NEW YORK — Christopher & Banks’ shares skyrocketed more than 11 percent Thursday as the company reaffirmed earnings expectations for the fourth quarter despite lower same-store sales in December.
The Minneapolis-based chain of 439 stores under the Christopher & Banks and C.J. Banks labels said last month’s comparable-store sales slid 2 percent as total sales rose 20.1 percent to $47.8 million from $39.8 million in last year’s month.
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)