NEW YORK — Unexpectedly robust sales growth allowed Oxford Industries Inc.’s earnings to vault more than ninefold in the second quarter.
For the three months ended Nov. 29, the Atlanta-based apparel maker reported net income skyrocketed 824.7 percent to $4.3 million, or 56 cents a diluted share. That compares with last year’s comparable-quarter profits of $461,000, or 6 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)