NEW YORK — An uptick in sales led to bottom-line growth for Tefron Ltd. in the second quarter, but an accounting charge pushed the company into the red for the first half of fiscal 2002.
For the three months ended June 30, the Bnei-Brak, Israel-based seamless intimate apparel maker recorded net income of $3.1 million, or 25 cents a diluted share. That compares with last year when the company recorded a quarterly net loss of $2.6 million, or 21 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)