Crailar Technologies Inc., which produces and markets Crailar flax fiber, reported a net loss of $3.2 million, or 7 cents a share, for the fourth quarter ended Dec. 28, compared with a net loss of $3.1 million, or 7 cents a share, for the same period a year earlier.
Sales in the quarter for the start-up were $400,000 compared with no sales in the year-ago period when product was still being tested.
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)