True Religion’s blistering pace of opening branded stores is guiding the premium denim label through the worst of the recession, helping the company reap double-digit sales and earnings gains during the second quarter.
For the three months ended June 30, the Vernon, Calif.-based company saw earnings improve 18.4 percent to $11 million, or 45 cents a share, compared with earnings of $9.3 million, or 29 cents, in the same period a year ago.
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)