fourth-quarter earnings that surpassed Wall Street’s estimates and upbeat guidance for the new year.
The company said its strategic review was continuing but offered no details about strategic alternatives being considered, including a possible sale of the firm.
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)