Skin care product launches in China and year-ago restructuring charges helped Nu Skin Enterprises Inc. more than double its fourth-quarter profits, the company reported Friday.
In the period ended Dec. 31, the Provo, Utah-based firm posted net income of $14.5 million, or 23 cents a diluted share, a 140.2 percent increase from $6 million, or 9 cents a share, in the prior-year period. In the 2007 quarter, the company incurred $17 million in pretax restructuring charges.
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)