NEW YORK — Christopher & Banks Corp. succeeded where many of its brethren struggled in the first quarter, as it reported double-digit profit and sales growth.
For the three months ended May 31, the Minneapolis-based specialty chain said net income gained 14 percent to $11.1 million, or 44 cents a diluted share. By comparison, last year the company reported profits of $9.8 million, or 37 cents. Earnings per share beat the Wall Street consensus estimate by 2 cents.
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)