Adding to a long list of specialty store spin-off casualties, American Eagle Outfitters Inc. Friday pulled the plug on its four-year-old 77kids children’s retail concept.
American Eagle plans to explore other options for the business, including a full or partial sale to a third party. The company, which is scheduled to report first-quarter results Wednesday, expects to take charges to reflect the discontinuation of the business primarily during the third and fourth quarters.
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)