NEW YORK — Strong sales, coupled with prudent inventory management, led Kenneth Cole Productions Inc. on Friday to raise its fourth-quarter outlook, pushing its shares up more than 7 percent.
The New York-based footwear and apparel firm said it expects to report fourth-quarter earnings per share of "at least" 36 cents and revenues of about $117 million to $118 million. This compares with its prior forecast for earnings between 32 and 34 cents a share and for revenues of between $108 million and $110 million.
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?"