VERONA, Italy— Italy’s giant hosiery, innerwear and beachwear group Calzedonia SpA closed 2012 on an upbeat note, with growing profitability and revenues and plans to further expand outside national borders.
In a rare interview, Sandro Veronesi, who founded the company in 1986 and has grown it into a retail powerhouse, revealed that net profit last year reached 137 million euros, or $176.7 million, compared with 134 million euros, or $186.3 million, the previous year.
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)