Destination XL Group Inc. plans to reinstitute TV advertising to grab the attention of big and tall guys after noting the elimination of a fall marketing campaign hurt fourth-quarter sales.
For the three months ended Jan. 28, net income was $1.8 million, or 4 cents a diluted share, against a net loss of $1.4 million, or 3 cents, a year ago. On an adjusted basis, diluted earnings per share were 2 cents, compared with an adjusted loss of 2 cents a year ago. Net sales slipped 1.1 percent to $122.6 million from $124 million. The company said DXL comparable-store sales were down 1.9 percent for the quarter.
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)