Coach Inc.’s fourth-quarter results had a few surprises: a beat of Wall Street’s consensus earnings per share estimate by 6 cents and a comps decline of 17 percent that was better than the 20.5 percent drop some expected.
That sent shares of the company up 4.3 percent to close at $35.80 in New York Stock Exchange trading.
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)