The Warnaco Group Inc. posted a 21 percent jump in fourth-quarter earnings, bolstered by strong sales in its sportswear business.
For the three months ended Dec. 29, earnings "as reported" grew to $22.9 million, or 49 cents a diluted share, from $18.9 million, or 41 cents in the year-ago period. Adjusted earnings, which include restructuring charges among other items, rose 30 percent to $19.5 million, or 42 cents a diluted share, from $15 million, or 32 cents.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"