What are the most important breakthroughs happening in your sector of the business today?
CATHY SALERNO: This year, we’ve seen huge breakthroughs in the pharmaceutical industry, with the U.S. FDA granting breakthrough therapy designation to a number of new drug entities based on their abilities to deliver unprecedented results in terms of diseases like breast cancer, lymphoma and cystic fibrosis. Many of the breakthroughs made are coming out of our greater understating of genetic coding that triggered these conditions. We are exploring how to apply fundamental genetic discoveries from drug development for conditions such as psoriasis to treat more common conditions such as eczema, dry skin and even aging. We have seen great advances in psoriasis treatment and research grounded in biotechnology and genetic coding. We are taking the lessons learned from how they cracked the nut for psoriasis to see how we can apply the same fundamental premises and genetic discoveries to treating these skin conditions.
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)