DSW executives said that the company was restructuring and identified $25 million in potential savings.
“The stellar financial performance in the second quarter is proof positive that our strategy is paying off,” said CEO Herbert Hainer.
Fashion designers overwhelmingly were in favor of remaining in the European Union, and have since taken to social media to share their thoughts.
A judge handed down mixed results for Converse Thursday, after the company sued 31 competitors for “copying” elements of its Chuck Taylor style.
As Trump and Clinton pull away from the pack, industry experts see renewed urgency for TPP passage.
VF Corp.’s revenue declined 5 percent, to $3.41 billion, missing Wall Street’s forecast for sales of $3.64 billion.
Xcel Brands Inc.’s profit fell sharply, more than 50 percent, in Q3 while revenues soared double digits to $7.3 million.
Iconix shed more than half its share price after pre-announcing lower-than-expected Q3 earnings & its intent to restate previous financial statements.
Q3 revenues totaled 8.6 billion euros, or $9.5 billion, while revenues for the first nine months were 25.3 billion euros, or $27.8 billion.